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SepThe Nigerian market stayed afloat on price appreciation in Dangote Cement and other 36 stocks that made the green table on Wednesday, making it four straight gains out of last four sessions. The All Share Index grew 0.41%, closing at 140,365.36 points from the previous close of 139,796.11 Market capitalisation closed at N88.813 trillion up by 0.41% […]
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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[…]
Guaranty Trust Holding Company Plc (GTCO) has announced the opening of its public offer to raise N400.5 billion. The offer consists of 9 billion ordinary shares priced at N44.50 each. The Securities and Exchange Commission (SEC Nigeria) has cleared the offer prospectus and registered the shares. The net proceeds from this offer will be used to recapitalize[…]
