Tag: ngx
Stock market opens bullish,gains N84bn
Stock The Nigerian Exchange Ltd. (NGX) on Monday opened the week positive with N84 billion profit added to the portfolios of investors. Specifically, the market...
Recapitalisation: FBNHoldings opens N150bn rights issue
FBNHoldings Plc has opened its Rights Issue, offering 5.983 billion ordinary shares at 50k each, priced at N25 per share, totaling N150 billion, to existing...
NGX suspends trading of Transcorp shares, investors gain N46bn
The Nigerian Exchange Ltd. (NGX) has suspended trading in the shares of Transnational Corporation Plc (Transcorp), effective Thursday. The NGX, in its weekly...
Investors Scramble for Fidelity Bank’s Offers
Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all...
NGX gains N17bn,increase Market capitalisation to N56.9trn
The Nigerian stock market saw a positive start on Monday, with a gain of N17 billion, bringing the market capitalisation to N56.945 trillion. Specifically, this...
Fidelity Bank eyes oversubscription to N127.1 billion combined offers
Against the background of groundswell of supports and enthusiasm for the bank’s ongoing offers, Fidelity Bank Plc has started preparations to allow the bank...
Investors lose N103bn as insurance, banking stocks decline
The NGX Insurance Index led the losers during the Sallah holiday-shortened week, falling by 1.32 per cent week-on-week. This contributed to a 0.18 per cent...
Stock Market:Fidelity Bank gets CG+Rating
Fidelity Bank Plc has been awarded CG + rating. The Stock market rating is as a result of its compliance with the highest corporate governance standards as the...
Fidelity Bank: Improved Share Price as Growth Indicator
Photo Caption: Nneka Onyeali-Ikpe,Fidelity bank MD When the management of the Nigerian Exchange Limited (NGX) in July 2023 announced that it was reclassifying Fidelity...
Transcorp Power To List On NGX
Transnational Corporation Plc has announced the listing of its subsidiary, Transcorp Power Plc, via listing by introduction on the Main Board of the Nigerian...
