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After days of sustained bearish trading, the Nigerian exchange recorded a 0.05 per cent increase in the All-Share Index as investors gained N26bn. The local bourse has been on a ...
The bearish trading pattern maintained its grip on the Nigerian exchange on Wednesday resulting in a N673bn deduction from the wealth of investors. During the midweek trading, the All-Share Index ...
The shareholders of International Breweries have approved a loan of $379.9m from its majority shareholder, AB InBev Nigeria Holdings BV, to enable the company to repay a loan obtained from ...
Guaranty Trust Holding Company (GTCO) Plc has announced a total dividend payout of N94.180 billion for the financial year ending December 2023, translating to N3.20 per share held by shareholders. ...
According to the letter obtained by Nairametrics, Dr Adesola Adeduntan has tendered his resignation as the Managing Director of First Bank Ltd., effective April 20th, 2024. Multiple media reports and ...
The Extraordinary General Meeting called by FBN Holdings to seek shareholders’ approval to raise N300bn has been canceled. A notice on Friday filed with the Nigerian Exchange Limited said the ...
Access Holdings, the parent company of Nigeria’s largest bank, Access Bank, has said that it will be going fully digital for its N365bn rights issue. In a notice filed with ...
The Nigerian Exchange Group has said that it will be adopting technology to drive the capital-raising efforts of financial companies who are racing to meet the new capital requirements of ...
As of December 31, 2023, the unclaimed dividend of shareholders of Dangote Cement Plc has surged to N4.7 billion, as revealed in the company's 2023 audited annual report obtained by ...
The weakening of the naira resulted in a combined foreign exchange loss of N8.31bn for four pharmaceutical firms listed on the Nigerian Stock Exchange in 2023. The 2023 financial statements of ...