CAPITAL MARKET

In keeping to its commitment of ensuring strong and sustainable returns to its shareholders, the Board of Central Securities Clearing System (CSCS) Plc has proposed a total dividend of N3.7Billion to its shareholders, reinforcing the value accretion to its equity owners, who have seen notable rise in share price of...

EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today that its investment banking division has successfully completed advisory on Dubai Electricity and Water Authority’s (DEWA) $6.1bn initial public offering (IPO) on the Dubai Financial Market (DFM) – the largest ever listing in the Middle East...

  The All-Share Index of the Nigerian Exchange Limited advanced by 0.2 per cent to 46,777.37 points. Consequently, the Month-to-Date loss moderated to -0.4 per cent, while the Year-to-Date return increased to +9.5 per cent. In Tuesday trading session, bullish sentiments resurfaced in the domestic bourse, as bargain hunting in...

  The Corporate Governance Triangle is indeed a laudable initiative that marks another milestone in the extensive efforts amongst key stakeholders to enhance corporate governance and compliance best practice across industries in Nigeria. The Chief Executive Officer of NGX Regulation Limited, Ms. Tinuade Awe, stated this at the launch of...

The Pan-African banking group, Ecobank Transnational Incorporated (ETI) is set to pay its shareholders dividends of $0.16 per share totaling $40 million for the year ended December 31, 2021. This implies approximately CFA90, N66.6, or 1.08 Ghana Cedi per share. For Nigerian and Ghanaian investors, this represents 5.5 times and...

  Nigerian Exchange Limited (NGX) has said collaboration and engagement with stronger voice will help to address several policy changes recently affecting the capital market. The CEO, NGX, Mr. Temi Popoola, CFA disclosed this at the Nigerian Economic Summit Group (NESG) Fiscal Policy Roundtable held on Thursday, March 10, 2022....

The Nigerian Equities Market inched up as the bulls held sway over the bears which had have five consecutive sessions of dominance. The NGX All-Share Index (ASI) gained 0.28 per cent at the close of Wednesday trading to stand at 47,287.09bps. This positive outing brought both the month-to-date and year-to-date...

  The NGX All-Share Index and Market Capitalization depreciated by 0.13 per cent to close the week at 47,268.61 and N25,475 trillion respectively. Similarly, all other indices finished lower with the exception of NGX Premium, NGX AseM, NGX Meri Growth, NGX Oil/Gas and NGX Sovereign bond indices. In all, a...

  Nigerian Exchange Group (NGX Group) Plc has announced that it has released its audited results for the full year ended 31 December 2021, on Tuesday, 01 March 2022. The Group’s audited results revealed that its gross earnings grew to N6.8 billion from N6.0 billion, resulting in a 13 per...

Nigerian Exchange Limited (NGX), on Wednesday, 2 March 2022, hosted a Digital Closing Gong Ceremony to celebrate the accomplishments of female Chairpersons of NGX listed companies and their affiliates who were appointed in 2021. The event was hosted in line with The Exchange ongoing collaboration with International Finance Corporation (IFC)...