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JunMarket returns 0.55% WtD, gains 158bn
The Nigerian stock market last week closed on a bullish note. The growth is largely traceable to the growth in the share prices of MTN, Presco and 27 other stocks on the gainers’ chart. The All Share Index and Market Capitalisation grew by 0.55% week on week to 53,201.38 points […]
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JunForecast: Q2 2022 Earnings Projection of Banking Stocks
How consistent are the earnings in five years? PEG Ratio Analysis The Second Quarter of the year will be over in a matter of weeks, and by design results of listed Companies on the Nigerian Exchange will start hitting the market from the second week of July. Impressive performance of[…]
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JunNorthern Nigeria Flour Mills declares 25 kobo to shareholders, grows FY profit by 15.37%
Northern Nigeria Flour Mills (NNFM) has declared a final dividend of 25 kobo to its shareholders for the year ended 31 March, 2022. The Company reported a turnover of N15.23 billion for the 12 months period, up by 75.74% from N8.67 billion reported the previous year. Profit after tax reported[…]
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JunAfrican Alliance Insurance appoints Dr. Alexander Nwuba as Non- Executive Director
African Alliance Insurance Plc has notified Nigerian Exchange Limited (NGX), Shareholders and the investing public of the appointment of Dr. Alexander Nwuba as a Non – Executive Director of the Company. The appointment has been approved by the Company’s Primary Regulator, the National Insurance Commission (NAICOM). Dr. Alex Nwuba joins[…]
