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Monthly Archives: September 2022

Home 2022 September Page 15

13

Sep

Market closes flat amidst weight shed in 16 equities

  • Ruth Omoteso
  • Daily Market Closure

Transactions on the floor of the Nigerian stock market on Tuesday closed flat, following previous sessions of unclear market direction as the All Share Index closed at 49,627.72 points from the previous close of 49,625.71 points, indicating no significant change. The Market Capitalisation added just 1 billion to close at N26.768 trillion from the previous close of […]

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13

Sep

Fidelity Bank to issue 3.04bn ordinary shares to investors via private placement

  • Ruth Omoteso

Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that the Company has scheduled an Extra-ordinary General meeting to finalise discussions regarding the issue the 3,037,414,308 unissued Ordinary Shares of 50 kobo each in the share capital of the Company by way of Private Placement. In a notice signed by the Company Secretary, an[…]

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13

Sep

Agricultural sector can be a major player in resolving FOREX crisis- Oscar Onyema

  • Ruth Omoteso

The Group Managing Director of Nigerian Exchange Group Plc, Oscar Onyema, has said that the Agricultural sector can play a key role in generating the much-needed foreign exchange for the Nigerian economy. Onyema made this known at the 26th Annual Chartered Institute of Stockbrokers’ conference held in Benin City, the Edo State Capital. Delivering a special remark at the[…]

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