20

Apr

Market resumes from Easter break bullish, grows by 0.07%

The Nigerian stock market on Tuesday continues its bullish trend after two days of Easter break. The All Share Index grew by 0.07% to settle at 47,545.86 points from the previous close of 47,510.38 points. The Market Capitalisation appreciated by 0.07% to close at N25.632 trillion from the previous close of N25.613 trillion, thereby gaining N19 billion. […]

15

Apr

Nigerian Exchange launches West Africa’s first Exchange Traded Derivatives market

Nigerian Exchange Limited (NGX or the Exchange), the sustainable Exchange championing Africa’s growth, is pleased to announce the launch of West Africa’s first Exchange Traded Derivatives (ETD) Market with Equity Index Futures Contracts on 14 April, 2022. This is consistent with the Exchange’s commitment to develop the Nigerian capital market by providing a market that thrives on[…]

15

Apr

Living Trust Mortgage Bank reports N247m as profit in Q1 2022

Living Trust Mortgage Bank Plc on Thursday published its First Quarter report for the 3 months ended, March 31, 2021. The company reported a turnover of N502.66 million for the 3 months period, up by 99.63% from N251.79 million reported the previous year. Profit after tax grew year on year by 145.12% to N247.12 million from N100.82[…]