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November 29, 2023
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Category: Market News

Seplat Energy grows revenue by 31% to N478.1bn in 9 months

Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announced its unaudited results for the nine months ended September 30, 2023, recording a…

All-Share Index opens week positive, gains 1.45%

All-Share Index opens week positive, gains 1.45%

Starting the week, Nigerian equities extended gains from last week as the All-Share index closed 1.45 per cent stronger to close at 68,111.71 points. Demand for industrial heavyweight, DANGCEM (+5.77%) alongside ZENITHBANK (+0.60%) and STANBIC…

FCMB Promo: Dreams come through as new millionaires emerge

FCMB Promo: Dreams come through as new millionaires emerge

Once again, First City Monument Bank (FCMB) has turned dreams into reality with its ongoing Millionaire Promo Season 9. This time, the two lucky winners of the N1,000,000 grand prize are Inspector Afolayan Kayode, an…

Weekly Wrap-Up: ASI recovers, gains 0.33%

Weekly Wrap-Up: ASI recovers, gains 0.33%

The Lagos bourse rounded off the week recouping some previous session losses as the benchmark index gained 8bps to settle at 67,136.58 points. Buying interest in SEPLAT (+3.70%), ZENITHBANK (+0.60%) and GTCO (+1.00%) was the…

Chams honours directors, pledges service delivery

Chams honours directors, pledges service delivery

The Chairman, Chams Holding Company Plc, Sir Demola Aladekomo, has pledged that the company will ensure value delivery to its shareholders and the financial services industry during a sendoff party to celebrate some retiring directors.…

Bulls re-emerge as investors gain N250.01bn

Equities trading on the Nigerian stock market on Monday opened the week green, extending gains from last week as the benchmark index closed 0.71 per cent stronger to settle at 65,202.41 points. Buy interests in…

Benchmark Index Edges Lower On Sustained Bearish Momentum

Benchmark Index Edges Lower On Sustained Bearish Momentum

Sell-off in telco heavyweight, AIR- TELAFRI (-5.30%), alongside GTCO (-0.53%) and ACCESSCORP (-0.59%) on the floor of Nigerian Exchange Limited (NGX) on Wednesday underpinned the market’s weak performance. bearish sentiments drove the domestic equities as…

AGM: Court Sets Date For Contempt Suit Against FBNH Officials

AGM: Court Sets Date For Contempt Suit Against FBNH Officials

Justice Nicholas Oweibo of a Federal High Court in Lagos will on August 23 hear a motion seeking to commit officials of FBN Holdings Plc to prison for alleged disobedience of court’s order. This is…

MTNN Proposes N100Bn Commercial Paper

MTNN Proposes N100Bn Commercial Paper

MTN Nigeria has proposed the issuance of up to N100 billion series 6&7 commercial paper notes to diversify its financing options. This was disclosed via an official statement signed by Company Secretary, Uto Ukpanah to…

Economic Revival: Shareholders task Tinubu on security

Economic Revival: Shareholders task Tinubu on security

For the country to witness a positive turnaround, shareholders under the aegis of Independent Shareholders Association of Nigeria (ISAN) has advised President Bola Tinubu to tackle insecurity. Speaking on the economic situation in the country,…