The Nigerian stock market on Tuesday closed on a bearish note, occasioned by profit taking in MTN and 36 other stocks. The All Share Index declined by 1.86% to close at 50,442.37 points from the previous close of 51,400.53 points. The Market Capitalisation declined by 1.86% to close at N27.202 trillion from the previous close of N27.718 […]
First City Monument Bank (FCMB) on Monday published its half year report for the period ended 30 June 2022. The report shows year on year growth in the Group’s topline and bottom line figures. Gross Earnings of N126.22 billion was reported for the 6 months period, up by 33.96% from N94.23 billion reported the previous year. Profit[…]
BUA Cement has notified the Nigerian Exchange and investing public that it is contemplating to raise capital for capacity expansion. According to a notification available on the website of the Nigerian Exchange, the Company said it has gone into discussion with the International Finance Corporation (IFC), serving as lead arranger in conjunction with a number of other[…]