Izuchukwu Okoye, Author at Nairametrics Destination for Business news and analysis from Africa's largest economy Sat, 17 Aug 2024 10:27:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Izuchukwu Okoye, Author at Nairametrics 32 32 201037849 Nigeria’s NGX Index drops 1.51% as investors react to results and Inflation data https://nairametrics.com/2024/08/17/nigerias-ngx-index-drops-1-51-as-investors-react-to-results-and-inflation-data/ https://nairametrics.com/2024/08/17/nigerias-ngx-index-drops-1-51-as-investors-react-to-results-and-inflation-data/#respond Sat, 17 Aug 2024 10:27:18 +0000 https://nairametrics.com/?p=495985 The Nigerian Stock Market (NGX) All-Share Index and market capitalization fell by 1.51% this week, closing at 97,100.31 points and N55.132 trillion, respectively, as investors weighed mixed corporate earnings, dividend announcements, and a slight dip in inflation.

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]]> https://nairametrics.com/2024/08/17/nigerias-ngx-index-drops-1-51-as-investors-react-to-results-and-inflation-data/feed/ 0 495985 Presco shares climb to N477, as gaining streak continues   https://nairametrics.com/2024/08/17/presco-shares-climb-to-n477-as-gaining-streak-continues/ https://nairametrics.com/2024/08/17/presco-shares-climb-to-n477-as-gaining-streak-continues/#respond Sat, 17 Aug 2024 07:24:12 +0000 https://nairametrics.com/?p=495974 Presco PLC ends another trading week in the green as its share price increases, continuing a three-month bull run. 

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]]> https://nairametrics.com/2024/08/17/presco-shares-climb-to-n477-as-gaining-streak-continues/feed/ 0 495974 BREAKING: Seplat shares prices crosses N4,000 for the first time ever https://nairametrics.com/2024/08/15/breaking-seplat-shares-prices-crosses-n4000-for-the-first-time-ever/ https://nairametrics.com/2024/08/15/breaking-seplat-shares-prices-crosses-n4000-for-the-first-time-ever/#respond Thu, 15 Aug 2024 09:40:07 +0000 https://nairametrics.com/?p=495845 Seplat Nigeria Plc has crossed the N4,000 share price for the first time ever, marking a 9% gain in early trading on Thursday.

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]]> https://nairametrics.com/2024/08/15/breaking-seplat-shares-prices-crosses-n4000-for-the-first-time-ever/feed/ 0 495845 Julius Berger’s share price climbs by 34.02% in two weeks  https://nairametrics.com/2024/08/14/julius-bergers-share-price-climbs-by-34-02-in-two-weeks/ https://nairametrics.com/2024/08/14/julius-bergers-share-price-climbs-by-34-02-in-two-weeks/#respond Wed, 14 Aug 2024 06:37:30 +0000 https://nairametrics.com/?p=495746 Julius Berger closed trading on August 13, 2024, at a share price of N130.00, continuing a strong upward trend that has gained momentum since the start of the month.  

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]]> https://nairametrics.com/2024/08/14/julius-bergers-share-price-climbs-by-34-02-in-two-weeks/feed/ 0 495746 Coronation’s pre-tax profit soars to N2.6 billion in the second quarter of 2024  https://nairametrics.com/2024/08/13/coronations-pre-tax-profit-soars-to-n2-6-billion-in-the-second-quarter-of-2024/ https://nairametrics.com/2024/08/13/coronations-pre-tax-profit-soars-to-n2-6-billion-in-the-second-quarter-of-2024/#respond Tue, 13 Aug 2024 08:46:19 +0000 https://nairametrics.com/?p=495680 Coronation Insurance posted a pre-tax profit of N2.6 billion in its recently published financial statement for the second quarter of 2024. 

