28

Jan

NGX Daily Equity Market Report, Jan 04, 2021

The first trading day on the floor of the Nigerian Exchange in year 2022 closed on a bullish note, occasioned by the listing of BUA Foods on NGX at the share price of N40.The All Share Index appreciated by 0.73% to close at 43,026.23 points from the previous close of 42,716.44 points.The Market Capitalisation grew by 3.98% […]

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25

Jan

Ecobank has a Pan African switch, already connected to Pan-African Payment and Settlement System

Managing Director/Regional Executive, Ecobank Nigeria, Patrick Akinwuntan has described the recently launched Pan-African Payment and Settlement System (PAPSS) as a critical enabler for intra Africa trade. Akinwuntan who spoke on Arise TV on the launch of the payment settlement system regulatory framework, emphasized that the new payment method will serve as a backbone through which all the countries[…]

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07

Dec

UAC completes unbundling of 649,392,661 UPDC REIT units to its shareholders

UAC has announced the completion of the unbundling of the Company’s 649,392,661 UPDC REIT units to the shareholders of UAC, effective November 11 2021. Qualifying UAC shareholders have been credited with UPDC REIT units in accordance with the terms of the Scheme of Arrangement. The Scheme was effected by the transfer of the units held by UAC[…]

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