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[…]
The stock market last week closed marginally lower by 0.04%. Year to date, the market has returned 7.11% with the All Share Index and Market Capitalization at 54,892.53 points and N29.903 trillion respectively. In a stock market review with the MD/CEO of APT Securities and Funds Limited, Mallam Garba Kurfi, the following were discussed: Excerpts: The market last[…]