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NGX
Geregu Power Plc said it has projected to generate N15.135 billion in revenue for the third quarter ending September 2023.
Unity Bank Plc said it is targeting to achieve N19.864 billion in gross earnings during the third quarter of 2023.
The market capitalization of the top five banks in Nigeria, otherwise known as the tier-1 banks or FUGAZ, appreciated by 0.24% to close the week at N3.01 trillion.
The NGX All-Share Index and Market Capitalization appreciated by 0.20% to close the week at 55,930.97 and N30.455 trillion respectively.
ASI traded 0.04% lower to close at 55,930.97 index points as against 55,956.59 index points recorded in the previous day’s trading session.
ASI traded 0.12% lower to close at 55,956.59 index points as against 56,024.52 index points recorded in the previous day’s trading session.
ASI) traded 0.02% lower to close at 56,024.52 index points as against 56,038.85 index points recorded in the previous day’s trading session.
ASI traded 0.41% higher to close at 56,038.85 index points as against 55,806.71 index points recorded in the previous day’s trading session.
ASI traded 0.02% lower to close at 55,806.71 index points as against 55,820.50 index points recorded in the previous day’s trading session.
Shareholders will receive N17.88 per scheme share as a consideration for share transfer with the planned acquisition of shares held.
The Chief Executive Officer, of NGX Regulation Limited, a subsidiary of Nigerian Exchange Group Plc, Tinuade Awe, has stated that companies must have proper nomination guidelines in place to ensure strict adherence to the Companies and Allied Matters Act (CAMA) 2020 laws.
The Nigerian Exchange (NGX) closed bullish as the All-Share Index appreciated by 5.37% in the week ended 2nd June 2023.