Tag
NGX
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.
The Board of Beta Glass Plc has appointed Mr. Denis SImonin as an Independent Non-Executive Director of the company.
UPDC Real Estate Investment Trust (REIT) Plc one of trust funds quoted on the Nigerian Exchange Group Plc (NGX) recorded a loss of 17.43% at the end of the first trading week of July as the domestic bourse came under sell pressure.
The Nigerian Exchange (NGX) on July 4 recorded a slight decline, as the All-Share Index closed at 100,063.32 points, from the opening 100,299.48 points.
The Nigerian Exchange was the best-performing stock market in Africa in the first half of 2024, with a 33.81% growth in its All-Share Index.
Fidelity Bank will issue an additional 8.2 billion shares, worth about N78.35 billion as the bank anticipates an oversubscription of its combined offering.
Equities trading on the Nigerian Exchange Limited (NGX) finished the first half of 2024 (January-June) with notable positivity, driven by a significant surge in investor confidence in listed corporations.
Conoil Plc has recorded a 99% growth in its profit after tax to N9.87 billion in 2023, from N4.96 billion as of FY 2022.
Three publicly traded cement companies listed on the Nigerian Exchange Group Plc (NGX) achieved a combined gain of N7.344 trillion by the end of the first half of 2024.
In the first half of 2024, the Nigerian Exchange (NGX) advanced by 33.81%. The All-Share Index concluded the first half of the year at 100,057.49 points, a notable increase from its starting position of 74,773.77 points.
NGX Industrial Goods Index, followed with a growth of 73.14% YtD to close H1, 2024 at 4,696.04 basis points.
About 58 companies on the NGX have either distributed or plan to distribute dividends based on their 2023 returns.