Impressed by the bullish run on the stock market in recent months, the Nigerian Exchange Limited (NGX) recently announced the reclassification of Fidelity Bank Plc from small price stock to medium price stock.
The evaluation upgrade recognised the active contribution...
July 29, (THEWILL) - Transnational Corporation Plc (Transcorp Group) has released its financial results for the first half (H1) of the year ended June 30, 2023, recording commendable growth across all its major indices.
In its financial report filed...
July 28, (THEWILL) - It is clear from the excellent results for the first half of 2023 that Seplat has put its recent travails behind, delivering against its strategy despite the distractions faced as a handful of shareholders orchestrated...
July 28, (THEWILL) - As part of its sustained effort to raise awareness on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act among critical stakeholders in the oil and gas industry, the Nigerian Content Development and Monitoring...
July 27, (THEWILL) - Saudi Arabia is expected to prolong its voluntary one million-barrel oil supply cut into September as it seeks to support the rebound in oil prices. The top OPEC producer introduced the additional cutback this month...
July 26, (THEWILL) - The Development Bank of Nigeria Plc (DBN) has issued a N23 billion bond issuance as part of its N100 billion medium-term bond program to accelerate funding of the critical sectors, especially the micro, small and...
July 26, (THEWILL) - The domestic equities market recorded its first negative performance this week as profit-taking in MTNN (-3.4% against N225.10 share price) drove the benchmark index 0.5% lower to 65,687.16 points against 65,991.02 points on Tuesday.
Market capitalisation...
July 26, (THEWILL) - The Central Bank of Nigeria (CBN) has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies.
A post-no-debit means that all debit transactions, including ATMs and cheques,...
July 25, (THEWILL) - Equities market extended its winning streak for the fourth consecutive session positive on Tuesday, as the benchmark index closed 1.11% stronger at 65,991.02 points against 65,268.28 on Monday.
Gains in MTNN (+5.52%), ZENITHBANK (+0.86%),...
July 25, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the interest rate to 18.75 per cent on Tuesday.
After the committee’s meeting on Tuesday, which is the first without Godwin Emefiele...
