23

Aug

Petrol price grew by 215.95% year on year- NBS

The National Bureau of Statistics has revealed that the average retail price paid by consumers for Premium Motor Spirit (Petrol) for the month of July 2023 was N600.35, indicating a 215.95% increase when compared to the value recorded in July 2022 (N190.01). Comparing the average price value with the previous month (.i.e. June 2023), the average retail […]

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22

Aug

Stock market sustains bullish trend, gained N157b

The Nigerian stock market on Tuesday sustained marginal bullish trend, gaining three out of the last three trading sessions. The All Share Index appreciated by 0.44%, closing at 65,488.67 points from the previous close of 65,202.41 points. Investors gained N157 billion as the Market Capitalisation grew by 0.44% to close at N35.842 trillion from the previous close[…]

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22

Aug

MTN lists 641m ordinary shares from scrip dividend on NGX

The Nigerian Exchange has admitted additional 641 million ordinary shares of MTN Nigerian Plc into its platform arising from the company’s scrip dividend scheme. In a notice to Trading licence holders, the NGX Exchange Limited stated thus: “Trading License Holders are hereby notified that additional 641,047,053 ordinary shares of 2 kobo each of MTN Nigeria Communication Plc[…]

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