Pension assets grew by 1.13% to N14.19tn in May
Recent data released by the National Pension Commission (PenCom) on pension funds industry portfolio for the period ended 31 May 2022 revealed that the total assets under the Contributory Pension Scheme rose to N14.19 trillion in May 2022. This translates to 1.13% growth from N14.04 trillion reported in April 2022. […]
Investors gain N47bn as NGXASI grows further by 0.17%
The Nigerian equity market on Friday grew further as the All Share Index appreciated by 0.17% to settle at 51,705.61 points from the previous close of 51,618.73 points. Investors gained 47 billion as The Market Capitalisation was up by 0.17% to close at N27.875 trillion from the previous close of[…]
Chams Plc appoints Ayobola Abiola as Non-Executive Director
Chams Plc has notified the Nigerian Exchange and the investing public of the appointment Sir Ayobola Abiola, as Non-Executive Director of the Company effective 1st July, 2022. Ayobola Abiola is an economics, banking, finance and tax expert with over 25 years cognate experience in Investment, Commercial and Mortgage banking. He[…]
Market sustains uptrend as NGXASI inches up by 0.47%
The Nigerian stock market on Thursday closed on a bullish note, occasioned by 3.85% growth in the share price of MTN. The All Share Index appreciated by 0.47%, closing at 51,618.73 points from the previous close of 51,377.21 points. Investors gained N130 billion as the Market Capitalisation grew by 0.47%[…]