As of November 30, 56 stocks listed on the Nigerian Exchange (NGX) outperformed the All-Share Index (ASI) year-to-date (YTD), according to Nairametrics Research.
Conoil Plc has announced a dividend of N3.50k (three naira fifty kobo) per share from its 2023 profits, payable to shareholders recorded in the company’s books by November 18, 2024.
The Nigerian All-Share Index (ASI) closed the trading day on a positive note, climbing 311.33 points to settle at 97,236.19, a leap above the 97,000-point threshold despite a dip in market activity.
The Nigerian All-Share Index (ASI) ended the trading day on a positive note, gaining 90.09 points to close at 96,924.86.
Mike Adenuga, Nigeria’s second-richest man and owner of Globacom, has emerged as one of the biggest winners in the billionaire ranks in 2024, recording a substantial increase in his net worth.
Oil and gas as well as banking stocks were some of the biggest losers in the Nigerian Exchange (NGX) during the week ending May 18, 2024.
Conoil, a stalwart in Nigeria's oil and gas sector, has recently captured the attention of investors with its impressive share price surge.
Mike Adenuga has seen a setback, with a $300 million decrease in his net worth, now estimated at $3.3 billion at the time of this report.
Just three months following the "subsidy has been removed" directive and the unification of the exchange rate, businesses, sectors, industries, and the Nigerian populace have been actively grappling with the consequences and challenges that have arisen.
Port-Harcourt-based oil and gas servicing firm, Eastline Energy Resources Limited, has initiated a class action lawsuit against Conoil
Five Nigerian oil companies recorded a 4.6% decrease in post-tax profits, despite a 31.3% increase in revenue due to high operating costs.
The Nigerian equities market rallied by 4.82% in February 2023, defying election uncertainties, data from the Nigerian Exchange has shown
