Capital Market Archives — Page 21 of 60

March 4, 2022 No Responses

NGX Group Records N6.8b Gross Earnings In 2021

The Nigerian Exchange (NGX) Group Plc gross earnings grew to N6.8 billion in its audited financial results for the year ended December 31, 2021. The group, in a statement on Thursday in Lagos, said the figure represented 13 per cent...

March 4, 2022 No Responses

2021: Vitafoam Shareholders Get N1.9b Dividend

Vitafoam Nigeria Plc, a leading manufacturer of rigid foams and other household materials, has rewarded its shareholders with a total dividend of N1.9 billion for the year ended December 31, 2021, translating to N1.50 per share. Its Chairman, ...

March 2, 2022 No Responses

2021:Transcorp Hotels Records 114% Growth In Revenue, Votes N717m For Dividend

Transcorp Hotels Plc has announced its Audited Financial Statements for the full year ended December 31, 2021.  The results published on the Nigerian Group Exchange showed a 114% growth in Revenue to N21.74bn from N10.16bn as o...

February 20, 2022 No Responses

United Capital Proposes 114% Increase In Dividend

United Capital Plc, an investment bank and pan-African financial services group, has proposed 114 per cent dividend increase to N1.50 for every 50k ordinary share for the financial year ended Dec. 31, 2021. The Group Chief Executive Officer of the...

February 12, 2022 No Responses

DMO Auctions N150b FGN Bond

The Debt Management Office (DMO) on Friday offered for auction, two separate Federal Government of Nigeria (FGN) bonds at N75 billion each. The DMO in its website, announced that the bonds are N75 billion, 10-year re-opening FGN bonds at 12.5 per...

February 8, 2022 No Responses

FG Lists $4b Eurobonds On FMDQ Exchange

FMDQ Securities Exchange Ltd. has announced the listing of the Federal Government of Nigeria’s four billion dollars Eurobonds under its global medium-term note programme on its platform. This is contained in a statement by FMDQ Exchange made available ...

February 8, 2022 No Responses

GTCO Acquires Wealth Management Firm

Guaranty Trust Holding Company Plc (GTCO Plc) has acquired 100 per cent shares in Investment One Funds Management Limited, a wealth management company. GTCO in a notice signed by Erhi Obebeduo and sent to the Nigerian Exchange Limited on Monday,...

February 4, 2022 No Responses

NGX Lists Key Growth Drivers For 2022

The Nigerian Exchange (NGX) Ltd. has listed five key areas it will pursue to make significant strides in 2022. The Chief Executive Officer, NGX, Mr Temi Popoola, listed the key areas as building on digital transformation, listings and delistings, technol...

February 2, 2022 No Responses

2022:FMDQ Group Lists Priorities For Growth

FMDQ Group has listed priorities to be pursued by the company in 2022 to enhance the growth and development of the fixed income markets. Ms Kaodi Ugoji, Group Chief Operating Officer, FMDQ Group, said the top priorities were the launch...

February 1, 2022 No Responses

NASS Canvasses Stronger Capital Market Regulation

The Chairman, House Committee on Capital Markets and institutions, Hon. Babangida Ibrahim, has called for strengthening of the regulatory framework of the capital market to attract more investments. Ibrahim made the remarks during a stakeholders meeting ...

January 28, 2022 No Responses

NGX Loses N281b Amid Profit-Taking On Dangote Cement

The bears resurfaced at the nation’s bourse on Thursday as a result of profit taking in Dangote Cement and 17 other stocks. Accordingly, the All-Share Index declined by 520.76 per cent or 1.12 per cent to close at 46,009.23 from...

January 27, 2022 No Responses

NGX Market Capitalisation Crosses N25trillion

Transactions on the nation’s bourse sustained positive momentum on Wednesday with the market capitalisation growing by N318 billion to cross over N25 trillion mark. At the end of the day’s transaction, the market capitalisation rose b...

January 27, 2022 No Responses

DMO Lists $4b Oversubscribed Eurobond In FMDQ Exchange

Debt Management Office (DMO) has listed its 2021 $4 billion Federal Government of Nigeria (FGN) Eurobonds on the FMDQ Group Securities Exchange. This is in a bid to build investors’ confidence and also secure their investments. The DMO revea...

January 26, 2022 No Responses

SEC: No Extension Of 2022 License Renewal Exercise After January 31

The Securities and Exchange Commission (SEC) has warned Capital Market Operators (CMOS) and relevant stakeholders that the Jan 31 deadline for renewal of registration licence will not be extended. SEC, in a circular posted on its website, said that ...