30

Jan

Geregu Power declares N27.43 billion as profit in 12 months

Geregu Power Plc on Wednesday published its Financial Statement for the year ended 31 December 2024. The Company reported revenue of N137.13 billion for the 12 months period, up by 65.39% from N82.91 billion reported the previous year. Profit after tax grew year on year by 70.74% to N27.43 billion from N16.06 billion reported the previous year. […]

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30

Jan

Market gains N365bn as NGXASI rises by 0.57%

The Nigerian stock market on Wednesday closed higher as the All Share Index rose by 0.57% to settle at 104,549.74 points from the previous close of 103,958.75 points. The Market Capitalisation was up by 0.57% to close at N64.521 trillion from the previous close of N64.156 trillion, thereby gaining N365 billion. An aggregate of 421.6 million units[…]

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08

Jan

GTCO raises N209.41bn at first phase of equity capital raise programme

Guaranty Trust Holding Company Plc (GTCO) has made significant strides in its growth and expansion plans, completing the first tranche of its equity capital raise programme. The highlights of this milestone are as follows: Key Developments: CEO’s Statement: Segun Agbaje, the Group CEO, expressed gratitude to shareholders and regulators for their support. He highlighted the successful capital[…]

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