31
JulThe stock market last week closed on a positive note with 0.08% growth. Year to date, the market has returned 26.94% with the All Share Index and Market Capitalisation at 65,056.39 points and N35.403 trillion. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed: Excerpts: • The […]
28
JulNigeria Exchange Group Plc on the 27th July, 2023 posted N3.2bn turnover for the half year ended June 30th, 2023. This is represents about 16% decrease on its previously reported N3.8bn turnover in 2022. The market regulator sheds its bottom-line figures by 45.85% to settle at a profit after tax of N444mn from Profit After Tax of[…]
28
JulThe Central Bank of Nigeria (CBN) has said that it is “slowly” phasing out old N200, N500 and N1,000 notes with redesigned ones. Acting CBN Governor, Folashodun Shonubi said there is an “optimal level of currency” in circulation and what is being done at the moment is replacing worn out notes with new ones. “We believe that[…]
