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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21

Aug

Stock Market Review: August 21, 2023

The Nigerian stock market last week closed on a bearish note as the All Share Index declined by 0.93% week on week. Year to date, the market has returned 26.28% with the All Share Index and Market Capitalisation at 64,721.09 points and N35.442 trillion. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna[…]

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21

Aug

President Tinubu reassigns portfolio, appoints Abubakar Momoh as Niger Delta Minister

President Tinubu has reassigned the former Osun State Governor, Adegboyega Oyetola, from the Federal Ministry of Transportation to the Federal Ministry of Marine and Blue Economy. The president also approved the appointment of Abubakar Momoh as the Minister of Niger Delta development. Mr Momoh was redeployed from the Federal Ministry of Youth. According to the Special Adviser[…]

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