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NovGDP Report: Household Consumption Expenditure grew by 17.64% in Q2 2022- NBS
The National Bureau of Statistics recently released its Gross Domestic Product Report (Income & Expenditure Approach) for Q1 and Q2 2022. In a statement available on the Commission’s website, NBS stated thus: In the first quarter of 2022, Nigeria’s real GDP at basic prices grew by 3.11% on a year-on-year […]
TAJ Bank to list N100bn Sukuk on NGX
TAJ Bank has obtained regulatory approval to list its N10 billion Sukuk on the Nigerian Exchange (NGX). TAJ Bank had under the first tranche of its N100 billion Sukuk issuance programme, launched a N10 billion capital raising through its special purpose vehicle- Taj Sukuk Issuance Programme SPV Plc. The company[…]
Omatek Ventures to raise capital via allotment of 4.058bn ordinary shares
Omatek Ventures Plc at its recent Annual General Meeting have got approval to raise capital by allotting the unissued 4, 058, 210, 528 Ordinary Shares. According to the notice available on the website of the Nigerian Exchange, the Directors has been authorized to raise capital by allotting the unissued 4,[…]
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NovStock market declines by 0.34% on profit taking in MTN
It was a bearish session on the floor of the Nigerian stock market on Monday as profit taking in MTN Nigeria and 12 other stocks dragged the market downward The All Share Index declined by 0.34% to close at 43,818.12 points from the previous close of 43,968.75 points. The Market[…]
