Monthly Archives: February 2022

Union Bank has announced an Extra-Ordinary General Meeting to conclude proposed divestment from its subsidiary, Union Bank UK Plc. According to the notice by the bank to the Nigerian Exchange, the following special resolutions are to be considered at the Extra-Ordinary General Meeting: To consider and approve the proposed divestment of the Company’s entire shareholding (direct and […]

Opportunities in dividend paying stocks Audited reports of quoted companies have started hitting the market. In a matter of weeks, we are going to see more audited reports with dividend declarations. At that, we should expect positive vibration in the market as smart investors will start taking position in order to benefit from the dividend payout of[…]

The Nigerian Exchange last week closed lower by 0.13%, occasioned by profit taking in Airtel Africa, Dangote Cement and 36 other equities. The All Share Index declined by 0.13% week on week to close at 47,140.48 points from the previous close of 47,202.30 points. The Market Capitalisation declined by 0.12% week on week to close at N25.406[…]