Transcorp Power, which debuted on the Nigerian Exchange Group (NGX) on March 4, 2024, will distribute N34.7 billion in dividends. This total includes N24.5 billion as a final dividend for the 2023 fiscal year and N11.25 billion as an interim dividend for the first half of 2024. For the first half of 2024, Transcorp Power Plc declares […]
Total Energies Marketing Nigeria Plc has exceeded expectations by reporting a pre-tax profit of N13.730 billion for Q2 2024. This reflects a 95% year-over-year increase, far surpassing its forecast of N6.419 billion. This brings the H1 2024 pre-tax profit to N30.571 billion, nearly double the total pre-tax profit for 2023. The company’s Q2 2024 financial statements show[…]
THE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR JULY 22th – 26th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 3.557 billion shares worth N47.220billion in 42,871 deals. This represents an increase in value compared to the previous week, where 2.827 billion shares valued at N42.366 billion were[…]