Tag: Shares

FG, States, LGs Shared ₦1.5trillion
April 16, 2025 No Responses

FG, States, LGs Shared ₦1.5trillion

For the Month of March 2025, the Federation Account Allocation Committee (FAAC) has shared ₦1.578 trillion among the Federal Government, states and local governments. A communique made available by the Director, Press and Public Relations, Office of the Accountant-General of...
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CSCS Proposes N1.76 Dividend For 2024
April 15, 2025 No Responses

CSCS Proposes N1.76 Dividend For 2024

Central Securities Clearing System (CSCS) Plc has released its audited consolidated and separate financial statements for the year ended December 31, 2024, delivering double-digit growth in revenue and profitability.Total revenue increased by 37% to N26.1 bill...
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NNPCL Set For Initial Public Offer
March 27, 2025 No Responses

NNPCL Set For Initial Public Offer

The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PIA) 2021.This was disclosed by the Company’s Chief Finance and...
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SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars
March 16, 2025 No Responses

SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars

The Securities and Exchange Commission (SEC) has announced the Cancellation of the Registration of Mainland Trust Limited and the suspension of Centurion Registrars.The Commission in separate circulars issued at the weekend said the sanctions were imposed foll...
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United Capital Investors Get N2.40K Total Dividend For 2024
March 6, 2025 No Responses

United Capital Investors Get N2.40K Total Dividend For 2024

For the year 2024, United Capital Plc (UCAP) attained Profit After Tax (PAT) of N24.10billion, compared to N11.42 billion recorded in 2023, representing 111.03 per cent increase.Building on a decade of consistent dividend payments, United Capital achieved a si...
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Uzoka-Anite Canvasses More Women Participation In Capital Market
March 3, 2025 No Responses

Uzoka-Anite Canvasses More Women Participation In Capital Market

As the world marks International Women’s Day, Nigerian women have been encouraged to explore investment opportunities in the capital market as a pathway to wealth creation.The Minister of State for Finance, Dr. Doris Uzoka-Anite, made this call during the of...
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United Capital Infrastructure Fund Disburses N1.98b Dividends
March 1, 2025 No Responses

United Capital Infrastructure Fund Disburses N1.98b Dividends

Photo Caption: L-R:Sunny Anene, Deputy Group CEO, United Capital Group;Peter Ashade, Group CEO, United Capital Group;Dr. Odiri Oginni, MD/CEO, United Capital Asset Management;Uchenna Mkparu, Chief Investment Officer/Infrastructure Fund Manager, United Capital ...
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FG, States, LGAs Share ₦1.424tri
January 18, 2025 No Responses

FG, States, LGAs Share ₦1.424tri

A total sum of N 1.424 trillion, being December 2024 Federation Account Revenue, has been shared to the Federal Government, States and Local Government Councils. The revenue was shared at the January 2025 Federation Account Allocation Committee (FAAC) meeting ...
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SEC To Intensify Crackdown On Ponzi Schemes In 2025
January 5, 2025 No Responses

SEC To Intensify Crackdown On Ponzi Schemes In 2025

The Securities and Exchange Commission (SEC) has emphasised that protecting investors remains a cornerstone of its mission, assuring that the Commission will intensify efforts to stamp out Ponzi and pyramid schemes while paving the way for legitimate investmen...
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SEC Nigeria Rolls Out Enlightenment Campaign
December 15, 2024 No Responses

SEC Nigeria Rolls Out Enlightenment Campaign

To ensure more Nigerians are attracted to the capital market, the Securities and Exchange Commission (SEC)has rolled out an enlightenment initiative tagged #investnigeria.Speaking at the official rollout at the weekend, Director General of the SEC, Dr. Emomoti...
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FG, States, LGAs Share N1.289tri
October 18, 2024 No Responses

FG, States, LGAs Share N1.289tri

The Federation Account Allocation Committee (FAAC), at its October 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.298 Trillion to the three tiers of government as...
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FG, States, LGAs Share N1.2Trillion April Revenue
May 17, 2024 No Responses

FG, States, LGAs Share N1.2Trillion April Revenue

A total sum of N1.2trillion April 2024 Federation Account Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue was shared at the May 2024 meeting of the Federation Accounts Allocation Committee...
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NGX Extends Gain By N244b
January 13, 2024 No Responses

NGX Extends Gain By N244b

Positive sentiments persisted on the Nigerian Exchange Ltd., (NGX) on Friday with the All-Share Index extending growth by 0.54 per cent. Specifically, the All-Share Index improved further by 445.56 points points or 0.54 per cent to close at 83,042.96, against....
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NGX All-Share Index Drops By 1.4%, Investors Lose N638b
January 11, 2024 No Responses

NGX All-Share Index Drops By 1.4%, Investors Lose N638b

The Nigerian Exchange closed trading on Wednesday on a negative note, due to price depreciation posted by Tier-one bank stocks and some others. Consequently, the All-Share Index declined by 1,167.46 or 1.4 per cent to close at 82,024.28, as against...
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