Nigeria’s financial market has been moving like Lagos on a Monday morning... Busy, unpredictable, yet full of action....
The stock market is like any other market except instead of goods on shelves, what are traded are...
In the world of investing, few metrics spark as much interest as the dividend payout ratio.
Geregu Power Plc has announced a final dividend of N8.50 per ordinary share for the period ending December...
In 2024, the Nigerian Exchange (NGX) demonstrated resilience amidst challenging economic conditions, with the All-Share Index (ASI) posting a 37.65% year-to-date (YtD) gain.
Geregu Power Plc, a key player in Nigeria’s electricity generation sector, saw its market capitalization soar to N2.8 trillion in September 2024, driven by strong investor confidence and bullish market sentiment.
As of August 2024, eight Nigerian stocks have achieved triple-digit Year-to-Date (YtD) gains, highlighting their exceptional performance amid market volatility.
United Capital's share price increased by 31% as of the trading day ending August 21, 2024, from its closing price in July, reaching N17.
Geregu Power Plc recorded a pre-tax profit of N30.2 billion in the first half of 2024, representing a 145% year-on-year increase from the N12.3 billion posted in the same period in 2023.
The NGX has recognized five companies, namely Geregu Power Plc, United Capital, Infinity Mortgage Bank, Briclinks Plc, and Airtel Africa for their high corporate governance practices.
West Power and Gas Ltd, the core investor in Eko Distribution Company, is exploring a potential equity sale of its stake in the power distribution company.
Femi Otedola, chairman of FBN Holdings and principal owner of Geregu Power, has levelled serious accusations against Zenith Bank, alleging fraud and mismanagement in dealings involving his former company, Zenon Petroleum & Gas, and other related firms, according to a report by Premium Times.
