Following their weak corporate earnings, investors have shunned listed companies on the Nigerian Exchange Limited’s Alternative Securities Market Board. A total of four companies comprising Capital Oil Plc, Rak Unity …
NIGERIAN EXCHANGE LIMITED
-
BusinessEconomyFinance & ServicesNigeriaOil & Gas
-
AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
Lagos Free Zone N25bn infrastructure bond launches on Nigerian exchange
The Lagos Free Zone (LFZ) N25 billion series 2 bonds, which is Nigeria’s first 20-year corporate infrastructure bond, have been launched on the Nigerian Exchange Limited (NGX) market. LFZ is the infrastructure development …
-
AfricaAFRICA NEWSBusinessNewsNigeriaWestern Africa
NGX approves international breweries’ free float extension
The Nigerian Exchange Limited (NGX) has approved International Breweries’ free float compliance extension request of two (2) years ending 30 July 2024. This was contained in a disclosure on approval of …
-
AfricaAFRICA NEWSBusinessNewsNigeriaWestern Africa
SEC, Nigeria approves new window for fixed income securities
The Securities and Exchange Commission (SEC) has approved the Nigerian Exchange Limited (NGX)’s guidelines on Trade Execution via the exchange’s On-Manual Negotiated Deal Window for fixed income (FI) securities. The FI …
-
AfricaBusinessNewsNigeriaWestern Africa
Investors gain N81bn as Nigeria equity market closes positive
Trading activities at the Nigeria equity market closed on positive posture, as investors raked in N81.01 billion gain on Friday. Similarly, the gain made the market capitalisation to close at …
-
AfricaHospitality, Travel & TourismNewsNigeriaOil & GasWestern Africa
Transcorp posts 85% Growth In Profit
Transnational Corporation Plc (Transcorp) has released its half-year results for the year ended June 30th, 2022, posting 85 per cent profit after tax as revenue for the year grew. The …
-
The Nigerian Exchange Limited (NGX) has lifted the trading suspension placed on trading the shares of C & I Leasing Plc for failing to file its financial results for 2021, …
-
Flour Mills Nigeria PLC will reward shareholders with a dividend payout of N8.82 billion, translating to N2.15 per share for the financial year 2021, the firm said in a notice …