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Article Summary Ardova notified NGX and the investing public that the Court Ordered Meeting of the Company was held on 31 May 2023 as scheduled. As consideration for the transfer…
The Nigerian stock market has shown remarkable resilience in the face of a challenging macroeconomic environment. Despite the high inflation rate of 22.22%, the political uncertainty ahead of the presidential…
Key highlights Resilient Nigerian stocks have surpassed the country’s high inflation rate of 22.22%, demonstrating remarkable returns and outperforming the challenging economic environment. Industry trends, such as petroleum products distribution,…
Article Summary SWOOTs (Stocks Worth Over One Trillion) include Airtel Africa, MTN Nigeria, Dangote Cement, BUA Foods and BUA Cement. The combined market capitalization of SWOOTs appreciated by 5.64% to…
Nigerian stock market defies traditional wisdom in May 2023, delivering impressive performance with a gain of 6.42% and outperforming other markets in Sub-Saharan Africa. Market confidence was boosted by President…
Nigerian Equities rallied to a 5.2% gain on Tuesday as investors reacted positively to the inauguration speech of President Bola Ahmed Tinubu. In what Nairametrics analysts termed a “TinuBULL”, stocks…
Article Summary The NGX All-Share Index and Market Capitalization appreciated by 1.51% to close the week at 52,973.88 and N28.845 trillion respectively. A total turnover of 1.963 billion shares worth…
Article Summary Berger Paints shareholders N202.88 million as dividends at the rate of 70 kobos per share. The shareholders also approved the appointment of Mrs. Alaba Fagun as the Managing…
Article Summary SWOOTs, Stocks Worth Over One Trillion, drive Nigerian market with a combined valuation of N18.83 Trillion MTN Nigeria surpasses Airtel Africa as most valued company at NGX with…
Nestle Nigeria Plc, one of the largest food and beverage companies in Africa, has announced that it will continue to provide related party support to its subsidiaries and affiliates in…