BUA Foods Lists 18b Shares On NGX

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...
read more
FBN Drives Trading On NGX, Exchanges 605.01m Shares

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 ...
read more
NGX Group To List 1.96b Shares By Introduction

NGX Group To List 1.96b Shares By Introduction

The Nigerian Exchange Group Plc. (NGX Group) on Thursday confirmed its intention to list on the main board of the Nigerian Exchange Ltd. (NGX).  A statement sent to City Business News explained that the planned listing follows successful completion of...
read more
TotalEnergies To Buy Back $1.5b Shares

TotalEnergies To Buy Back $1.5b Shares

The management of French energy firm,   TotalEnergies, on Tuesday, disclosed plans to buy back $1.5 billion of its shares in the fourth quarter and boost its investment in renewable energy with the help of high oil prices.   “TotalEnergies is c...
read more
Half-Year: Seplat Posts $308.8 m Revenue, Declares 2.5 Cents Per Share Interim Dividend

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...
read more
Elon Musk Loses $15b In A Day

Elon Musk Loses $15b In A Day

Elon Musk is no longer the world’s richest person after Tesla Inc. shares slid 8.6 per cent on Monday, wiping $15.2 billion from his net worth.Tesla’s decline was fueled in part by Musk’s comments over the weekend that the prices of B...
read more
Conoil Shareholders Okay N1.39b For 2019 Dividend

Conoil Shareholders Okay N1.39b For 2019 Dividend

For the year 2019, Shareholders of Conoil Plc have approved the payment of N1.39 billion dividend, amounting to 200 kobo on every 50 kobo ordinary share. The Shareholders gave the approval during the virtual 50th Annual General Meeting (AGM)&nbs...
read more
FG, States, LGs Share N639.9b For September

FG, States, LGs Share N639.9b For September

For the Month of September, 2020, the Federal Government, States and Local Government councils have shared N639.901 billion, Mr Aliyu Ahmed, Permanent Secretary, Ministry of Finance, Budget and National Planning, has said. Director of Information in the minist...
read more
Market Capitalisation Sustains Growth By N67b

Market Capitalisation Sustains Growth By N67b

The Nigerian Stock Exchange (NSE) key market indicators on Wednesday sustained positive rally, appreciating by 0.50 per cent due to monetary policy rate cut to 11.5 per cent. Speficially, the market capitalisation rose by N67 billion to close at N13.474...
read more
Market Capitalisation Recovers N50b

Market Capitalisation Recovers N50b

The key market indicators of the nation’s bourse recorded first week gain on Thursday, rebounding by 0.38 per cent on renewed bargain hunting.   Specifically, the All-Share Index improved by 96.06 per cent or 0.38 per cent to close at...
read more
Market Capitalisation Sustains Growth With N24b

Market Capitalisation Sustains Growth With N24b

The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further by 0.18 per cent due to sustained bargain hunting.   Consequently, the NSE All-Share Index rose by 46.05 points or 0.18 per cent to close at 25,460.00 compared...
read more
NSE Resumes September Trading With N46b Growth

NSE Resumes September Trading With N46b Growth

The Nigerian Stock Exchange (NSE) on Tuesday sustained positive trend to open trading for the month of September with a growth of N46 billion. Specifically, the market capitalisation which opened the month at N13.212 trillion appreciated by N46 billion to...
read more
Market Capitalisation Recovers N2b As Volume Drop By 45.46 Per Cent

Market Capitalisation Recovers N2b As Volume Drop By 45.46 Per Cent

The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 45.46 per cent. However, the market capitalisation rose by two billion naira or 0.02 per cent to close at N13.203 trillion against N13.201 trillion recorded...
read more
Market Capitalisation Sustain Growth By N20b

Market Capitalisation Sustain Growth By N20b

The bulls continued to dominate trading on the Nigerian Stock Exchange (NSE) on Wednesday with the key market indices improving further by 0.15 per cent.   Specifically, the NSE All-Share Index which opened at 25,291.73 inched higher by 38.37 points...
read more