The Nigerian equity market on Wednesday bounced back from 0.09% decline of Tuesday as the All Share Index grew by 0.28% to settle at 48,988.04 points from the previous close of 48,853.54 points. Investors gained N73 billion as the Market Capitalisation was up by 0.27% to close at N26.682 trillion from the previous close of N26.609 trillion. […]
Nigerian Breweries Plc at its recent Extraordinary General Meeting has proposed an increase in the company’s share capital and bonus issue of N1.03 billion to shareholders. In a statement available on the website of the Nigerian Exchange, the following resolutions were made by Nigerian Breweries: INCREASE IN SHARE CAPITAL “That the share capital of the company be[…]
Ecobank Group said it recorded transactions valued at $59.1 billion across its digital channels in the first 9 months of 2022. The company disclosed this in its audited financial report for the 9-month ended September 2022. According to the company, this represents a 44% increase compared with the $40.4 billion it recorded in the same period last[…]