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JulThe stock market on Tuesday closed on a positive note with 1.3% growth. Year to date, the market has returned 24.42% with the All Share Index and Market Capitalisation at 63,766.72 points and N34.722 trillion respectively. In a stock market review with Mallam Garba Kurfi, MD/CEO of APT Securities and Funds Limited, the following were discussed: Excerpts: The […]
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JulInfinity Trust Mortgage Bank Plc has reported a turnover of N1.27 billion for the period ended 30 June 2023. This represents a growth of 39.69% year on year from N909.2 million reported the previous year. Profit after tax of N503.9 million was reported for the 6 months period, up by 55.95% from N323.14 million reported the previous[…]
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JulEcobank Nigeria Limited says it will appeal a judgement by the Federal High Court in Lagos, presided over by Hon. Justice Liman, which delivered a judgment in favour of Honeywell Flour against the bank and ordered it to pay the sum of N72 billion. The bank said it believe that the judgment is perverse and cannot stand[…]
