25
JulMarket returns -0.45% WtD amidst profit taking
The Nigerian stock market in the course of last week dipped by 0.45% as 36 equities shed weight, occasioned by profit taking. The All Share Index and Market capitalization declined by 0.45% to settle at 51,979.92 and N28.031 trillion respectively. An aggregate of 917 million units of shares were traded […]
25
JulIndustrial & Medical Gases Plc appoints Aminu Ado as Acting Chairman
Industrial & Medical Gases Nigeria Plc (IMG) has notified the investing public and Nigerian Exchange Limited has appointed Mr. Aminu Ado as the Acting Chairman. This is following the demise of Mr. Abiodun Olabode Alabi who died on the 24th of June 2022. Mr. Aminu Ado holds a Master’s degree[…]
25
JulStock market extends losses, drops by 0.27%
It was yet another bearish session on the floor of the Nigerian stock market on Friday as down trend extended admits profit taking. The All Share Index dropped by 0.27% to close at 51,979.92 points from the previous close of 52,122.00 points. The Market Capitalisation was down by 0.27% to[…]
22
JulJaiz Bank to raise N150bn via Sukuk issuance
Jaiz Bank Plc is planning to raise N150 billion via Sukuk issuance either in full or in series. A notification of the bank’s AGM scheduled to hold on August 16, 2022 stated thus: “The Board of Directors is hereby authorized to do all such things and take all such actions[…]
