By Olatunde Dodondawa The Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr Temi Popoola, said that the market would see a renewal in Exchange Traded Fund listings as four new ETFs were in the pipeline. This was echoed by Popoola at the recently completed ETFs conference themed “ETFs in […]
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Sterling Bank Transforms On The NGX, Relists As Sterling Financial Holdings
By Olatunde Dodondawa Sterling Bank Plc, has announced that it has now completed a significant milestone in its ongoing transformation to a financial holdings company with the delisting, transfer, and re-listing of all shares to the Sterling Financial Holdings Company on the floor of the Nigerian Exchange. The relisting signifies […]
Geregu Power Lists On NGX Main Board
By Olatunde Dodondawa Nigerian Exchange Limited (NGX) has announced the listing by the introduction of Geregu Power Plc (GEREGU) on the Main Board of The Exchange on Wednesday, 5 October 2022. A total of 2.5 billion ordinary shares of Geregu were listed at N100 per share, under the Utility […]
Sterling Positions For Expansion With New Structure
By Olatunde Dodondawa With the unanimous support received from its shareholders, Sterling Bank, soon to be known as Sterling Financial Holdings Company, is firmly positioned to expand its financial services footprint from traditional banking and deliver more value to its shareholders. According to the publicly available filings reviewed from the […]
NNPC Commends PTD’s Maturity, Patriotism, Says We’ll Actively Participate In Quick And Effective Solution
By Olatunde Dodondawa …As PTD Calls Off Planned Strike The Nigerian National Petroleum Corporation (NNPC) has commended Petroleum Tanker Drivers’ maturity, patriotism, and steadfastness in answering the corporation’s call to call off its planned strike. The planned strike is about the condition of roads in various parts of Nigeria which […]
Investors Make Over N700Bn From Dividends In Capital Market YTD
By Olatunde Dodondawa Investors have earned over N700Billion from dividend payout by companies listed on Nigerian Exchange (NGX of the Exchange) Limited. So far, 58 companies across ten sectors of quoted companies on The Exchange have paid out N732,915,168,509.29. This is broken down as follows: financial services (21), consumer goods […]
Seplat Grows Half Year Profit Before Deferred Tax By 142.7%
By Olatunde Dodondawa …declares interim dividend of 2.5 per cent share Seplat Energy Plc recorded an impressive half year (H1) 2021 scorecard with profit before deferred tax (PBT) of $62.1million, representing an increase of 142.7percent as against H1’20. Highlights of the company’s financial further show that revenue went up 32percent […]
NGX, Greenwich Securities and Africa Prudential Collaborate on Retail Investor Workshop
By Olatunde Dodondawa Nigerian Exchange (NGX) Limited continues to promote investor education with its Retail Investor Workshop, the latest of which held on Wednesday, 14 July 2021. The webinar which was hosted in collaboration with Greenwich Securities Limited and Africa Prudential Plc was themed, Realizing Income from Your Investments, Dividends […]