Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... CAVERTON 10.00  FBNH 10.00  FLOURMILL 9.99  RTBRISCOE 9.93  NESTLE 9.88  SCOA 9.83  ETRANZACT 9.59  UPDC 9.46  LEARNAFRCA 7.74  ABCTRANS 7.59  VSPBONDETF -24.81  STANBICETF30 -10.00  DAARCOMM -8.86  ETERNA -8.14  UNIVINSURE -7.69  SOVRENINS -5.97  INTBREW -5.32  OMATEK -5.26  CORNERST -4.90  ELLAHLAKES -4.15 
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Daily Business News Brief
(Source: GlobalView Capital Limited, Date: 04-Sep-2024)

Daily Business News Brief 

September 4th, 2024
Equity market sustains rally with N45bn gain - Punch

The Nigerian Stock Exchange sustained its bullish momentum on Tuesday, with investors pocketing a N45bn gain.
The index rose by 0.08 per cent to close at 96,873.74 and the market capitalisation rose to N55.65tn.
Despite the positive investors' sentiment, the market breadth closed negative as 29 equities gained, while 30 equities saw declines in their share prices .........Read-More

NGX Oil & Gas Index Outpaced Others with 22.39% Growth in August - Thisday

Despite notable fluctuations across the Nigerian Exchange Limited (NGX) sector indicators in August 2024, the NGX Oil & Gas Index bulked the trend with an impressive 22.39 per cent gain.
This index, which includes eight prominent Oil and Gas Marketing companies;........Read-More

H1 2024: Stanbic IBTC Holdings Reports N116.4bn Profit - Thisday

Stanbic IBTC Holdings Plc, yesterday announced its audited half year ended June 2024 result and accounts to investing public, reporting N116.4 billion profit after tax, about 71.3per cent increase from N67.92 billion reported in half year ended June 2023........Read-More

NCC grants Airtel Nigeria licences to boost connectivity - Punch

The Nigerian Communications Commission has granted Airtel Nigeria Telesonic Limited, a subsidiary of Airtel Africa, three telecom licences.
According to information obtained from the NCC's website on Tuesday, the licences include National Long Distance, Internet Service Provider, and Sales & Installation Major licences........Read-More

Nigerian Breweries launches N599b rights issue- The Nation

Nigerian Breweries (NB) Plc has opened acceptance list for its N599.1 billion rights issue, in the biggest recapitalisation programme by existing shareholders of a company.
NB is offering 22.61 billion ordinary shares of 50 kobo each to existing shareholders at N26.50 per shar..........Read-More

Oando vows legal action on NAOC transactions - Punch

Oando Plc has vowed to take legal action against recent false claims concerning the NAOC/Oando transaction timelines.
The company, in a statement filed with the Nigeria Exchange on Monday, had issued a formal response to the allegations, which were widely circulated on various media platforms.........Read-More

Oando director resigns - Punch

Oando Plc has announced the resignation of Mr Tanimu Yakubu as a non-executive director of Oando Plc to undertake a national assignment with the Federal Government.
In a statement by the Chief Compliance Officer & Company Secretary, Ayotola Jagun, noted that Yakubu was appointed to the board on June 30, 2015.........Read-More

United Capital Trustees appoints CEO - The Nation

United Capital Trustees, a subsidiary of United Capital Group, has appointed Mr Michael Thomas as its Managing Director.
The company yesterday stated that the appointment followed a rigorous approval process by the Securities and Exchange Commission (SEC).........Read-More

Sovereign Trust Insurance pays N1.9bn claims in H1 - The Sun

Sovereign Trust Insurance Plc has disclosed that it paid N1,906,699,233.35 (one billion, nine hundred and six million, six hundred and ninety-nine thousand, two hundred and thirty-three naira, thirty-five kobo) in claims during the first half of 2024. The amount was disbursed across 1,455 claims, covering a broad spectrum of policies through its branches nationwide.........Read-More

Top News

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (12-Sep-2024 15:07:52.200)

