NGX Group reports Growth of 22.2% in Profit after Tax
Nigerian Exchange Group (“NGX Group” or “The Group”) Plc is pleased to announced that it has released its audited results for the full year ended 31 December 2021, on Tuesday, 01March 2022. The Group’s audited results revealed that its gross…
Zenith Bank’s 2021FY earnings growth remains defensive
ZENITHBANK released its audited 2021FY numbers on Monday, showing that the bank’s earnings growth remained defensive during the period. Specifically, continued improvements in the non-core business segment supported the performance, despite the lingering challenges in the core banking business environment….
Clarifying the Role of NGX Regulation Limited in Listing Price of Issuers
The attention of NGX Regulation Limited (NGX RegCo) has been drawn to a misconception regarding the role of NGX RegCo in determining the listing price of prospective listed companies (Issuers) seeking to list on Nigerian Exchange Limited (NGX). Recently, several…
NGX Inducts 133 New Authorised Dealing Clerks
Nigerian Exchange Limited (“NGX” or “The Exchange”) inducted a total of 133 Authorised Dealing Clerks from 63 Trading License Holder charging them to uphold the highest level of ethics and responsibility. Speaking at the ceremony, the Chief Executive Officer, NGX,…
Nigerian Breweries Plc Q4-21 standalone PAT rose by 939.0% y/y
Following the publication of its 2021FY audited results by Nigerian Breweries Plc, recently, the report revealed that Q4-21 standalone PAT rose by 939.0% y/y to NGN4.46 billion while EPS surged to NGN0.56 (Q4-20: NGN0.05) buoyed by impressive revenue growth (+24.3%…
NGX meets with DMO, CBN on way forward
L – R shows Mr. Lamido Yuguda, Director General, Securities and Exchange Commission (SEC); Ms. Patience Oniha, Director General, Debt Management Office (DMO); Mr. Haruna Jalo-Waziri, Managing Director/CEO, Central Securities and Clearing System Plc (CSCS); Mr. Temi Popoola, CFA, Chief…
EIB backs African private sector impacted by COVID
Private sector investment across Africa, essential to tackle the impact of COVID and unlock sustainable growth, will be accelerated by new financing totalling EUR 62 million confirmed by EIB Global, the new specialised arm of the European Investment Bank (EIB)…
Rewane, others review economy at Stanbic IBTC 2022 Economic Outlook Webinar
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, recently hosted a webinar titled “2022 ‘Virtual Economic Outlook- Investing and planning in an election cycle”. The event which aimed at reflecting on economic trends that shaped 2021 and projecting…
CISI Leverages NGX Digital Closing Gong Ceremony for 30th Anniversary
The Chartered Institute for Securities and Investments (“CISI” or “The Institute”) sounded the closing gong of Nigerian Exchange Limited (NGX or The Exchange) as part of the commemorative activities of its 30th Anniversary on Thursday, 10 February 2022. In delivering…
Ulrich Hörnke joins the QUANTRON AG management team as CFO
Hörnke brings 30 years of international experience with well-known companies such as Mercedes Benz and Fiat Chrysler as well as electric car startups to the e-mobility specialist Hörnke has global experience in Europe, Asia, China and the US and will…
