NGX All-Share Index slips by 0.43%
Thursday, March 24, 2022, the Lagos bourse reversed gains from the previous trading session as the All-Share index lost 0.43% – the largest single day loss since 27 January 2022 – to close at 46,961.62 points – the lowest point…
Fintechs, Merchants hail Fidelity Bank for PayGatePlus Solution
Nigerian banking giant, Fidelity Bank Plc, has continued to receive commendations for simplifying digital payments and customer satisfaction following the recent launch of PayGatePlus. Business Hilights reports that the platform is a one-stop solution for payments that caters essentially for…
NGX All-Share Index continues downward trend, loses 0.20%
For the fourth consecutive session, the Lagos bourse maintained the downward trend as the All-Share index closed 0.20% weaker to close at 47,156.56 points, the lowest level since 8 March 2022. Selloffs in index heavyweight, NESTLE (-2.79%) drove the market…
No Nigerian bank can match Access Bank in next 2 years—Analyst
Since last week’s release of Access Bank results, many industry pundits have continued to review the statistics churned out by the bank. The Chief Executive Officer, APT Securities & Funds Limited, Mallam Garba Kurfi has averred that Access Bank has…
Fidelity Bank, OnePipe partner to empower businesses with Payment Solution
In a bid to deepen positive customer experience and create new opportunities for businesses to grow revenue, Fidelity Bank, in collaboration with OnePipe, launched payment gateway PayGatePlus on Wednesday, March 16, 2022, at the Eko Hotel & Suites in Lagos….
NGX taps into NUGA Games to engage Future Capital Market Players
The Chief Executive Officer, Nigerian Exchange Limited (“NGX” or “The Exchange”), Temi Popoola has expressed the organization’s interest in grooming the next generation of capital market players. He disclosed this during a Digital Closing Gong Ceremony to commemorate the 26th…
NGX All-Share Index sustains losing streak, down 7bps on Monday
Opening Monday, March 21, 2022, Nigerian equities sustained its losing streak for the third consecutive session as the benchmark index lost 0.07% to close at 47,251.93 points. Losses in UBA (-1.27%), GTCO (-0.19%) and WAPCO (-0.21%) were sufficient to erode…
Access Bank records 51.13% growth in group profit in 2021
Nigeria’s leading bank, Access Bank Plc has released its audited consolidated and separate financial statements for the year ended 31 Dec 2021with 51.13% growth in group profit for the year to N160.216 billion from N106.010 billion in 2020. Group gross…
NGX All-Share Index closes last week in the red, down 0.33% w/w
Closing the week; Monday March 14 to 18 in the red, the domestic bourse ended Friday 0.15% weaker, bringing the All-Share Index to close at 47,282.67 points – the lowest point since 8 March 2022. Selloffs in index heavyweights, BUAFOODS…
NGX All-Share Index slips, down 2bps on Thursday trading
Yesterday, Thursday, the Lagos bourse reversed some of the previous session’s gains as the benchmark index slipped by 0.02% to close at 47,353.22 points. Renewed selloffs in SEPLAT (-3.13%) drove the market’s weak performance. In addition, losses in NB (-1.98%)…
