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27

Jun
Finance Services

Market returns -0.14% WtD amidst profit taking

The Nigerian stock market declined last week as Dangote Cement, Airtel Africa, BUA Cement, Presco and other 52 stocks shed weights. The All Share Index and Market capitalization declined by 0.14% to settle at 51,705.61 and N27.875 trillion respectively. An aggregate of 1.12 billion units of shares were traded in […]

27

Jun
Finance Services

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.[…]

27

Jun
Finance Services

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[…]

24

Jun
Finance Services

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[…]

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