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OctGuide to Profitable Investment Decision
• Stocks to Watch The Nigerian stock market last week continued its southward journey as profit taking persist by investors. The All Share Index closed at 44,396.73 points on Friday 21, October 2022. Year to date, the market has returned 3.93%.Most stocks have touched their 52 weeks low and some […]
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OctNigerian Market Advances further by 0.15%
The Nigerian stocks market on Friday closed higher as the All Share Index advanced further by 0.15% to settle at 44,396.73 points from the previous close of 44,332.21 points. The Market Capitalisation was up by 0.14% to close at N24.182 trillion from the previous close of N24.147 trillion, thereby gaining[…]
Strategic Capital Investment Limited acquires Polaris Bank
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank by Strategic Capital Investment Limited (SCIL). Polaris has been operating as a bridge bank since[…]
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OctAfrica Prudential Plc reports N2.97bn as gross revenue, PAT grows by 11.93% in Q3 2022
Africa Prudential Plc on Thursday published its Third Quarter report for the period ended 30 September 2022. The Financial Institution reported a turnover of N2.969 billion for the 9 months period, up by 21.44% from N2.445 billion reported the previous year. Profit after tax of the company grew year on[…]
