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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Investors Stake N1.75b On Zenith Bank, FBN Holdings, Nigeria Breweries, Others

Investors Stake N1.75b On Zenith Bank, FBN Holdings, Nigeria Breweries, Others

The Nigerian Stock Exchange (NSE) on Friday moved 158.62 million shares worth N1.75 billion exchanged in 3,194 deals.   This was in contrast with 179.55 million shares valued at N2.53 billion achieved in 3,055 deals on Thursday.   An analysis...
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MTN Nigeria Lifts Market Indices Further By 0.38 Per Cent

MTN Nigeria Lifts Market Indices Further By 0.38 Per Cent

Transactions maintained upward trend on Thursday with the market indicators appreciating further by 0.38 per cent, amid MTN Nigeria gains.   Specifically, the All- Share Index rose by 95.49 points or 0.38 per cent to close at 25,236.97 compared with...
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