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Capital Market

SEC to Hold Second CMC Meeting Thursday

The Securities and Exchange Commission, SEC, I set to hold the Second Capital Market Committee, CMC, meeting in 2021 from Thursday August 12 to Friday...

NGX index down 0.63% as UPL, Linkage Assurance, NPF Microfinance Bank top losers’ chart

Trading on the Nigerian Exchange closed Monday negatively with the market capitalisation inched lower by N126 billion to close at N20.094 trillion from N20.220...

Ecobank Nigeria joins IFC, Nigerian Exchange partnership on gender equality

Akinwuntan Ecobank Nigeria has entered into partnership with the International Finance Corporation, IFC, and The Nigerian Exchange Limited, NGX, on the ‘The Nigeria2Equal gender program’...

NGX champions Galvanizing Private Sector Participation In Closing Gender Gaps

Nigerian Exchange Limited, NGX, has become the first exchange in Africa to galvanize private sector participation in closing gender gaps across employment and entrepreneurship...

Airtel Africa plc promises improvement in revenue growth trends

  Highlights Q1’22 Reported revenue grew by 30.7% to $1,112m, with constant currency growth of 33.1%. Revenue growth partially benefitted from a weakened quarter in the...

Stock market ends five-day rally, investors lose N66bn

Investors in the equities market of the Nigerian Exchange Limited lost N65.18bn on Thursday, ending a rally that spanned five consecutive days. The NGX All-Share...

FMDQ Group Holds 9th AGM; Reports Significant Development Across the Group and Subsidiaries  

  Africa’s first vertically integrated financial market infrastructure, FMI, group, FMDQ Holdings PLC, (“FMDQ Group or “FMDQ”) held its 9th Annual General Meeting, AGM, on...

AELP Link to Boost Trading Between NGX and Other African Exchanges

  Cross-border trading from one African securities exchange to another comes a step closer today, after the African Securities Exchanges Association, ASEA, signed a contract...

BUA Cement grows profit by 24.63% to N43.396b in H1 2021

BUA Cement Plc, a leading cement manufacturer in Nigeria has released its  unaudited financial statements for the six months ended 30th June, 2021 with...

FCMB Posts N94.2bn revenue, PBT rise by 9.4%

  In its unaudited interim earnings report for the first half of 2021, the FCMB Group Plc announced a gross revenue of N94.2bn and profit...