NGX Group Kayode Tokede A total of 16 companies worth N109.11billion in market capitalization have failed to comply with post-listing requirements of the Nigerian Exchange Limited (NGX) of filing audited result and accounts at stipulated period, THISDAY investigation has revealed. THISDAY learnt that three out of the 16 companies have not remitted six years results […]
The Nigerian stock market recorded a loss last week as the market capitalisation of equities fell below N20tn. The Nigerian Exchange Limited All-Share Index depreciated by 0.57 per cent to close the week at 37,994.19 basis points compared to 38,469.87 the previous week. Tier-one banks, including Access Bank Plc, United Bank for Africa Plc and […]
Nigerian Exchange Group (NGX) The increasing appetite for interim dividend-paying stocks has continued to propel transactions across all sectors on the Nigerian Exchange Limited (NGX), as investors’ wealth soared by N147 billion in three trading days. Specifically, the market capitalisation, which stood at N19.923 trillion when the market reopened for trading on Monday, rose by […]
The market capitalisation of equities listed on the Nigerian Exchange Limited rose on Wednesday for the fourth straight trading day, gaining a total of N314.20bn. At the end of trading on the floor of the NGX on Wednesday, the All-Share Index increased by 0.22 per cent to 38,418.04 basis points from 38,418.04 on Tuesday. The […]
The Nigerian Exchange (NGX) Limited All-Share Index (ASI) rose 0.2 per cent to close higher at 38,548.24 as the market extended its recovery for the second day. The appreciation was supported by gains recorded by MTN Nigeria Plc, FCMB Group Plc and Lafarge Africa Plc. Market capitalisation added N34.3 billion to close at N20.1 trillion. […]
Nigerian stocks rebounded on Monday with a 0.89 per cent after a largely bearish week as investors adopted a risk-on approach despite the possibility that the central bank’s monetary policy committee meeting, which will be completed Tuesday, will raise the benchmark interest in a bid to arrest Nigeria’s runaway inflation which touched 17.33 per cent […]
FBN Holdings Plc has announced the appointment of Seni Adetu, Juliet Anammah and Otu Hughes as new board members. The new board members – Seni Adetu and Juliet Anammah were appointed as independent non-executive directors of FBN Holdings Plc. Otu Hughes was appointed as a non-executive director. “These appointments are subject to the approval of […]
FBNHoldings PLC (“FBNHoldings) , Nigeria’s leading financial holdings company, has announced the appointments of Seni Adetu and Juliet Anammah as Independent Non-Executive Directors, while Otu Hughes has been appointed as a Non-Executive director. These appointments are subject to the approval of the Central Bank of Nigeria (“CBN”). Speaking on the appointments, the Group Chairman of […]
The FBN Holdings Plc has announced the appointment of Mr. Seni Adetu and Mrs. Juliet Anammah as independent non-executive directors. In addition, the group announced the appointment of Mr. Otu Hughes as a non-executive director. It, however, stated that the appointments were subject to the approval of the Central Bank of Nigeria. Speaking on the […]
Goddy Egene The bulls consolidated their hold on the market yesterday as buying interests in Dangote Cement Plc, MTN Nigeria Plc and Seplat Petroleum Development Company Plc lifted the benchmark index further. The Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose by 1.54 per cent to close at 40,963.14, while market capitalisation rose by N325.3 […]
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