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AugNigeria’s inflation rate grew to 2.51% in Q2 2023
Recent report by the National Bureau of Statistics revealed that Nigeria Gross Domestic Product (GDP) grew to 2.51% in real terms in the second quarter of 2023 from 2.31% reported in Q1 2023. This growth rate is lower than the 3.54% recorded in the second quarter of 2022 and may […]
Nigerian Bourse gains N459bn in one week, returns 1.29% WtD
The Nigerian stock market closed higher last week, driven by appreciation in the prices 32 stocks led by ABC Transport as the All Share Index and Market capitalization grew by 1.29% and 1.30% to settle at 65,558.91 and N35.881 trillion respectively. An aggregate of 1.8 billion units of shares were[…]
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AugAcademy Press Plc declares 10 kobo dividend to shareholders
Academy Press Plc has declared a final dividend of 10 kobo to its shareholders for the year ended 31 March 2023. This is subject to appropriate withholding tax and approval will be paid to shareholders whose names appear in the Register of Members as at the close of business on[…]
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AugSEC, NGX, PENCOM pledges commitment to deepening securities lending
In a bid to boost investor participation and securities lending transactions in the Nigerian capital market, the Securities and Exchange Commission (SEC), National Pension Commission (PENCOM) and Nigerian Exchange Limited (NGX) have reiterated their commitment towards deepening the securities lending landscape. This was stated at a recent virtual workshop held[…]
