NGX All-Share Index Hits 72,000 Mark

NGX All-Share Index Hits 72,000 Mark

The All-Share Index (ASI) of Nigerian Exchange (NGX), on Wednesday, crossed the 72,000 mark, increasing to 72,299.79 points.. The figure represents an increase of 392.53 points, representing a 0.55 percent when compared with 71,907.26 recorded at the previous session. Also,...
read more
FG, States, LGCs Share N1.1tri For August

FG, States, LGCs Share N1.1tri For August

THE Federation Account Allocation Committee (FAAC) has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils (LGCs) for August. This is contained in a communiqué issued by the FAAC at its September meeting. The...
read more
FG, States Share N966b For July

FG, States Share N966b For July

For the Month of July 2023, the Federation Account Allocation Committee (FAAC), has shared N966.110 billion revenue to the Federal Government, States and Local Government Councils (LGCs). The amount is higher than the N907. 054 billion shared in June, out...
read more
FG, States, LGs Share N696.9b

FG, States, LGs Share N696.9b

The Federation Accounts Allocation Committee (FAAC) has shared N696.965 billion as federation allocation for August.  This is contained in a statement issued on Thursday by Mr Oshundun Olajide, Deputy Director (Information), Ministry of Finance, Budget an...
read more
FG, States, LGs Share N760.7b For July

FG, States, LGs Share N760.7b For July

The Federation Accounts Allocation Committee (FAAC) has shared N760.717 billion as federation allocation for the month of July.  This is contained in a statement by Mr Oshundun Olajide, Deputy Director (Information), Ministry of Finance, Budget and N...
read more
FG, States, LGs Share N605.95b In May

FG, States, LGs Share N605.95b In May

The Federal Accounts Allocation Committee (FAAC) on Wednesday disclosed that it shared a total of N605.958 billion as May 2021 revenue to the Federal, States and Local Governments as well as other relevant agencies.  Mr Charles Nwodo, Director, Informatio...
read more
Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b

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...
read more
Oando Rallies On NSE, Lifts Market Indices By 0.14%

Oando Rallies On NSE, Lifts Market Indices By 0.14%

Activities on the Nigerian stock market sustained the upward trend on Wednesday with a gain of 0.14 per cent on bargain hunting in Oando and 21 others.  Specifically, the All-Share Index improved further by 56.44 points or 0.14 per cent...
read more
Nigerian Breweries Sets Aside N5.5b For 2020 Dividend

Nigerian Breweries Sets Aside N5.5b For 2020 Dividend

For the financial year ended December 31, 2020, Nigerian Breweries Plc has declared a revenue of N337.01 billion, representing an increase of 4.3 per cent when compared to N323 billion recorded in the corresponding period of 2019.  In a statement...
read more
FG, States, LGAs Share N640.3b

FG, States, LGAs Share N640.3b

The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information, Ministry of Finance, Budget and National Planning, said this was made known in a communiq...
read more
FG, States, LGCs Share N604b For October

FG, States, LGCs Share N604b For October

The Permanent Secretary, Ministry of Finance, Budget and National Planning, Mr Aliyu Ahmed, on Wednesday said the three tiers of government shared N604.004 billion as federation allocation for October. Ahmed said this in a statement issued by Mr Hassan Do...
read more
Investors stake N3.89b On UACN, FBN Holdings, Others

Investors stake N3.89b On UACN, FBN Holdings, Others

      The volume of shares traded on the Nigerian Stock Exchange (NSE) on Wednesday improved by 148.13 per cent with an exchange of 383.29 million shares worth N3.89 billion in 3,860 deals. This was in contrast with a...
read more
FG, States, Councils Share N635.826b

FG, States, Councils Share N635.826b

The Federation Account Allocation Committee (FAAC), on Wednesday in Abuja at its meeting, shared to the Federal Government, States and Local Government Councils a sum total of N635.826 billion as federal allocation for the month of November 2019. This amount,....
read more
FG, States, LGs Share N702.058b

FG, States, LGs Share N702.058b

The Federation Accounts Allocation Committee (FAAC) on Wednesday shared a total of N702.058 billion to the three tiers of government for the month of October. This was announced in a communique read by Accountant General of the Federation, Mr Ahmed...
read more