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Nigerian Stock Market

Seplat Energy Declares US3 Cents Interim Dividend Amid 59.3% Dip in PBT

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Date28 Jul 2023
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Seplat Energy Plc has announced that it would pay its shareholders and interim dividend (H1’2023) of United State Three Cents (US3 Cents), despite a sharp decline in Profit Before Tax (PBT) in H1’2023. The Company’s financial statement made available on...
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The Nigerian Equities Market Pointed Northwards on Thursday as Investors injected over N94.47 billion into stocks.

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Date20 Jul 2023
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Nigerian Equities Market pointed northwards on Thursday as investors injected over N94.47 billion into stocks, (UBA N13.306 billion). The NGX All-Share Index appreciated by 0.27% to close at N63,930.72 from 63,757.23 points. The bullish outing was driven by bargain-hunting in...
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Rising Food and Energy Prices Drive Nigeria’s Inflation to 22.79% in June’23

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Date18 Jul 2023
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Headline Inflation Rising prices of food items, occasioned by petrol subsidy removal, among others, have driven the rate of inflation to an all-time high, 22.79% compared with 22.41% in May’23. According to the latest Consumer Price Index (CPI), report by...
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Like the Biblical Dry Bone, Nigeria’s Capital inflow can Rise Again if…  

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Date10 Jul 2023
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According to the #Nigeria Bureau of Statistics (NBS), the total #capital importation into Nigeria in Q1 2023 stood at $1,132.65 billion, a 28% decrease compared to $1,573.14 billion recorded in Q1 2022. When compared to the preceding quarter, the nation’s...
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Nigerian Equities Market Closes H1’23 in the Green, NGX All-Share Index Up 298bps.

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Date03 Jul 2023
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The Local Bourse closed H1’2023 in the positive territory, as the NGX All-share Index & Market Capitalization appreciated by 2.98% to close at 60,968.27 points and N33.20 trillion from 59,206.63 points and N32.24 trillion respectively. Year-to-Date return stood at 18.96%...
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