Fidelity Bank Plc has got the approval of its shareholders to issue its unissued ordinary shares by way of the private placement. This was approved at the Bank’s Extra-Ordinary General Meeting on Thursday, September 29, 2022. The Board of Directors of the Company has been authorised to issue, by way of Private Placement, the 3,037,414,308 unissued Ordinary Shares […]
The Nigerian National Petroleum Company (NNPC) Limited has declared a profit after tax of N674 billion for 2021 financial year. According to the Group Chief Executive Officer of NNPC, Mele Kyari, NNPC as a corporation grew its profit after tax from N287 billion in 2020 to N674 billion in 2021. This translates to 134.84% growth year on[…]
The market has eventually entered the Fourth Quarter of the year and in a matter of days, Q3 results of listed firms on the Nigerian Exchnage will start hitting the market. Prices of stocks have been coming down, creating entry opportunities for discerning investors. Investment in stocks is done against expectation and not on realities. It is[…]