nigeria

Date: June 25, 2024 Financial Year: - 2023 Ordinary Business: 1. Reports Laid Before Shareholders: - The Board of Directors presented the Report of the Directors, the Audited Financial Statements, and the Reports of the Auditors and the Audit Committee for the year ended December 31, 2023...

Key Highlights: Market Capitalization: Transcorp Hotel has rejoined the exclusive N1 trillion market capitalization club, known as the SWOOTs (Stocks Worth Over One Trillion).Share Price: The stock gained 9.33% on June 24, closing at N98.40 per share.Market Cap: This increase brought Transcorp...

Meeting Date: June 24, 2024 Directors Present: - Chairperson: Ifeoma Chuks-Adizue - Managing Director: Udo Okonjo - Directors: Vitus Ezinwa, Folasope Aiyesimoju, Bolarin Okunowo, Muhibat Abbas, Babs Omotowa, Debola Badejo Key Resolutions and Actions Taken: 1. Presentation of Financial...

Date and Location: - Date: June 21, 2024 - Location: Festival Hotel, Kaduna Road, Amuwo Odofin Estate, Festac, Lagos Contact Information: - Address: Custodian House, 16A Commercial Avenue, Sabo Yaba, Lagos - P.O. Box: 21011, Lagos - Telephone: 277 4000-7, 270 7206-11, 279 3740-4 - Email...

Date and Location: - Date: Thursday, 20th June 2024 - Location: Oranmiyan Hall, Lagos Airport Hotel, 111 Obafemi Awolowo Way, Ikeja, Lagos Contact Information: - Address: Plot 16, Akanni Doherty Layout (Billings Way), P.M.B. 21111, Oregun Ind. Estate, Oregun, Ikeja, Lagos State, Nigeria. -...

- Announcement Date: June 24, 2024 Key Announcements: 1. Board Meeting Schedule: - The Board of Directors of Guaranty Trust Holding Company Plc (GTCO) is scheduled to meet on July 30, 2024. - The purpose of the meeting is to consider and approve the Audited Financial Statements for the...

Key Points - Accusations Against IOCs: - Aliko Dangote’s refinery faces alleged sabotage from International Oil Companies (IOCs). - These companies are accused of raising local crude prices above market rates, forcing the Dangote refinery to import crude at higher costs from the United...

The equity price of *AIRTEL AFRICA PLC* was adjusted today *24th June 2024* for a dividend of *N53.05* as recommended by the company's Board of Directors. The last close price was *N2,150.00* while the Ex-div price is *N2,096.95* Price was rounded up to *N2,097.00* for conformity. The...

SIGNIFICANT FINANCIAL EVENT: THE NAIRA DEVALUATION IN JUNE 2016 EVENT OVERVIEW: The significant devaluation of the Nigerian Naira occurred in June 2016. The official float was announced on June 20, 2016, and the naira devalued to around ₦280/$1 the following day. However, there was also a...

RESOLUTIONS PASSED AT UAC OF NIGERIA'S ANNUAL GENERAL MEETING ON JUNE 20, 2024 At the Annual General Meeting (AGM) of UAC of Nigeria PLC held on June 20, 2024, at Festival Hotel, Diamond Estate, Amuwo Odofin, Lagos, the following resolutions were passed in respect to the 2023 financial year...

SUMMARY: Tony Elumelu, Group Chairman of Heirs Holdings, reaffirmed the group's dedication to sustainable impact during the HH Group Summit in Abuja. Emphasizing long-term investment and strong corporate governance, Elumelu highlighted their commitment to transforming Africa. The Vice President...

*The equity price of the following securities were adjusted today *19th June 2024* for a dividend as recommended by the companies' Board of Directors. *S/N Security Closure Date. Close Price Dividend Bonus. Ex-div Price* 1 CONHALL 06/17/2024. N1.44...

Hi Everyone. Last week, we started a conversation on commercial papers and we defined what it is, how it works and how to plug into it. Today, we continue by looking at tax implications and other vital information. Shall we? TAX IMPLICATIONS FOR INVESTORS Investors in commercial paper benefit...

Overview: The Securities and Exchange Commission (SEC) has mandated all capital market operators (CMOs) to implement an enterprise risk management (ERM) framework that aligns with internationally recognized standards. This directive aims to bolster risk management practices within the capital...

Super Eagles forward Taiwo Awoniyi took to social media to share a heartwarming throwback photo of himself and his wife as they celebrated their 6th wedding anniversary. The 26-year-old striker married his partner Taiwo Jesudun in an engagement and traditional wedding in Kabba, Kwara state...

Overview: Dangote Sugar Refinery has successfully issued Series 4 and 5 Commercial Paper notes to raise a total of N42.79 billion. This issuance is part of the company's N150 billion Commercial Paper Issuance Programme. Details of the Issuance: - Total Amount Raised: N42.79 billion - Series 4...

Summary: The Nigerian National Petroleum Company (NNPC) Limited has filed a motion in the High Court of the Federal Capital Territory, Abuja, to discontinue its ongoing legal action against several subsidiaries of Mobil Nigeria and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...

The equity price of *INDUSTRIAL AND MEDICAL GASES NIGERIA PLC* was adjusted today *14th of June 2024* for a dividend of *N0.50* as recommended by the company's Board of Directors. The last close price was *N12.50* while the Ex-div price is *N12.00*

Mark your calendars! The 17th and 18th of June, Monday and Tuesday, are public holidays in celebration of Eid-el-Kabir. Let's use this time to strategize and plan our trades accordingly. Enjoy the break and happy trading!

NGX TRADING SUMMARY FOR THURSDAY, JUNE 13, 2024 Market Overview: - Total Shares Traded: 502,599,278 - Total Deals Executed: 9,686 - Total Market Value: NGN 8,653,032,209.43 - Market Capitalization: NGN 56.5 trillion Comparison with Previous Trading Day (June 11, 2024): - Volume Decline: 41% -...