INFOWARE TERMINAL
12-Sep-2024 15:07:52.000

InfoWARE Analyst Daily Market Report (12-Sep-2024 15:07:47.807)

INFOWARE TERMINAL
12-Sep-2024 15:07:47.000

[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES

NGX
12-Sep-2024 13:14:41.000

[MERGROWTH]>> DAILY INDICATIVE PRICES

NGX
12-Sep-2024 12:35:55.000

[XNSA]>> TERMINATION OF APPOINTMENT OF MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER

NGX
12-Sep-2024 12:35:55.000

[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>

NGX
12-Sep-2024 12:25:06.000

[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES

NGX
12-Sep-2024 10:54:22.000

[GREENWETF]>> DAILY INDICATIVE PRICES

NGX
12-Sep-2024 10:22:14.000

[XNSA]>> APPOINTMENT OF A MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER (KINLEY SECU

NGX
12-Sep-2024 10:22:12.000

[VETINDETF]>> DAILY INDICATIVE PRICES

NGX
12-Sep-2024 10:22:11.000

[LOTUSHAL15]>> DAILY INIDCATIVE PRICES

NGX
12-Sep-2024 10:22:11.000

[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR SEP 12, 2024, OPENING QUOTES

NGX
12-Sep-2024 10:22:11.000

[XNSA]>> LISTING OF FGN SAVINGS BONDS FOR AUGUST 2024

NGX
12-Sep-2024 10:22:10.000

Breaking News! Bears Momentum Alert (12-Sep-2024 11:20:55.033)

INFOWARE TERMINAL
12-Sep-2024 11:20:55.000

[UNIVINSURE]>>Corporate Disclosures-<UNIVERSAL INSURANCE PLC>

NGX
12-Sep-2024 10:11:21.000

[XNSA]>> CIS: 28TH ANNUAL STOCKBROKERS' CONFERENCE

NGX
12-Sep-2024 10:00:40.000

[SOVRENINS]>>Corporate Disclosures-<SOVEREIGN TRUST INSURANCE PLC>

NGX
12-Sep-2024 09:26:20.000

Breaking News! Unusual Volume Alert (12-Sep-2024 10:20:59.442)

INFOWARE TERMINAL
12-Sep-2024 10:20:59.000

Breaking News! Bulls Momentum Alert (12-Sep-2024 10:20:55.013)

INFOWARE TERMINAL
12-Sep-2024 10:20:55.000

[XNSA]>> ACTIVATION OF CODE FOR TRADING IN RIGHTS OF NIGERIAN BREWERIES PLC

NGX
12-Sep-2024 08:12:29.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (11-Sep-2024 15:09:50.912)

INFOWARE TERMINAL
11-Sep-2024 15:09:50.000

InfoWARE Analyst Daily Market Report (11-Sep-2024 15:09:46.625)

INFOWARE TERMINAL
11-Sep-2024 15:09:46.000

[NEWGOLD]>>Corporate Disclosures-<NEWGOLD EXCHANGE TRADED FUND (ETF)>

NGX
11-Sep-2024 13:40:10.000

[GUINNESS]>>Notice of Meeting -<GUINNESS NIG PLC>

NGX
11-Sep-2024 13:40:05.000

Breaking News! Unusual Volume Alert (11-Sep-2024 14:21:20.621)

INFOWARE TERMINAL
11-Sep-2024 14:21:20.000

Breaking News! Bulls Momentum Alert (11-Sep-2024 14:21:07.630)

INFOWARE TERMINAL
11-Sep-2024 14:21:07.000

Breaking News! Bears Momentum Alert (11-Sep-2024 14:21:06.969)

INFOWARE TERMINAL
11-Sep-2024 14:21:06.000

[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES

NGX
11-Sep-2024 12:50:01.000

[MERVALUE]>> DAILY INDICATIVE PRICES

NGX
11-Sep-2024 12:50:00.000

[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES

NGX
11-Sep-2024 11:24:08.000
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