Transcorp Power Plc Appoints Faith Tuedor-Matthews, Charles Odita, as Independent Non – Executive Directors

Transcorp Power Plc (Transcorp Power), the electricity generating subsidiary of Nigeria’s leading, listed conglomerate, Transnational Corporation…

Living Trust Mortgage Bank appoints Dr. Wale Bolorunduro as Non-Executive Director

LivingTrust Mortgage Bank Plc has notified the Nigerian Exchange Limited and members of the investing public…

Stock Market Review: April 22, 2024

Ruth Ibikunle The Nigerian stock market last week closed lower by 2.71%. Year to date, the…

NGX Group Corporates seek Government’s intervention in manufacturing sector

Nigerian Exchange Group and some listed companies have sought the intervention of the Federal Government to…

Stock market sheds 2.71%, investors’ wealth declines by N1.57trn WtD

Toyin Samuel Trading on the floor of the Nigerian Exchange last week closed bearish as Dangote…

Adeduntan Adesola resigns as MD/CEO of First Bank

Dr. Adesola Adeduntan has resigned from his position as Managing Director of First Bank Limited, effective…

President Tinubu Appoints Board of Securities and Exchange Commission

President Bola Tinubu has approved the appointment of the following Nigerian professionals to the Board of…

CBN reduces Loan-to-Deposit Ratio (LDR) to 50%

The Central Bank of Nigeria has directed all Deposit Money Banks to reduce the Loan-to-Deposit Ratio…

Ecobank Transnational Incorporated repays $500m Eurobond due 18 April 2024

Ecobank Transnational Incorporated (ETI) has notified the Nigerian Exchange and the investing public that the Company…

International Breweries Plc approves conversion of $379.9m loan to equity

International Breweries Plc has notified the Nigerian Exchange and investing public that the shareholders of the…

Proposed merger of NASCON, Dangote Sugar and Dangote Rice suspended

NASCON Allied Industries Plc has notified the Nigerian Exchange Limited and the investing public, that further…

Stock market declines marginally by 0.06%

Thursday’s trading activities on the floor of the Nigerian stock market closed bearish as the All…

Transcorp Hotels Plc announces divestment from Transcorp Hotels Calabar Limited

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), has announced the divestment…

Discos generated N294.95bn in Q4 2023, customer base increased by 3.46%

Electricity report recently published by the National Bureau of Statistics has revealed that the total customer…

Transcorp Power Plc reports N21.14bn post tax profit in Q1 2024

Transcorp Power Plc on Wednesday published its First Quarter report for the period ended 31 March…

Market halts 8 days of consecutive losses, inches up by 0.10%

The Nigerian stock market on Wednesday halted eight consecutive session of losses to close on a…

Presidential Conditional Grant: FG Commences Disbursement

The Federal Government has commenced the disbursement process for the Presidential Conditional Grant scheme. The scheme…

Nigerian Breweries indicates plans for company-wide reorganisation as part of strategic recovery plan

Nigerian Breweries Plc has indicated plans for a company-wide reorganisation aimed at securing a resilient and…

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