The Nigerian Exchange (NGX) has commended the Chairman, Geregu Power Plc, Mr Femi Otedola, CON, and the firm’s Board for instituting best practices in corporate governance and playing a leading role in the country’s power sector. This was at the Closing Gong Ceremony commemorating the first Annual General Meeting of Geregu as a listed company on the […]
Zenith Bank Plc has declared a final dividend to shareholders for the year ended 31, December 2022. The Financial Institution reported Gross Earnings of N945.554 billion for the 12 months period, up by 23.51% from N765.558 billion reported the previous year. Profit after tax of N223.91 billion was achieved for the 12 months period, down by 8.44%[…]
The Nigerian stock market on Tuesday declined further as 8 stocks and notably Dangote Cement shed 4.17% to close the day at N276 from N288, thereby driving the All Share Index down by 1.16% to close at 53,124.63 points from 53,750.77 points recorded last on Monday. The market capitalisation closed at N28.940 trillion, shedding 341 billion from[…]