The stock market on Monday closed on a positive note with 0.07% growth. Year to date, the market has returned 6.08% with the All Share Index and Market Capitalisation at 54,364.67 points and N29.611 trillion respectively. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed: Excerpts: The market […]
MRS Oil Nigeria Plc on Monday published its Fourth Quarter report for the period ended 31 December 2022. The report shows significant growth in the Company’s topline and bottom line figures, year on year. Revenue of N100.212 billion was reported for the 12 months period, up by 39.23% from N71.976 billion reported the previous year. Profit after[…]
Royal Exchange Plc at its recent Extra-Ordinary General Meeting has passed a resolution to raise equity capital of N2,058,148,030 (Two Billion, Fifty Eight Million, One Hundred and Forty-Eight Thousand, Thirty Naira by Rights Issue. The Company will issue to existing shareholders 4,116,296,059 ordinary shares of 50 kobo each on the basis of four (4) new ordinary shares[…]