Investors gain N73bn as NGXASI rebounds by 0.28%
The Nigerian equity market on Wednesday bounced back from 0.09% decline of Tuesday as the All Share Index grew by 0.28% to settle at 48,988.04 points from the previous close of 48,853.54 points. Investors gained N73 billion as the Market Capitalisation was up by 0.27% to close at N26.682 trillion […]
Nigerian Breweries to increase share capital to N5.138bn, proposes 1 for 4 bonus to shareholders
Nigerian Breweries Plc at its recent Extraordinary General Meeting has proposed an increase in the company’s share capital and bonus issue of N1.03 billion to shareholders. In a statement available on the website of the Nigerian Exchange, the following resolutions were made by Nigerian Breweries: INCREASE IN SHARE CAPITAL “That[…]
Ecobank Group’s digital transactions hit $59.1bn in 9 months
Ecobank Group said it recorded transactions valued at $59.1 billion across its digital channels in the first 9 months of 2022. The company disclosed this in its audited financial report for the 9-month ended September 2022. According to the company, this represents a 44% increase compared with the $40.4 billion[…]
Stock market declines by 0.09% on profit taking in MTN, others
Tuesday’s trading activities on the floor of the Nigerian stock market closed bearish on profit taking in MTN Nigeria and other 15 stocks The All Share Index declined by 0.09% to close at 48,853.54 points from the previous close of 48,899.08 points. The Market Capitalisation declined by 0.09% to close[…]










