Shares Archives — Page 2 of 5 — City Business News

March 9, 2023 No Responses

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 would...

November 24, 2022 No Responses

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...

September 28, 2022 No Responses

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...

September 24, 2022 No Responses

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...

August 9, 2022 No Responses

Status Quo Remains In Share Sale By ExxonMobil To Seplat Energy, Says NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) jas affirmed that the status quo remains with respect to ExxonMobil/Seplat Energy share acquisition. Mr Gbenga Komolafe, Commission Chief Executive (CCE), NUPRC made this known in a statement on M...

June 2, 2022 No Responses

Seplat Awards N5b Shares To Three Directors

Seplat Energy Plc has announced that share awards have been granted to three top directors under its 2014 Long Term Incentive Plan (LTIP). The beneficiaries include Mr Roger Brown, Chief Executive Officer, who was awarded 1,733,345 shares; and Mr Emeka.....

May 18, 2022 No Responses

Sylva Lauds Seplat On Exxon Mobil Shares Acquisition

Minister of State, Petroleum Resources, Chief Timipre Sylva has commended Seplat Energy Plc on its recent acquisition of the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil Corporation, Delaware, United States of America.&...

April 28, 2022 No Responses

FG, States, LGCs, share N725.571bn for March

The Federation Accounts Allocation Committee (FAAC), has shared the sum of N725.571 billion to the three tiers of government, as federation allocation for the month of March. A statement issued by Mr Phil Abiawute-Mowete, Director, Information/Press, Fed...

March 23, 2022 No Responses

FG, States, LGs Share N695b For February

The Federation Accounts Allocation Committee (FAAC), has shared a total sum of N695.033 billion to the three tiers of government as federation allocation for February. Mr Olajide Oshundun, the Deputy Director, Information, Federal Ministry of Finan...

January 22, 2022 No Responses

FG, States, LGCs Share N699.8b

The Federal Government, States and Local Government Councils (LGCs), on Friday, shared N699.824 billion as federation allocation for December, 2021. A statement issued by Mr Oshundun Olajide, Acting Director, Information, Ministry of Finance, Budget and ...

January 21, 2022 No Responses

DMO’s Bond Auction Records N300b Over Subscription

The Debt Management Office (DMO) has revealed that the just concluded Federal Government of Nigeria (FGN) bond auction for January was oversubscribed. In a statement on Thursday, DMO explained that the auction received a total of 160 bids, adding that...

January 14, 2022 No Responses

Opinion: Nigerian Shares Steady But Dollar Sinks As Investors Digest Inflation Data

By Lukman Otunuga, Senior Research Analyst at FXTM — Nigerian shares hovered around 2021 highs on Thursday, gaining over 4.4% year-to-datedespite the December U.S. inflation report reinforcing Fed rate hike expectations. The U.S. consumer price index (CP...

January 6, 2022 No Responses

BUA Foods Lists 18b Shares On NGX

BUA Foods has listed 18 billion ordinary shares at N40 per share on the Nigerian Exchange Ltd (NGX). At the end of Wednesday transaction, the listing of BUA Foods’ shares by introduction under the Consumer Goods sector of the NGX added...

October 8, 2021 No Responses

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 ...