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The Nigerian Exchange Regulation Limited (NGX RegCo) has suspended trading on nine companies listed in the stock market, a move that will negatively impact the investment of shareholders in the firms,
THE STANDARD BUSINESS Crown Paints Group Vice-Chairman Hussein Ramji attend the virtual 63rd annual general meeting. Crown Paints Plc will use the Sh711.80 million being raised via the rights issue to salvage its subsidiaries in Uganda, Rwanda and Tanzania, which the paint and coating firm revealed are struggling with debt. Just a year after the company wrote off Sh653 million it had invested in its subsidiaries in Uganda and Tanzania, the Nairobi Security Exchange (NSE) listed firm has now turned to its shareholders for more capital. The company did write off Sh374 million for Crown Paints ...
Joseph Olaoluwa Berger Paints Plc has witnessed a drop in its earnings for the full-year ended December 2020. This is according to the unaudited ...
Punch Newspapers Sections Johnson Okafor The equity market, on Monday, returned to positive territory as the Nigerian Stock Exchange All-Share Index and market capitalisation rose by 0.08 per cent. The market breadth closed on a positive note with 28 gainers against 24 decliners. The ASI grew by 30.56 basis points or 0.08 per cent from 40,120.22bps last Friday to 40,150.78bps on Monday while the market capitalisation of equities appreciated by N16bn to close at N20.99tn from N20.98tn. On the activity chart, the insurance subsector dominated in volume terms with 153.12 million shares exchanged...