Neimeth International Pharmaceutical Plc has notified the Nigerian Exchange and the investing public that following close of its Rights Issue exercise on September 15, 2022 that it has received a No Objection from the Securities and Exchange Commission on the allotment of 2,373,947,500 ordinary shares at N1.55 per share on the basis of 5 new Ordinary Shares […]
Stocks to watch The stock market last week closed on a bullish note with 2.95% growth week on week. This is occasioned by renewed buy interest in equities by investors, triggered by impressive Q4 earnings release. Year to date, the market has returned 5.78% with the All Share Index and Market Capitalization at 54,213.09 points and N29.528[…]
Nigerian Aviation Handling Company (NAHCO) recently published its Fourth Quarter report for the period ended 31 December 2022. The result shows significant growth in the Company’s topline and bottom line figures. A turnover of N16.37 billion was reported for the 12 months period, up by 60% from N10.23 billion reported the previous year. Profit after tax grew[…]