NGX All-Share Index Crosses 70,000 Mark  

NGX All-Share Index Crosses 70,000 Mark  

Transactions on the Nigerian Exchange (NGX) closed trading on Wednesday, November 1st, 2023, in the positive territory as the All-Share Index appreciated by 1.94% to cross 70,000 index points.   The equities market gained 1.94% as the market capitalization appreciated by...
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Presco’s Shareholders Get N8.6b Dividend For 2022

Presco’s Shareholders Get N8.6b Dividend For 2022

  By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The Company had paid an interim dividend of 200kobo pe...
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NGX Group To Pay Interim Dividend On Thursday

NGX Group To Pay Interim Dividend On Thursday

Nigerian Exchange Group Plc is expected to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each on Thursday, 31 August 2023. This comes subsequent to an emergency board meeting convened by the Group...
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SEC Seals Offices of Stockmatch

SEC Seals Offices of Stockmatch

As part of measures to ensure unregistered entities are not allowed to engage in capital market functions, the Securities and Exchange Commission (SEC), on Tuesday, sealed the premises of Stockmatch Investments Ltd in Maiduguri, Borno State for allegedly engag...
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NGX Market Capitalisation Up By N1.8trillion In July

NGX Market Capitalisation Up By N1.8trillion In July

Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by insider dealings among...
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CSCS: FMDQ Acquires 21.6% Equity With 1,080,641,902 Units Of Shares

CSCS: FMDQ Acquires 21.6% Equity With 1,080,641,902 Units Of Shares

FMDQ Holdings Plc is now a shareholder of Central Securities Clearing System Plc (CSCS) with a 21.6 per cent equity stake. CSCS Company Secretary/General Counsel, Charles I. Ojo, who confirmed the development in a statement on Saturday expl...
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Ardova Shareholders Okay Transfer Of Shares At N17.88 Per Share

Ardova Shareholders Okay Transfer Of Shares At N17.88 Per Share

The shareholders of Ardova Plc, at a Court Ordered Meeting held in Lagos, on Wednesday, 31 May, 2023, approved the Scheme of Arrangement for the holders of its fully paid ordinary shares of 50 kobo each, subject to the approval...
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NGX RegCo, ISSB, FRCN To Host Webinar On Sustainability Disclosure Standards

NGX RegCo, ISSB, FRCN To Host Webinar On Sustainability Disclosure Standards

NGX Regulation Limited (NGX RegCo), in collaboration with the International Sustainability Standards Board (ISSB) and Financial Reporting Council (FRC) of Nigeria, is set to host a 3-day workshop/webinar on sustainability disclosure standards for companies as ...
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Okomu Oil Shareholders Okay N21 Final Dividend For 2022

Okomu Oil Shareholders Okay N21 Final Dividend For 2022

By Moses Ebosele, ebosele@hotmail.com  Shareholders of Okomu Oil Palm Company Plc have approved final dividend of N12 per share for the year ended December 31, 2022.  This in addition to the N9 paid as interim dividend amounts to a total of...
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FG, States, LGs Share N714.629b For March

FG, States, LGs Share N714.629b For March

The Federation Account Allocation Committee (FAAC) shared N714.629 billion to the three tiers of government in Abuja on Wednesday as federation allocation for the month of March. This is contained in a communiqué issued at the end of the FAAC...
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Dangote Cement Secures SEC Approval For New Share Buy-Back

Dangote Cement Secures SEC Approval For New Share Buy-Back

Dangote Cement has received approval of the Securities and Exchange Commission (SEC) for the establishment of a new share buy-back programme.  The company said in a Corporate Disclosure to the Nigerian Exchange Ltd. (NGX) on Wednesday that the programme w...
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FG, States, LGCs share N736.782bn for October 

FG, States, LGCs share N736.782bn for October 

The Federation Account Allocation Committee (FAAC) has shared N736.782 billion to the three tiers of government as Federation Allocation for the month of October.  This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, Director (Information/P...
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FG To Distribute 12,000 Metric Tonnes Of Grains

FG To Distribute 12,000 Metric Tonnes Of Grains

The Federal Government has concluded arrangements to distribute 12,000 metric tonnes of assorted grains to vulnerable Nigerians.  The Director-General, National Emergency Management Agency (NEMA), Mr Mustapha Habib announced this during a visit to Governo...
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FG, States, LGCs Share N673.137b For August

FG, States, LGCs Share N673.137b For August

The Federation Account Allocation Committee (FAAC), has shared N673.137 billion with the three tiers of government as federation allocation for August.  This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, the Director (Information/Press) o...
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