Tag: NGX

NGX Market Indices Extend Gain By 0.12%
October 7, 2021 No Responses

NGX Market Indices Extend Gain By 0.12%

Activities on the domestic equities market closed Wednesday on a positive note, extending the gaining streak to five consecutive trading sessions.  The positive outcome was buoyed by investors’ buy-interests in banking and industrial sectors, with market indices increasing further by...
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NGX Doubles Down On Goal For Financial Inclusion, Empowering Individual Investors
October 1, 2021 No Responses

NGX Doubles Down On Goal For Financial Inclusion, Empowering Individual Investors

By Olumide Bolumole, Divisional Head, Listings Business, Nigerian Exchange Limited  — Nigeria, a country with an adult population of 106 million, offers a vast market for financial services. Despite this it faces the expectation of a 16.8% shortfall i...
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NGX Group Commemorates 60th Anniversary
August 25, 2021 No Responses

NGX Group Commemorates 60th Anniversary

The Nigerian Exchange Group (NGX Group) Plc on Tuesday celebrated 60 years of its operations.  The NGX Group Chairman, Otunba Abimbola Ogunbanjo, in a statement, paid tribute to the original subscribers to the articles of association.  He named them as;....
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Airtel Africa, Unity Bank Top Gainers’ Chart As NGX Gains N318b
August 11, 2021 No Responses

Airtel Africa, Unity Bank Top Gainers’ Chart As NGX Gains N318b

The Nigerian Exchange (NGX) on Tuesday gained N317billion due to buying investors interest in 21 stocks.   At the end of the day’s transactions, the market capitalisation rose by N317 billion to close at N20.411 trillion against N20.094 trillion re...
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Onyema: Demutualisation Will Reduce Conflict Of Interests
August 7, 2021 No Responses

Onyema: Demutualisation Will Reduce Conflict Of Interests

The Group Chief Executive Officer, Nigeria Exchange Group Plc, Mr Oscar Onyema, has said demutualisation will reduce conflict of interests in the shareholder-owned entity and support agile decision-making.  Onyema said this at the Association of Capital M...
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Dangote Cement Declares N191.6b Profit In Six Months
August 2, 2021 No Responses

Dangote Cement Declares N191.6b Profit In Six Months

The Dangote Cement, has posted a Profit After Tax (PAT) of N191.6 billion, after a tax charge of N89.6 billion in its unaudited results for the half-year ending on June 30.  In a statement on Sunday, the Group Managing Director,  Mr...
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Half-Year: Seplat Posts $308.8 m Revenue, Declares 2.5 Cents Per Share Interim Dividend
August 2, 2021 No Responses

Half-Year: Seplat Posts $308.8 m Revenue, Declares 2.5 Cents Per Share Interim Dividend

Seplat Energy Plc recorded an impressive half year (H1) 2021 scorecard with profit before deferred tax (PBT) of $62.1million, representing an increase of 142.7percent as against H1’20. Highlights of the company’s financial further show that revenu...
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CBN To Refund N35m Capital Deposits To Bureaux de Change Applicants
July 30, 2021 No Responses

CBN To Refund N35m Capital Deposits To Bureaux de Change Applicants

The Central Bank of Nigeria (CBN) on Thursday says it will start immediate refund of capital deposit to Bureaux de Change (BDC) promoters with pending applications.  According to a circular signed by Ibrahim Tukur for the Director, Financial Policy and...
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NGX Group Engages Analysts Ahead of Planned Listing
July 8, 2021 No Responses

NGX Group Engages Analysts Ahead of Planned Listing

Ahead of its planned listing by introduction on Nigerian Exchange Limited, NGX Group held an analyst call on Wednesday, 7 July 2021, where the Management of the Group and its entities provided key insights into the setup of the new...
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Coronation MB Lists N25B Bond On NGX
July 2, 2021 No Responses

Coronation MB Lists N25B Bond On NGX

Coronation Merchant Bank Funding SPV Plc listed its Twenty-Five Billion Naira (N25Bn) Bond on Nigerian Exchange (NGX) Limited on Wednesday, 30 June 2021.  The 5-year 6.25% Series one (1) Fixed Rate Subordinated Unsecured Bonds due 2025 is under Coronation...
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Seplat, MTN Lift Trading On NGX By 0.15%
June 17, 2021 No Responses

Seplat, MTN Lift Trading On NGX By 0.15%

Trading activities on the Nigerian Exchange rebounded on Wednesday with a gain of 0.15 per cent due to interest inSeplat Plc and MTN Nigeria Communications (MTNN).  Specifically, the All-Share Index increased by 57.41points or 0.15 per cent to close ...
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Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b
June 16, 2021 No Responses

Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b

Transaction at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in large and medium capitalised stocks  Specifically, the market capitalisation, which opened at N20.409 trilli...
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MRS Oil, Vitafoam Top Gainers’ Table As Investors Earn N94b On NGX
June 1, 2021 No Responses

MRS Oil, Vitafoam Top Gainers’ Table As Investors Earn N94b On NGX

Transactions on the Nigerian Exchange (NGX) closed Monday upbeat with a N94 billion growth.  Specifically, the market capitalisation returned to the N20 trillion mark, increasing by N94 billion to close at N20.034 trillion from N19.940 trillion on Friday....
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Me Cure Industries Lists N3b Bond On NGX
May 23, 2021 No Responses

Me Cure Industries Lists N3b Bond On NGX

By citybusinessnews@yahoo.com — Me Cure Industries Limited commemorated the listing of its N3Billion bond with a digital Closing Gong Ceremony on Nigerian Exchange (NGX) Limited on Friday, 21 May 2021.  The debut listing was the ₦3 billion 5...
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