The Nigerian stock market bounced back last week, driven by appreciation in the prices of 56 stocks led by Oando Plc. The All Share Index and Market capitalization rose by 0.63% to settle at 96,579.54 and N55.478 trillion respectively. An aggregate of 2.8 billion units of shares were traded in 50,488 deals, valued at N53 billion. The […]
NPF Microfinance Bank Plc has announced a final dividend of 12 kobo per share for the year ending December 31, 2023. The company reported gross earnings of N10.3 billion for the 12-month period, representing a 43.99% increase from the N7.15 billion recorded in FY 2022. Profit after tax for the period reached N1.02 billion, marking a 15.56%[…]
Fidson Healthcare Plc, a leading Nigerian pharmaceutical company, signed a Strategic Cooperation Memorandum with Jiangsu Aidea Pharma, Nanjing PharmaBlock, and the China-Africa Development Fund in Beijing, China on Monday, September 2, 2024. The signing ceremony took place during a visit by a Nigerian delegation led by Dr. Fidelis Ayebae, the founder and Managing Director of Fidson Healthcare[…]