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JulGeregu Power Plc reports N8.05bn profit in 6 months
Geregu Power Plc has reported a turnover of N34.696 billion for the period ended 30 June 2023. This represents a growth of 2.65% from N33.801 billion reported the previous year. Profit after tax of N8.054 billion for the 6 months period, down by 11.52% from N9.102 billion achieved the previous […]
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JulFidelity Bank Plc to raise additional capital via IPO, Rights Issue
Fidelity Trust Bank Plc has notified the Nigeria Exchange and the investing public that it intends to raise fresh fund via Rights Issue. In a notice of an Extra-Ordinary General Meeting (EGM) scheduled to hold in August 11, 2023, the following resolutions are meant to be passed: The Bank is[…]
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JulMarket closes marginally lower by 0.01%, sheds N6bn
Transactions on the floor of the Nigerian Exchange on Wednesday closed lower as the All Share Index declined marginally by 0.01% to close at 63,757.23 points from the previous close of 63,766.72 points. The Market Capitalisation declined by 0.02% to close at N34.716 trillion from the previous close of N34.722[…]
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JulStock Market Review: July 19, 2023
The stock market on Tuesday closed on a positive note with 1.3% growth. Year to date, the market has returned 24.42% with the All Share Index and Market Capitalisation at 63,766.72 points and N34.722 trillion respectively. In a stock market review with Mallam Garba Kurfi, MD/CEO of APT Securities and Funds[…]
