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JanNGX Daily Equity Market Report, Jan 04, 2021
The first trading day on the floor of the Nigerian Exchange in year 2022 closed on a bullish note, occasioned by the listing of BUA Foods on NGX at the share price of N40.The All Share Index appreciated by 0.73% to close at 43,026.23 points from the previous close of […]
25
JanEcobank has a Pan African switch, already connected to Pan-African Payment and Settlement System
Managing Director/Regional Executive, Ecobank Nigeria, Patrick Akinwuntan has described the recently launched Pan-African Payment and Settlement System (PAPSS) as a critical enabler for intra Africa trade. Akinwuntan who spoke on Arise TV on the launch of the payment settlement system regulatory framework, emphasized that the new payment method will serve[…]
07
DecUAC completes unbundling of 649,392,661 UPDC REIT units to its shareholders
UAC has announced the completion of the unbundling of the Company’s 649,392,661 UPDC REIT units to the shareholders of UAC, effective November 11 2021. Qualifying UAC shareholders have been credited with UPDC REIT units in accordance with the terms of the Scheme of Arrangement. The Scheme was effected by the[…]
07
DecFirst Bank declares N40.79bn profit in Q3 2021
First Bank of Nigeria Holdings on Monday published its audited third quarter for the period ended 30 September 2021. Gross Earnings of N427.397 billion was achieved for the nine months period, down by 2.85% from N439.923 billion recorded the previous year. Profit after tax of N40.791 billion was reported for[…]
