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NovFCMB reports N200bn Gross Earnings, grows PAT by 66.04% in Q3 2022
FCMB Group Plc on Tuesday published its Third Quarter report for the period ended 30 September 2022. The Group reported Gross Earnings of N200.068 billion, up by 33.85% from N149.47 billion reported the previous year. Profit after tax grew year on year by 66.04% to N22.92 billion from N13.8 billion […]
Stock market closes lower by 0.24%, sheds N61bn
Transactions on the floor of the Nigerian stock market on Tuesday closed on a negative note as the All Share Index declined by 0.24% to close at 47,322.97 points from the previous close of 47,436.45 points. The Market Capitalisation depreciated by 0.24% to close at N25.776 trillion from the previous[…]
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NovStock Market Review: November 28, 2022
The stock market last week closed on a positive note with 6.88% growth, week on week. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the capital market guru explained the factors behind the current positive vibration in the market. Excerpts: The stock market[…]
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NovWhy you should pitch your tent with fundamentally sound stocks
Opportunities in stocks with uptrend potentials The Nigerian stock market last week closed on a bullish note with 6.88% growth, week on week. This is occasioned by renewed buy interest in equities by smart investors. Year to date, the market has returned 11.33% with All Share Index and Market Capitalisation[…]
