23

Aug

Petrol price grew by 215.95% year on year- NBS

The National Bureau of Statistics has revealed that the average retail price paid by consumers for Premium Motor Spirit (Petrol) for the month of July 2023 was N600.35, indicating a 215.95% increase when compared to the value recorded in July 2022 (N190.01). Comparing the average price value with the previous month (.i.e. June 2023), the average retail […]

22

Aug

MTN lists 641m ordinary shares from scrip dividend on NGX

The Nigerian Exchange has admitted additional 641 million ordinary shares of MTN Nigerian Plc into its platform arising from the company’s scrip dividend scheme. In a notice to Trading licence holders, the NGX Exchange Limited stated thus: “Trading License Holders are hereby notified that additional 641,047,053 ordinary shares of 2 kobo each of MTN Nigeria Communication Plc[…]

21

Aug

Stock Market Review: August 21, 2023

The Nigerian stock market last week closed on a bearish note as the All Share Index declined by 0.93% week on week. Year to date, the market has returned 26.28% with the All Share Index and Market Capitalisation at 64,721.09 points and N35.442 trillion. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna[…]