Tag: investors
Zenith Bank shareholders approve HoldCo structure as Ovia lauds investors
The shareholders of Zenith Bank Plc have approved the restructuring of the bank to a holding company.
The shareholders approved the restructuring during a court-ordered...
Investors lose N9bn at stock market
The stock market declined on Friday, April 26, 2024, with profit-taking in stocks such as Zenith Bank, Guaranty Trust Holding Company (GTCO), Wema Bank,...
Investors lose N673bn amidst sell-offs in MTN, other stocks
The Nigerian equity market on Wednesday, April 24, 2024 experienced a downturn, losing N673 billion in market capitalisation due to sell-offs in major stocks...
Investors lose N412bn at equity market
Losses in the stocks of Dangote Sugar and Guaranty Trust Holding Company (GTCO), among others have further weakened the performance of the equity market...
GTCO posts N609.3bn profit, CEO speaks on success
Guaranty Trust Holding Company Plc (GTCO) has reported a Profit Before Tax of N609.3 billion for the financial year ended December 31, 2023.
This represents...
Investors lose N190bn in stock market as banks experience sell-offs
Sell-offs in the shares of Tier-one banks on Wednesday, April 3, 2024, contributed to a 0.32 per cent decline in the Nigerian Exchange Limited...
Stock market transactions drop by 20.04% as investors lose N289bn
The stock market experienced a 20.04 per cent decline in transaction value on Monday, March 25, 2024.
Dangote Sugar and 29 other equities led the...
‘Punishment on investors’: MAN seeks expatriate employment levy’s removal
The Manufacturers Association of Nigeria (MAN) has called for the discontinuation of the Expatriate Employment Levy (EEL) recently introduced by the Federal Government.
MAN said...
Investors oversubscribe CBN’s N1trn OMO bills
The Central Bank of Nigeria (CBN) has concluded a sale of government securities, issuing N1.053 trillion in short-term instruments as part of its liquidity...
Investors raise bid for U.S. retailer Macy’s to $6.6bn
An investor group that offered to buy the struggling United States department store chain Macy's in December and was turned down says it has...
