NGX
14 hours ago
Trading activities on the floor of Nigerian Exchange Limited (NGX) halted gains to close on a downturn yesterday, causing market capitalisation to decline by N35 billion.
2 days ago
The Federal Government has called on oil and gas operators to create ingenious ways of raising capital to expand their investment and tackle myriads of problems facing the sector, especially leveraging the nation's capital market.
3 days ago
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) reopened on a downturn yesterday, as market capitalisation depreciated by N304 billion, amid losses in banks stocks.
10 Apr
United Bank for Africa (UBA) Plc has released its audited financial results for the full year ending December 31, 2023, showing exceptional and impressive performance across all major performance indicators.
10 Apr
Leading investment bank and pan-African financial services group, United Capital Plc, maintains its upward trajectory, achieving an impressive 71% year-on-year increase in gross earnings to N45.90 billion. This remarkable achievement was recordedin its recently released Audited Financial Statements for the fiscal year ended December 31, 2023. Amidst economic fluctuations, United Capital Plc has demonstrated resilience…
6 Apr
Nigerian Breweries Plc, has commenced the implementation of its strategic Business Recovery Plan aimed at securing a resilient and sustainable future for its shareholders and other stakeholder. In view of this, the company has by notified the Nigerian Exchange Limited (NGX) of its intention to raise capital of up to ₦600 billion (six hundred billion…
5 Apr
Negative sentiment persisted on the equities sector of the Nigerian Exchange Limited (NGX) as the all-share index (ASI) dipped further by 0.4 per cent.
At the close of transactions yesterday, the ASI depreciated by 0.4 per cent
4 Apr
The Nigerian Exchange Limited (NGX) sustained a sliding profile at the end of yesterday’s transactions amid losses in many blue-chip stocks, especially FBN Holdings (FBNH) and Access Bank, causing market capitalisation to dip further by N191 billion.
1 Apr
High transactions in the shares of three banks – Guaranty Trust Holding Company Plc, Zenith Bank Plc and Access Holdings Plc – lifted the volume of shares traded last week, as the turnover of 1.8 billion shares worth N52 billion was recorded.
25 Mar
Nigerian banks have always sought opportunities for offshore expansion to boost their revenue and attract investment. Lately, though, the drive for global opportunities to hedge domestic risks has intensified. In 2023, three foremost banks, as part of their expansionary initiatives, took bold steps that are expected to unlock value for them in the international market.
15 Mar
The Nigerian Exchange Limited (NGX) sustained gains yesterday, as the all share index (ASI) appreciated further by 0.05 per cent. At the close of transactions yesterday, market capitalisation of listed equities.
14 Mar
EcoBank TransNational Incorporated (ETI) and Julius Berger traded higher at the end of yesterday’s transactions on the equities sector of the Nigerian Exchange Limited (NGX).
Latest
1 hour ago
Akwa Ibom State Government has indicated readiness to commence aggressive desilting of gutters and flood channels across the state.
1 hour ago
The Delta State Police Command has urged Point-of-Sale (POS) operators to be cautious when handling large cash transactions, particularly those involving armed individuals. It noted that customers requesting large cash transactions should be accompanied by a video by the POS operator. Police spokesperson, SP Bright Edafe, stated on Friday in a post on X, noting…
2 hours ago
Lagos State government on Friday said it has apprehended 10 fake enforcement officials around the Cele/Itire axis of the Apapa-Oshodi Expressway of the state. The apprehended persons; Ojo Oluwaseun, Rafiu Agbabiaka, Babatunde Ibrahim, Abiodun Olusegun, Daniel Olanrewaju, Aweda Kabiru, Olufowobi Michael, Olamilekan Olasupo, Bunmi James and Iyiola Shola(female) were caught carrying out unauthorised enforcement using…
2 hours ago
Mikel Arteta has urged Arsenal to prove they have the mental strength to bounce back from a painful spell that wrecked their Champions League challenge and dented their Premier League title bid.
2 hours ago
The WHO announced Friday it had approved a new, simpler version of an existing oral cholera vaccine, which should help increase the number of available doses as global cases surge.
2 hours ago
The Registrar, Joint Admission and Matriculation Board (JAMB), Prof. Is-haq Oloyede has monitored the ongoing Unified Tertiary Matriculation Examination (UTME) exercise in Abuja. Prof. Oloyede who monitored the exercise at the Kogo Computer Based Tests (CBT) Centre in Bwari Area Council of Abuja, expressed satisfaction with the process. He reiterated the examination body's earlier order…
2 hours ago
The Corporate Affairs Commission (CAC) has warned newly-registered companies against paying certain fees to obtain tax identification number (TIN) amongst others. The management of CAC gave this warning in a statement on its X handle on Friday. CAC said it noticed email messages sent to directors of newly-registered companies. READ ALSO: CAC targets registration of…
2 hours ago
Ukraine's President Volodymyr Zelensky said Friday that NATO must choose whether it really is an ally of Ukraine by accelerating weapons supplies to help his struggling forces.