Stock Archives

Cadbury’s $7m debt to stock conversion approved by shareholders

The conversion of an outstanding $7.72 million (N7.04 billion) intercompany loan owed to Cadbury Schweppes Overseas Limited, the company’s principal shareholder, to equity has been approved by Cadbury Nigeria Plc’s shareholders. The shareholders gave their approval at the Extraordinary General Meeting, which was held in Lagos recently. The company disclosed that between February 2021 and […]

bfatoyepdnlimited-com
13th February 2024
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Equity market loses N92bn as stocks tumbles

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Nigeria’s stock market crosses 90,000 mark

Nigeria’s stock market is now the greatest in the world, according to a strong close on Wednesday that helped it overcome Argentina, which it trailed last week. BusinessDay reported that the Nigerian Exchange Limited All Share Index climbed 2.38 per cent on Wednesday, reaching the 90,000 mark as bulls dominated trading. The market is up 20.45 per […]

bfatoyepdnlimited-com
18th January 2024
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The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation

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Nigerian Stock Exchange begins 2024 on positive note

The Nigerian Stock Exchange started on a positive note as the All-Share Index broke beyond the 75,000 barrier. The closing value of the All-Share Index was 75,990.88 points, an increase of 1,217.11 points or 1.63%. The market capitalization closed at N41.583 trillion on the first trading day of the year, with equities up N663 billion. […]

aomenyepdnlimited-com
2nd January 2024
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News Tech

CIS, stakeholders to strengthen economy

Bisola David The President of the Chartered Institute of Stockbrokers, Oluwole Adeosun, and other economic stakeholders have suggested that implementing the Public-Private Partnership model and increasing tax revenue, as well as providing liquidity, will boost Nigeria’s GDP growth and development. The Punch reported that the CIS released a statement stating that at the 2023 Annual National […]

aomenyepdnlimited-com
28th November 2023
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42 Views

Tech

All you need to know about tech stocks

Tech stocks have gained significant attention in the investment world due to the rapid growth and potential profitability of tech companies. This comprehensive guide, therefore, covers everything you need to know about tech stocks to make informed investment decisions. What are tech stocks? Tech stocks are shares of companies operating in the technology sector, including […]

jonuorahpdnlimited-com
22nd July 2023
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36 Views

Economy

World stocks mixed as tech stocks crash

A day after major US tech giants’ shares took a hit, the world’s stock markets shook on Friday as investors readied themselves for a week of interest rate decisions. According to Channels News, after a choppy day on the European and Asian stock exchanges, Wall Street ended the week with little movement. For the first […]

bfatoyepdnlimited-com
22nd July 2023
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Business featured

Nigeria’s stock market hits N30trn amid elections

The total market value of Nigerian stocks hit N30 trillion on Monday, amid the uncertainty surrounding the result of Saturday’s general election. BusinessDay reported that Nigerian Exchange Limited All-Share Index and the market capitalisation of equities rised to 55,328.42 points and N30.14 trillion from preceding day’s low of 54,949.21 points and N29.93 trillion respectively. The […]

oojopdnlimited-com
28th February 2023
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46 Views

Nigeria’s promissory notes drop 15.6% in Q1 2025

14m tonnes of platic waste choke oceans yearly

Kano business icon Aminu Dantata dies at 94

China bans non-certified power banks on flights

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