Hike in PMS Prices, Others Jerk Up Petroleum Marketing Companies Revenue by 47%

Hike in PMS Prices, Others Jerk Up Petroleum Marketing Companies Revenue by 47%

Kayode Tokede On the heels of increasing prices of Premium Motor Spirit (PMS) and other related products, a total of four listed Petroleum marketing companies on the Nigerian Exchange Limited (NGX) generated an increase of 47 per cent in revenue in 2021. These four companies, according to THISDAY investigations are Conoil Plc, Eterna Plc, Juli […]

Gains in Access bank, Guinness, 25 Others Lift Stock Market By N54bn

Gains in Access bank, Guinness, 25 Others Lift Stock Market By N54bn

Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday ended the three-day investors’ profit-taking buoyed by bargain hunting in Access Bank Plc, Guinness Nigeria, and 25 others as the overall market capitalisation gained N54 billion. The overall market capitalisation size gained N54 billion to close at N25.411 trillion from N25.36 trillion it […]

NSE to sanction Fidelity Bank, others for late filing of reports

NSE to sanction Fidelity Bank, others for late filing of reports

The Nigerian Stock Exchange (NSE) has announced plans to sanction 28 companies for failing to meet post-listing requirements. This include defaultment in timely release of operational reports and financial statements. The list of offenders released by the exchange include three commercial banks, a microfinance bank, three mortgage bankers, five insurance companies, one investment management firm […]