Fidelity Trust Bank Plc has notified the Nigeria Exchange and the investing public that it intends to raise fresh fund via Rights Issue. In a notice of an Extra-Ordinary General Meeting (EGM) scheduled to hold in August 11, 2023, the following resolutions are meant to be passed: The Bank is on a strong growth trajectory and requires […]
Transactions on the floor of the Nigerian Exchange on Wednesday closed lower as the All Share Index declined marginally by 0.01% to close at 63,757.23 points from the previous close of 63,766.72 points. The Market Capitalisation declined by 0.02% to close at N34.716 trillion from the previous close of N34.722 trillion, thereby shedding N6 billion. An aggregate[…]
The stock market on Tuesday closed on a positive note with 1.3% growth. Year to date, the market has returned 24.42% with the All Share Index and Market Capitalisation at 63,766.72 points and N34.722 trillion respectively. In a stock market review with Mallam Garba Kurfi, MD/CEO of APT Securities and Funds Limited, the following were discussed: Excerpts: The[…]