Author Archives: Ruth Omoteso

Mixed outlook as stocks may be marked down for dividends The Nigerian stock market has been upbeat since the beginning of the year as it has consistently returned positive Month on Month. Coupled with impressive Q4 results published by quoted firms, the dividend pay-out by some of these companies have also triggered price growth in most stocks. […]

Trading activities on the floor of the Nigerian Exchange last week closed on a bullish note as investors take position in dividend paying stocks. The All Share Index and Market Capitalisation appreciated by 0.36% week on week to close at 47,437.48 points and N25.566 trillion respectively. An aggregate of 2.798 billion units of shares were traded in[…]

The U.S. Agency for International Development (USAID) has announced an additional $10.6 million in development assistance to support Nigeria for COVID-19 vaccination. Most of the new funding will finance boosting COVID-19 vaccination efforts to reach targets of 600,000 people a day. The funds will also support integrating COVID-19 vaccinations into routine immunization and primary health care systems,[…]