At its 12th Annual General Meeting held in Lagos, the shareholders of Stanbic IBTC Holdings Plc approved several key capital raising initiatives proposed by the company. The shareholders approved the Board’s proposal for a N400 billion debt issuance program and additional N150 billion in equity capital. For the debt issuance program, shareholders gave the green light for […]
THE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR MAY 13th – 17th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 1.652 billion shares worth N42.677 billion in 38,123 deals. This represents a decrease compared to the previous week, where 2.187 billion shares valued at N50.667 billion were exchanged[…]
Industrial and Medical Gases Nigeria Plc Wednesday published its Second Quarter report for the period ended 30 June 2023. The Company reported revenue of N2.726 billion for the 6 months period, up by 14.58% from N2.379 billion reported the previous year. Profit after tax grew year on year by 20.93% to N325.065 million from N268.799 million reported[…]