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FebEarnings: Strategic positioning in stocks for dividend yield and price appreciation
The much anticipated season for corporate actions by listed firms on NGX is fast approaching as audited reports will soon be flooding the market. We saw that of Nigerian Breweries and BUA Cement last week with declared dividend of N1.03 and N2.80 respectively to shareholders. The stock market last week […]
27
FebNigerian Bourse gains N624bn, returns 2.13% WtD
The Nigerian stock market closed higher last week, driven by appreciation in the prices of Airtel Africa, Dangote Cement and other 37 stocks. The All Share Index and Market capitalization rose by 2.13% to settle at 54,949.21 points and N29.934 trillion respectively. An aggregate of 799.8 million units of shares[…]
24
FebFCMB partners UNDP to empower agribusiness
First City Monument Bank (FCMB) has said that it is partnering United Nations Development Programme (UNDP) to support agribusiness in Nigeria. These two institutions in collaboration with the Centre for Food and Research of Benue State University recently supported 25 early-stage agritechs that were winners at the grand finale of[…]
23
FebStock market extends Gains, Closes 0.61% higher
The Nigerian stock market on Thursday extended the bullish trend as the All Share Index grew by 0.61% to close at 54,646.38 points from the previous close of 54,315.53 points. The Market Capitalisation appreciated by 0.61% to close at N29.769 trillion from the previous close of N29.589 trillion, thereby adding[…]
