The Nigerian stock market last week closed on a bearish note, occasioned by profit taking in SEPLAT, MTN Nigeria and other 40 stocks. The All Share Index and Market capitalization declined by 1.16% to settle at 44,269.18 points and N24.112 trillion respectively. Year to date, the market has returned 3.63%. An aggregate of 1.4 billion units of […]
Stanbic IBTC Holdings Plc in the Third Quarter of 2022 achieved year on year growth in its revenue and profit after tax. Gross Earnings of N208.26 billion was achieved for the 9 months period, up by 41.20% from N147.496 billion achieved the previous year. Profit after tax grew year on year by 38.14% to N55.185 billion from[…]
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NovEterna Plc has notified the Nigerian Exchange and the general public that following the granting of the ‘‘Authority to proceed’’ by the Securities and Exchange Commissions and its earlier announcement dated 19th April 2022, Preline Limited has notified Eterna Plc of the completion of the Mandatory Takeover of 1,300,000 ordinary shares equivalent to 0.10% equity stake in[…]