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]]> https://nairametrics.com/2024/08/13/coronations-pre-tax-profit-soars-to-n2-6-billion-in-the-second-quarter-of-2024/feed/ 0 495680 Custodian Investment to pay 15 kobo in dividend to shareholders, registration deadline announced  https://nairametrics.com/2024/08/12/custodian-investment-to-pay-15-kobo-in-dividend-to-shareholders-registration-deadline-announced/ https://nairametrics.com/2024/08/12/custodian-investment-to-pay-15-kobo-in-dividend-to-shareholders-registration-deadline-announced/#respond Mon, 12 Aug 2024 07:53:49 +0000 https://nairametrics.com/?p=495616 Custodian Investment PLC announced the date it expects shareholder names to appear in its books in August. 

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]]> https://nairametrics.com/2024/08/12/custodian-investment-to-pay-15-kobo-in-dividend-to-shareholders-registration-deadline-announced/feed/ 0 495616 Prestige Assurance approves dividend payments for 2024, selects two external auditing companies  https://nairametrics.com/2024/08/10/prestige-assurance-approves-dividend-payments-for-2024-selects-two-external-auditing-companies/ https://nairametrics.com/2024/08/10/prestige-assurance-approves-dividend-payments-for-2024-selects-two-external-auditing-companies/#respond Sat, 10 Aug 2024 10:02:14 +0000 https://nairametrics.com/?p=495557 Prestige Assurance held its Annual General Meeting (AGN) on August 8, 2024, to make resolutions needed in the company for the rest of the year. 

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]]> https://nairametrics.com/2024/08/10/prestige-assurance-approves-dividend-payments-for-2024-selects-two-external-auditing-companies/feed/ 0 495557 Airtel buys back 406,000 more of its own shares as second-quarter pre-tax profit soars by 133.6%  https://nairametrics.com/2024/08/08/airtel-buys-back-406000-more-of-its-own-shares-as-second-quarter-pre-tax-profit-soars-by-133-6/ https://nairametrics.com/2024/08/08/airtel-buys-back-406000-more-of-its-own-shares-as-second-quarter-pre-tax-profit-soars-by-133-6/#respond Thu, 08 Aug 2024 10:02:14 +0000 https://nairametrics.com/?p=495457 On August 7, 2024, Airtel Africa announced the purchase of more of its shares from Citigroup Global Markets as part of its share buyback program. 

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]]> https://nairametrics.com/2024/08/08/airtel-buys-back-406000-more-of-its-own-shares-as-second-quarter-pre-tax-profit-soars-by-133-6/feed/ 0 495457 MeCure reports 38% rise in revenues as cost mute profit growth   https://nairametrics.com/2024/08/08/mecure-reports-38-rise-in-revenues-as-cost-mute-profit-growth/ https://nairametrics.com/2024/08/08/mecure-reports-38-rise-in-revenues-as-cost-mute-profit-growth/#respond Thu, 08 Aug 2024 06:56:35 +0000 https://nairametrics.com/?p=495443 MeCure Industries PLC released its 2024 second quarter results, reporting a pre-tax profit of N1.33 billion. 

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]]> https://nairametrics.com/2024/08/08/mecure-reports-38-rise-in-revenues-as-cost-mute-profit-growth/feed/ 0 495443 AXA Mansard’s pre-tax profit grows by 57.79% in the second quarter of 2024, as revenue skyrockets  https://nairametrics.com/2024/08/07/axa-mansards-pre-tax-profit-grows-by-57-79-in-the-second-quarter-of-2024-as-revenue-skyrockets/ https://nairametrics.com/2024/08/07/axa-mansards-pre-tax-profit-grows-by-57-79-in-the-second-quarter-of-2024-as-revenue-skyrockets/#respond Wed, 07 Aug 2024 06:02:05 +0000 https://nairametrics.com/?p=495373 AXA Mansard published its 2024 second-quarter results, reporting a pre-tax profit of N14.9 billion. 

