The stock market last week closed on a positive note with 1.29% growth. Year to date the market has returned 27.92% with the All Share Index and Market Capitalisation at 65,558.91 points and N35.881 trillion respectively. In a stock market review with Mr. Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The market last week closed […]
Nigerian Breweries Plc at its recent Extraordinary General Meeting has proposed an increase in the company’s share capital and bonus issue of N1.03 billion to shareholders. In a statement available on the website of the Nigerian Exchange, the following resolutions were made by Nigerian Breweries: INCREASE IN SHARE CAPITAL “That the share capital of the company be[…]
Guaranty Trust Holding Company Plc on Monday declared an interim dividend of 30 kobo to its shareholders in its published Second Quarter report for the period ended 30, June 2022. Gross Earnings of N239.29 was reported for the 6 months period, up by 15.09% from N207.91 billion reported the previous year. The Holding Company reported a profit[…]