Trading on the floor of the Nigerian Exchange last week closed bearish as MTN Nigeria, PRESCO, SEPLAT, Okomu Oil as well as other 37 stocks closed the week lower on profit taking The All Share Index and Market capitalization declined by 0.59% to settle at 49,370.62 points and N26.629 trillion respectively. An aggregate of 823 million units […]
The Board of Trustees (BoT) of the Investors’ Protection Fund (IPF) have assured investors that it remains committed to enhancing investors’ protection in the Nigerian capital market. In a statement sent to the investing community, the IPF noted that it has approved an increase in the maximum compensation sum to investors who have suffered pecuniary losses from[…]
Mutual Benefits Assurance Plc on Tuesday published its long awaited Q1 result for the period ended 31 March 2022. The result shows significant growth in the Group’s topline and bottom line figures year on year. A turnover of N10.987 billion was reported for the 3 months period, up by 35.44% from N8.112 billion reported the previous year.[…]