The Nigerian stock market last week closed on a bearish note, occasioned by profit taking in SEPLAT, MTN Nigeria and other 40 stocks. The All Share Index and Market capitalization declined by 1.16% to settle at 44,269.18 points and N24.112 trillion respectively. Year to date, the market has returned 3.63%. An aggregate of 1.4 billion units of […]
The Nigerian equity market on Friday closed bullish as the All Share Index rose by 0.07% to settle at 44,269.18 points from the previous close of 44,236.70 points. Investors’ wealth climbed by N17 billion as The Market Capitalisation was up by 0.07% to close at N24.112 trillion from the previous close of N24.095 trillion. An aggregate of[…]
Stanbic IBTC Holdings Plc in the Third Quarter of 2022 achieved year on year growth in its revenue and profit after tax. Gross Earnings of N208.26 billion was achieved for the 9 months period, up by 41.20% from N147.496 billion achieved the previous year. Profit after tax grew year on year by 38.14% to N55.185 billion from[…]