03

Jun

Market extends decline, closes 0.30% lower

The Nigerian Stock Market on Thursday extends bearish sessions as the All Share Index declined by 0.30% to close at 52,815.78 points from the previous close of 52.974.15 points on Wednesday. Market Capitalisation was down by 0.30% to close at N28.474 trillion against Wednesday’s close of N28.559 trillion, shedding N85 billion. The aggregate volume and value of […]

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02

Jun

NGX urges public, private sector to implement initiatives against climate change

Given Nigeria’s ambitious climate goals to reduce greenhouse gas emissions by 47% by 2030, conditional on international support, the Chief Executive Officer of Nigerian Exchange Regulation Limited, Ms. Tinuade Awe, has urged all critical stakeholders to prioritize implementing initiatives that positively benefit the environment and combat climate change. Awe stated this during the Financial Reporting Council of[…]

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02

Jun

UAC concludes maiden N18.7bn Commercial Paper issuance

UAC of Nigeria Plc haas announced the successful completion of its ₦18.7 billion Series 1 and 2 Commercial Paper issuance (CP Issuance), the debut issuance under its recently established ₦45 billion Commercial Paper Programme. UAC’s CP Issuance was very well received and attracted significant demand from a wide range of investors including pension fund administrators, asset managers,[…]

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