Photo News

Photo News

L – R shows Dr Riccardo Ambrosini, Lead, Climate Finance Africa, International Finance Corporation (IFC); Kalim M. Shah Senior Country Manager, IFC ( Nigeria, Sierra Leone and Liberia); Mr. Temi Popoola, CEO, Nigerian Exchange Limited (NGX) and Dr. Iniobong Abiola...
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Conoil Shareholders Get N1.7b Dividend For 2021  

Conoil Shareholders Get N1.7b Dividend For 2021  

Shareholders of Conoil Plc, at the weekend, unanimously approved the proposed final dividend payout of N1.734 billion, which translates to N2.50 per share, for the 2021 financial year.   The dividend payment ratified at the company’s 52nd Annual General...
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NGX Lists Geregu Power On Main Board 

NGX Lists Geregu Power On Main Board 

The Nigerian Exchange Ltd. (NGX) on Wednesday listed Geregu Power Plc on its main board with 2.5 billion ordinary shares at N100 per share under the utilities sector and electric power generation sub-sector of NGX.  The News Agency of Nigeria...
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SAHCO Wins Best Performing Stock Award

SAHCO Wins Best Performing Stock Award

Skyway Aviation Handling Company Plc (SAHCO) has won the award of “Best Performing Stock” for the year 2021 at the Nigerian Investor Value Awards 2022 (NIVA) hosted by BusinessDay and the Nigerian Exchange (NGX).    A statement issued by Man...
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NGX Lists Key Growth Drivers For 2022

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...
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NGX Sustains Growth By N130b On BUA Foods Rally

NGX Sustains Growth By N130b On BUA Foods Rally

The bulls sustained trading on the nation’s bourse on Friday with the market capitalisation extending growth by N130 billion.  Specifically, the market capitalisation which opened at N23.497 trillion rose by N130 billion to close at N23.627 trillion.&nb...
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NGX Opens Week With N153b Loss On MTNN, Nestle Loses

NGX Opens Week With N153b Loss On MTNN, Nestle Loses

Trading in the domestic bourse resumed for the week on Monday with bearish sentiments due to profit-taking in bellwether stocks – MTNN and Nestle.  Specifically, the market capitalisation lost N153 billion or 0.71 percent to close at N21.471 trillion from.....
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NGX Market Capitalisation Extends Rally By N20b

NGX Market Capitalisation Extends Rally By N20b

The nation’s bourse maintained positive trading on Friday, extending the gaining streak by 0.10 percent.  Specifically, the market capitalisation which opened at N21.275 trillion increased by N20 billion or 0.10 percent to close at N21.295 trillion.  Also,...
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FBN Drives Trading On NGX, Exchanges 605.01m Shares

FBN Drives Trading On NGX, Exchanges 605.01m Shares

FBN Holdings Plc (FBNH) emerged the most traded stock by volume on the Nigerian Exchange Ltd on Thursday.  Specifically, the company accounted for 605.01 million shares worth N8.90 billion.  Fidelity Bank followed with 20.59 million shares valued at ...
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FirstBank Boosts SMEs With N500,000

FirstBank Boosts SMEs With N500,000

FirstBank of Nigeria on Sunday announced a N500,000 business grant to five Small and Medium Enterprises (SMEs), through its SMEConnect initiative aimed at boosting employment. Group Head, Retail Banking, Lagos Mainland 1, FirstBank, Mrs Oludolapo Adigun,  li...
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Investors Lose N148b As ABC Transport Top Gainers’ Table

Investors Lose N148b As ABC Transport Top Gainers’ Table

The Nigerian Exchange (NGX) market capitalisation dropped further by N148 billion, extending bearish run to two consecutive trading sessions.  Specifically, the market capitalisation which opened at N20.487 trillion shed N148 billion or 0.72 per cent to c...
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Eternal, ABC Transport, Others Lift Market Capitalisation With N25b

Eternal, ABC Transport, Others Lift Market Capitalisation With N25b

Transactions resumed on the Nigerian Exchange (NGX) on Friday after the public holdiays to mark the Eid-el-Fitr celebration with a growth of N25 billion.  Speficially, the market capitalisation rose by N25 billion or 0.12 per cent to close at N20.552...
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NGX Market Capitalisation Loses N39b As Mobil Oil Delists

NGX Market Capitalisation Loses N39b As Mobil Oil Delists

Trading on the Nigerian Exchange (NGX) Ltd. closed mixed on Friday with the market capitalisation dropping by N39 billion while the index rose by 0.21 per cent.  Specifically, the market capitalisation which opened at N20.470 trillion lost N39 billion or....
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NGX Market Capitalisation Increases By N124b

NGX Market Capitalisation Increases By N124b

Trading on the Nigeria Exchange Ltd ended on a positive note on Friday with the market capitalisation appreciating by N124 billion due to gains in some blue chips.  The market capitalisation increased 0.61 per cent to N20.310 trillion, from N20.186...
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