30
JulTranscorp Power, which debuted on the Nigerian Exchange Group (NGX) on March 4, 2024, will distribute N34.7 billion in dividends. This total includes N24.5 billion as a final dividend for the 2023 fiscal year and N11.25 billion as an interim dividend for the first half of 2024. For the first half of 2024, Transcorp Power Plc declares […]
29
JulTHE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR JULY 22th – 26th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 3.557 billion shares worth N47.220billion in 42,871 deals. This represents an increase in value compared to the previous week, where 2.827 billion shares valued at N42.366 billion were[…]
23
JulThe Central Bank of Nigeria (CBN) monetary policy committee has raised interest rate by 50 basis points from 26.25% to 26.75%. The Governor of the CBN, Mr. Olayemi Cardoso announced this at the end of the 296th Monetary Policy Committee meeting held in Abuja. The MPC also retained the Cash Reserve Ratio (CRR) for Deposit Money Banks[…]
