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MayStock market extends gains by N1.166trn, returns 4.25% WtD
The Nigerian stock market again closed on a bullish note last week, driven by growth in the share prices of MTN, Seplat, Dangote Cement, Okomu, Presco and 45 other stocks. The All Share Index and Market capitalization rose by 4.25% to settle at 53,098.46 points and N28.626 trillion respectively. An […]
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MayFCMB partners Mastercard Foundation to empower SMEs
First City Monument Bank has partnered with the Mastercard Foundation to provide subsidised loans to Micro, Small, and Medium Enterprises to scale their operations and create work opportunities for young Nigerian women and men. The programme which was part of the Mastercard Foundation’s Young Africa Works strategy in Nigeria is[…]
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MayHoneywell Flour Mills Plc announces resignation of Oba Otudeko, 7 other directors
Honeywell Flour Mills Plc has notified the investing public of the changes to its Board structure. At the extraordinary Board meeting of the Group held on the 10th day of May, 2022, the following resolutions were passed: That the resolutions of the following Directors: Dr Oba Otudeko, Mr Obafemi Otudeko, Mr[…]
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MayNigeria, South Africa, 12 others begin cross-border securities trading
Nigeria and 13 Africa’s largest economies and capital markets have created a unified platform for trading of securities. The breakthrough promises to enhance free flow of investments across the continent without hitches. The other countries involved in the first phase of the cross-border trading are: South Africa, Egypt, Kenya, Mauritius,[…]
