Market extends weekly gain by N699bn, returns 2.61%
The Nigerian stock market last week closed on a bullish note, occasioned by growth in the share price of BUA Cement, MTN, Airtel, Presco, Okomu and 44 other stocks. The All Share Index and Market Capitalisation grew by 2.61% week on week by 50,935.03 points and N27.460 trillion respectively. An […]
NAHCO reports N2.82bn as turnover, PAT rises by 91.08% in Q1 2022
Nigerian Aviation Handling Company in the First Quarter of 2022 achieved significant growth in its top line and bottom line figures. The Company reported a turnover of N2.818 billion for the 3 months period, up by 27.82% from N2.204 billion reported the previous year. Profit after tax grew by 91.08%[…]
Consolidated Hallmark Insurance Plc reports N441.9m as profit in Q1 2022
Consolidated Hallmark Insurance Plc recently published its First Quarter report for the 3 months ended 31 March 2022. The underwriting firm reported Gross Premium Written of N4.015 billion for the 3 months period, up by 14.08% from N3.52 billion reported the previous year. Profit after tax grew year on year[…]
Access Holdings announces successful closure of $50m 5 year Step-Up Puttable Green Bond by its banking subsidiary
Access Holdings has announced that its banking subsidiary, Access Bank Plc, a leading full service Nigerian commercial banking with presence in 17 countries has successfully priced a $50m Step-up Green Notes due 2027 in the international capital market via private placement. The US Dollar offering represents the second Green Bond[…]