Category: Capital Market/Banking

UBA Declares N404b PBT, 50k Interim Dividend 
September 13, 2023 No Responses

UBA Declares N404b PBT, 50k Interim Dividend 

For the half year ended June 30, 2023, United Bank for Africa (UBA) Plc, delivered an outstanding performance as announced in its audited financial report.  The results released to the Nigerian Exchange Limited (NGX) on Tuesday showed that the Group...
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Ecobank Announces Back-To-School Packages For Customers
September 12, 2023 No Responses

Ecobank Announces Back-To-School Packages For Customers

Ecobank Nigeria is offering special loan packages for parents and guardians to enable them pay school fees for their children and wards ahead of resumption for the 2023/2024 school year.  The Bank is also making special infrastructure loans avai...
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Zenith Bank Declares N15.70b Interim Dividend
September 12, 2023 No Responses

Zenith Bank Declares N15.70b Interim Dividend

For the half year ended June 2023,  Zenith Bank Plc has declared an interim dividend of N15.70 billion, representing N0.50 per share.  In a notice to the Nigerian Exchange Limited (NGX), the Board of Directors proposed the payment of an interim....
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Fidelity Bank Declares N8b Interim Dividend
September 7, 2023 No Responses

Fidelity Bank Declares N8b Interim Dividend

For the half year ended June 2023, Fidelity Bank Plc has declared an interim dividend of N8 billion, representing N0.25 per share  In a notice to the Nigerian Exchange Limited (NGX), the Board of Directors proposed the payment of an...
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NGX Sustains Growth, Index Surpasses 68,000 Mark With 33 Per Cent
September 5, 2023 No Responses

NGX Sustains Growth, Index Surpasses 68,000 Mark With 33 Per Cent

The Nigerian Exchange Limited (NGX) has achieved a significant milestone as its All-Share Index (ASI) surged to an unprecedented level of 68,279.14, marking a 1.11% increase. This achievement surpasses the previous record of 66,371.20 points set on March 5, 20...
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Unclaimed Dividends: NGX Seeks More Awareness, Financial Literacy
September 2, 2023 No Responses

Unclaimed Dividends: NGX Seeks More Awareness, Financial Literacy

Nigerian Exchange Limited (NGX) has said that a mix of financial literacy and awareness can help to reduce the growing number of unclaimed dividends in the capital market. This is coming after efforts by the Securities and Exchange Commission (SEC) t...
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GTCO Explains 2023 Half-Year Results
September 2, 2023 No Responses

GTCO Explains 2023 Half-Year Results

For the period ended June 30, 2023, Guaranty Trust Holding Company (GTCO) Plc has released its audited consolidated and separate financial statements to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). Within the period, the group r...
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NGX To Partner LCCI On Private Sector Advocacy, Listings
September 1, 2023 No Responses

NGX To Partner LCCI On Private Sector Advocacy, Listings

Nigerian Exchange Limited (NGX) has expressed its eagerness to collaborate with the Lagos Chamber of Commerce and Industry (LCCI) in advancing advocacy efforts, encouraging listings, and enhancing capacity development for both chamber members and the broader e...
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NGX Group To Pay Interim Dividend On Thursday
August 30, 2023 No Responses

NGX Group To Pay Interim Dividend On Thursday

Nigerian Exchange Group Plc is expected to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each on Thursday, 31 August 2023. This comes subsequent to an emergency board meeting convened by the Group...
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Zenith Bank Appoints Juliet Ehimuan As Non-Executive Director
August 30, 2023 No Responses

Zenith Bank Appoints Juliet Ehimuan As Non-Executive Director

The Board of Directors at Zenith Bank Plc has appointed Dr. Juliet Ehimuan as Non-Executive Director of the bank. A notice to the Nigerian Exchange signed by Company Secretary, Michael Osilama Otu said: “The Board of Directors of Zenith Bank Plc...
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SEC Seals Offices of Stockmatch
August 29, 2023 No Responses

SEC Seals Offices of Stockmatch

As part of measures to ensure unregistered entities are not allowed to engage in capital market functions, the Securities and Exchange Commission (SEC), on Tuesday, sealed the premises of Stockmatch Investments Ltd in Maiduguri, Borno State for allegedly engag...
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Nigeria Ends Borrowing
August 29, 2023 No Responses

Nigeria Ends Borrowing

The Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation. The Minister of Finance and Coordinating Minister for the Economy, Chief Wale Edun, revealed this...
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Unclaimed Dividends Hit N190b
August 26, 2023 No Responses

Unclaimed Dividends Hit N190b

THE Securities and Exchange Commission (SEC) has disclosed that the unclaimed dividends figure in the nation’s capital market currently stands at N190 billion. Mr Lamido Yuguda, the Director-General of SEC, said this at the second post-Capital Market Committ...
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FMDQ Approves Review Of Eunisell CP Programme To N20b
August 25, 2023 No Responses

FMDQ Approves Review Of Eunisell CP Programme To N20b

FMDQ Securities Limited has approved a 100 per cent upward review of the Commercial Paper Issuance Programme of Eunisell Limited, a company specialized in the provision of speciality chemical solutions across a wide range of industrial users. In a letter...
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