The Nigerian stocks market on Friday closed higher as the All Share Index advanced further by 0.15% to settle at 44,396.73 points from the previous close of 44,332.21 points. The Market Capitalisation was up by 0.14% to close at N24.182 trillion from the previous close of N24.147 trillion, thereby gaining N35 billion. An aggregate of 95 million […]
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank by Strategic Capital Investment Limited (SCIL). Polaris has been operating as a bridge bank since 2018 when the Central Bank of Nigeria[…]
Africa Prudential Plc on Thursday published its Third Quarter report for the period ended 30 September 2022. The Financial Institution reported a turnover of N2.969 billion for the 9 months period, up by 21.44% from N2.445 billion reported the previous year. Profit after tax of the company grew year on year by 11.93% to N1.29 billion from[…]