Market declines closes lower by 0.14%
The equity market on Wednesday closed lower as the All Share Index declined by 0.14% to settle at 53,193.98 points from the previous close of 53,270.88 points. The Market Capitalisation declined by 0.15% to close at N28.677 trillion from the previous close of N28.719 trillion, thereby shedding N42 billion. An […]
Cutix Plc reports N7.88bn as turnover, PAT rises by 29.41% in 12 months
Cutix Plc recently published its Fourth Quarter report for the 12 months period ended 30 April 2022. The report shows year on year growth in the Company’s top line and bottom line figures for the 12 months period. A turnover of N7.879 billion was reported for the 12 months period,[…]
Aluminium Extrusion Industries Plc declares 50 kobo dividend to shareholders
Aluminium Extrusion Industries Plc has notified the Nigerian Exchange that the company proposed a final dividend of 50 Kobo for every share of 50kobo, subject to appropriate withholding tax and approval will be paid to shareholders whose names appear in the Register of Members as at the close of business[…]
Airtel Africa announces acquisition of DRC Spectrum
Airtel Africa has announced the purchase of 58 MHz of additional spectrum spread across 900, 1800, 2100 and 2600 MHz bands, for a gross consideration of $42m. The licence for paired spectrum in the 2100 band comes up for renewal in September 2032. All the other licences continue until July[…]