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JunUAC announces retirement of Dr Umaru Alka as Non-Executive Director
UAC of Nigeria Plc has informed the Nigerian Exchange Limited, its shareholders and the investing public of the retirement of Dr. Umaru Alka, a Non-Executive Director from the Board of Directors of the Company, effective June 25, 2022. Dr. Alka was appointed to the Board in March 2013 and also […]
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JunStock market extends gains, closes higher by 0.50%
The Nigerian stock market on Monday closed on a positive note as the All Share Index grew by 0.50% to close at 51,962.85 points from the previous close of 51,705.61 points. The Market Capitalisation appreciated by 0.50% to close at N28.014 trillion from the previous close of N27.875 trillion, thereby[…]
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JunFitch reaffirms Ecobank Nigeria’s stable outlook
Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Fitch also affirmed the Bank’s Viability Rating (VR) at ‘b-‘ and National Long-Term Rating at ‘BBB (nga)’. The rating agency released this rating last week, stating that the Bank’s IDRs are[…]
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JunQ2 2022 Earnings Forecast for Insurance Firms
The Second Quarter of the year in a matter of days will be over; and at that Q2 earnings of listed firms should start hitting the market from the second week of July. In the past two editions, we did Q2 earnings forecast for the Banking sector and the Manufacturing[…]
