07
MarNGX Group Plc reports N698.48m as profit in 12 months
The Nigerian Exchange Group Plc on Monday published its Audited Financial Statement for the year ended 31 December, 2022. The Group reported a turnover of N7.5 billion for the 12 months period, up by 10.31% from N6.8 billion reported the previous year. Profit after tax declined year on year by […]
07
MarDMO announces FG Savings Bond for March 2023
The Debt Management Office has announced that the Federal Government of Nigeria has is offering for subscription the March, 2023 FGN Bond at the following interest rates:- 2-Year FGN Savings Bond due March 15th, 2025 @ 9.465% per annum3-Year FGN Savings Bond due March 15th, 2026 @ 10.465% per annum The rational[…]
07
MarCommercial Banks begin payment of old naira notes
Some commercial banks across the country have started paying out the old N500 and N1,000 notes to customers. This is on the backdrop of the Supreme Court judgment, which extended the validity of the old naira notes to December 31, 2023. Guaranty Trust Bank, Polaris Bank and some other banks[…]
06
MarStocks for strategic positioning as investors anticipate more corporate actions
The stock market last week closed on a positive note, returning 1.06% week on week. Year to date, the market has returned 8.35% with the All Share Index and Market Capitalization at 55,529.21 points and N30.250 trillion respectively. More audited results were released to the market be listed firms last[…]
