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MarStanbic IBTC Holdings Plc has declared a final dividend of N2 to its shareholders for the period ended 31 December 2022. The financial institution reported Gross Earnings of N287.54 billion for the 12 months period, up by 39.15% from N206.64 billion reported the previous year. Profit after tax grew year on year by 41.86% to N80.81 billion […]
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MarFCMB Group Plc notified the Nigerian Exchange and the investing public that it has successfully completed the issuance of a N20,686,000,000 Perpetual 16% Fixed Rate Resettable NC5.25 Additional Tier I Capital Subordinated Bonds (AT1) under its N300,000,000,000 Debt Issuance Programme The Group’s AT1 Issuance is the first non-sharia local currency AT1 instrument issued in Nigeria and the[…]
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MarThe stock market on Thursday closed on a bearish note, occasioned by profit taking in 25 stocks. The All Share Index declined by 1.04% to close at 54,915.61 points from the previous close of 55,490.20 points. The Market Capitalisation closed at N29.916 trillion, down by 1.04% from the previous close of N30.229 trillion, thereby shedding N313 billion.[…]
