Author Archives: Ruth Omoteso

Northern Nigeria Flour Mills (NNFM) has declared a final dividend of 25 kobo to its shareholders for the year ended 31 March, 2022. The Company reported a turnover of N15.23 billion for the 12 months period, up by 75.74% from N8.67 billion reported the previous year. Profit after tax reported for the period under review was N80.668 […]

African Alliance Insurance Plc has notified Nigerian Exchange Limited (NGX), Shareholders and the investing public of the appointment of Dr. Alexander Nwuba as a Non – Executive Director of the Company. The appointment has been approved by the Company’s Primary Regulator, the National Insurance Commission (NAICOM). Dr. Alex Nwuba joins African Alliance Insurance Plc from a UAE[…]

Transactions on the floor of the Nigerian Exchange on Thursday closed on a negative note as the All Share Index declined marginally by 0.04% to close at 53,170.73 points from the previous close of 53,193.98 points. The Market Capitalisation declined by 0.04% to close at N28.665 trillion from the previous close of N28.677 trillion, thereby shedding N12[…]