Africa Prudential Plc has reported a profit after tax of N791 million for the first six months of 2024. This information was shared by Taofiq Giwa, the Chief Finance Officer of the company, during a w...
BUA CEMENT 8TH AGM AND ITS CEO's COMMENTSEvent:- Annual General Meeting (AGM): The 8th AGM of BUA Cement was held on August 29, 2024, in Abuja.Key Individuals:- AbdulSamad Rabiu: Chairman of BUA Cemen...
Ride-sharing stocks got closed serving as an unusual radiant spot for tech stocks in what is otherwise an unstable day for a sector that has experienced solid growth in the previous year. Lyft's share...
A huge sum of fresh cash is about to be piped into American homes through the $1.9 trillion COVID19 relief bill that will make its way into the stock market. Goldman's Chief U.S equity strategis...
1. Market Metrics• Shares Outstanding: 13 billion• Market Capitalization: ₦751 billion• Stock Symbol: STANBIC• Exchange: Nigerian Stock Exchange (NGX)• Current Market Position: 17th ...
Custodian Investment Plc has achieved a historic milestone, reporting its highest profit in a decade. The Nigerian investment giant saw its after-tax profit skyrocket by an impressive 278.8%, reaching...
United Bank of Africa saw its stocks rise this quarter, with revenue increasing 11% amounting to over N61 billion naira. It went from N559 billion to N620 billion in a year. In its financial repo...
Rising Interest Rates Slow Commercial Paper Issuances in NigeriaKey Insights from H2 2024:1️⃣ Sharp Decline in Issuances:• Commercial paper (CP) issuances have plummeted to N165.8 billion since ...
Nigeria’s One-Year T-Bill Hits Record N2.53 Trillion Bid! The Nigerian treasury bill (T-bill) auction on December 4, 2024, saw unprecedented investor demand for its one-year offering, breaking ...
Top Nigerian Stocks to Watch This Week: Prestige Assurance, MRS Oil, and Ecobank Lead the ListDetailed Breakdown:Overview of Market Performance• Last week, the Nigerian stock market rose by 0.7%, dr...