Market down by 0.22% WtD on profit taking
The Nigerian stock market closed lower last week, occasioned by profit taking in MTN and 41 other stocks. The All Share Index and Market capitalization dropped by 0.22% to settle at 52,979.96 and N28.562 trillion respectively. An aggregate of 3.02 billion units of shares were traded in 29,151 deals, valued […]
Stock market closes bearish as NGXASI declined by 0.55%
The Nigerian Stock Exchange Market on Friday closed on bearish note as The All Share Index declined by 0.55% to close at 52,979.96 points from the previous close of 53,275.49 points. Investors lose N159 billion as the Market Capitalisation dropped by 0.55% to close at N28.562 trillion from the previous[…]
Access Holdings Plc to acquire majority equity stake in First Guarantee Pension Limited
Access Holdings Plc, trading as Access Corporation has announced that it has entered into a definitive with First Guarantee Pension Limited regarding the potential acquisition of majority equity stake in the Company. The transaction is a consequential step in the Corporations evolution from a narrow banking business into a financial[…]
Presco proposes N6.60 final dividend to shareholders in FY 2021
Presco Plc has proposed a final dividend of N6.60 to its shareholders for the year ended 31 December 2021. This is in addition to an interim dividend of N1 already paid, making a total dividend pay-out of N7.60. The Group reported a turnover of N47.426 billion for the 12 months[…]