06
OctThe Nigerian stock market on Wednesday closed on a negative note as the All Share Index declined by 0.09%, closing at 48,836.70 points from the previous close of 48,879.74 points. Year-to-date, the market has returned 14.33% The Market Capitalisation grew by N227 billion, closing at N26.6 trillion from the previous close of N26.373 trillion. This is due to […]
06
OctFidelity Bank Plc has got the approval of its shareholders to issue its unissued ordinary shares by way of the private placement. This was approved at the Bank’s Extra-Ordinary General Meeting on Thursday, September 29, 2022. The Board of Directors of the Company has been authorised to issue, by way of Private Placement, the 3,037,414,308 unissued Ordinary Shares[…]
06
OctThe Nigerian National Petroleum Company (NNPC) Limited has declared a profit after tax of N674 billion for 2021 financial year. According to the Group Chief Executive Officer of NNPC, Mele Kyari, NNPC as a corporation grew its profit after tax from N287 billion in 2020 to N674 billion in 2021. This translates to 134.84% growth year on[…]
