MRS Oil Nigeria Plc At the end of transactions on the equities sector of the capital market, losses in Cornerstone Insurance, SCOA and MRS dragged the all-share index and market capitalisation by 0.3 per cent to close the week at 47,282.67 and N25, 483 trillion. Cornerstone Insurance shed 21.62 per cent to close at 58 […]
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 […]
Four of the major oil marketing companies in Nigeria saw their combined revenue surged by 46.96 per cent last year as fuel demand recovers from the impact of the COVID-19 pandemic. The companies, namely Conoil Plc, TotalEnergies Marketing Nigeria Plc, MRS Oil Nigeria Plc and Eterna Plc, grew their total revenue by N198.9bn in 2021 […]
Transactions on the equities sector of the Nigerian Exchange (NGX) market capitalisation increased by N28 billion yesterday, amid sustained bargain hunting in BUA foods and 27 stocks. Specifically, the All-Share Index (ASI) increased by 42.71 absolute points, representing a growth of 0.10 per cent to close at 43,897.13 points. Similarly, the overall market capitalisation size […]
Kayode Tokede The market capitalisation o f the Nigerian Exchange (NGX) yesterday rose by N28 billion amid sustained investors bargain hunting in 28 stocks. The NGX All-Share Index (ASI) increased by 42.71 basis points or 0.10 per cent to close at 43,897.13 basis points. Similarly, the overall market capitalisation size gained N28 billion to close […]
NGX Group Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) last week closed in negative territory ahead of Christmas and New year celebrations. The bears dictated proceedings in the stock market, as profit-taking activities dominated performance, with the benchmark index recording declines on three of the five trading sessions of the week. […]
Price losses recorded by some companies in the petroleum marketing subsector, especially MRS and Eterna oil yesterday dragged the All-Share Index (ASI) by 0.01 per cent. Specifically, at the close of transactions yesterday on the Nigerian Exchange Limited (NGX), the ASI declined by 6.14 per cent, representing a decrease of 0.01 per cent, to close […]
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday closed on a negative note with a decline of 0.01 per cent as investors’ take profit in MRS Oil Nigeria Plc, Eterna Plc and 19 other stocks. The stock market performance of yesterday witnessed Eterna dropping by 9.91, MRS Oil Nigeria depreciated by […]
The total revenue generated by five of the major oil marketing companies in the country jumped by N149.93bn in nine months as fuel demand recovers from the impact of the COVID-19 pandemic. The companies saw their combined revenue for the nine-month period ended September 30, 2021 rise to N593.9bn from N443.97bn in the same period […]
RC: 6442 2, Tincan Island, Port Road, Apapa, P.O. Box 166, Lagos, Nigeria. T: +234 1 461 4500, F: + 234 1 461 4602 www.mrsoilnigplc.net THE RESOLUTION OF THE BOARD OF DIRECTORS OF MRS OIL NIGERIA PLC MRS Oil Nigeria Plc ("the Company") hereby wishes to inform the Nigerian Exchange Limited ("NGX") and the investing […]
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