Stock market extends weekly gains by N512bn, returns 2.00% WtD
The Nigerian stock market last week closed on a bullish note, occasioned by growth in the share prices of Airtel Africa, Seplat, Dangote Cement and 47 others. The All Share Index and the Market Capitalisation appreciated 2.00% week on week, closing at 48,459.65 points and N26.125 trillion respectively. An aggregate […]
Africa Prudential Plc: Income from digital technology space to drive growth
Africa Prudential Plc announced its Unaudited Financial Statements for the period ended March 31st, 2022, with moderate growth in its top line and bottom line figures, year on year. The Company achieved Gross Earnings of N907.78 million, Profit after Tax of N403.15 million and Earnings per Share of 20 kobo.[…]
Stock market sustains uptrend, advances by 0.18%
The Nigerian stock market on Thursday closed on a bullish note as the All Share Index appreciated by 0.18%, closing at 48,223.86 points from the previous close of 48,138.71 points. Investors gained N46 billion as the Market Capitalisation grew by 0.18% to close at N25.998 trillion from the previous close[…]
Trans-Nationwide Express Plc proposes 1 for 16 bonus to shareholders
Trans-Nationwide Express Plc has proposed a bonus issue of 1 (one) new share for every 16 (sixteen) existing shares currently held by shareholders, amounting to 29,302,945 shares of the Company to shareholders. Qualification date for the bonus is on Friday, 3rd June, 2022. The Register of Shareholders will be closed[…]