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]]> https://nairametrics.com/2024/08/07/axa-mansards-pre-tax-profit-grows-by-57-79-in-the-second-quarter-of-2024-as-revenue-skyrockets/feed/ 0 495373 BUA Cement’s pre-tax profit drops by 54% in the second quarter of 2024  https://nairametrics.com/2024/08/06/bua-cements-pre-tax-profit-drops-by-54-in-the-second-quarter-of-2024/ https://nairametrics.com/2024/08/06/bua-cements-pre-tax-profit-drops-by-54-in-the-second-quarter-of-2024/#respond Tue, 06 Aug 2024 07:00:48 +0000 https://nairametrics.com/?p=495288 BUA Cement released its 2024 second quarter results, revealing a pre-tax profit of N18.8 billion. 

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]]> https://nairametrics.com/2024/08/06/bua-cements-pre-tax-profit-drops-by-54-in-the-second-quarter-of-2024/feed/ 0 495288 Julius Berger’s pre-tax profit climbs by 12.08% in the second quarter of 2024  https://nairametrics.com/2024/08/05/julius-bergers-pre-tax-profit-climbs-by-12-08-in-the-second-quarter-of-2024/ https://nairametrics.com/2024/08/05/julius-bergers-pre-tax-profit-climbs-by-12-08-in-the-second-quarter-of-2024/#respond Mon, 05 Aug 2024 16:54:45 +0000 https://nairametrics.com/?p=495265 Julius Berger published its 2024 second-quarter results, revealing a pre-tax profit of N8.3 billion. 

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]]> https://nairametrics.com/2024/08/05/julius-bergers-pre-tax-profit-climbs-by-12-08-in-the-second-quarter-of-2024/feed/ 0 495265 Tantalizers PLC offset 42.17% pre-tax loss in the second quarter of 2024  https://nairametrics.com/2024/08/05/tantalizers-plc-offset-42-17-pre-tax-loss-in-the-second-quarter-of-2024/ https://nairametrics.com/2024/08/05/tantalizers-plc-offset-42-17-pre-tax-loss-in-the-second-quarter-of-2024/#respond Mon, 05 Aug 2024 13:52:35 +0000 https://nairametrics.com/?p=495248 Tantalizers PLC released its 2024 second quarter results, showing a pre-tax loss of N164.7 million. 

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]]> https://nairametrics.com/2024/08/05/tantalizers-plc-offset-42-17-pre-tax-loss-in-the-second-quarter-of-2024/feed/ 0 495248 ABC Transport: Why second quarter pre-tax profit fell by -32.20% in 2024?  https://nairametrics.com/2024/08/05/abc-transport-why-second-quarter-pre-tax-profit-fell-by-32-20-in-2024/ https://nairametrics.com/2024/08/05/abc-transport-why-second-quarter-pre-tax-profit-fell-by-32-20-in-2024/#respond Mon, 05 Aug 2024 09:29:55 +0000 https://nairametrics.com/?p=495205 ABC Transport released its 2024 second quarter results, showing a profit of N57.3 million.

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]]> https://nairametrics.com/2024/08/05/abc-transport-why-second-quarter-pre-tax-profit-fell-by-32-20-in-2024/feed/ 0 495205 Nigerian hunger protest: Bank sector index unaffected as other sectors close in red  https://nairametrics.com/2024/08/02/nigerian-hunger-protest-bank-sector-index-unaffected-as-other-sectors-close-in-red/ https://nairametrics.com/2024/08/02/nigerian-hunger-protest-bank-sector-index-unaffected-as-other-sectors-close-in-red/#respond Fri, 02 Aug 2024 08:48:24 +0000 https://nairametrics.com/?p=495063 The Nigerian banking sector was unaffected by losses induced by hunger protests, which rocked some parts of the country on the trading day that commenced on August 1, 2023. 

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]]> https://nairametrics.com/2024/08/02/nigerian-hunger-protest-bank-sector-index-unaffected-as-other-sectors-close-in-red/feed/ 0 495063 Conoil’s second quarter: 13.34% pre-tax profit increase impresses investors  https://nairametrics.com/2024/08/01/conoils-second-quarter-13-34-pre-tax-profit-increase-impresses-investors/ https://nairametrics.com/2024/08/01/conoils-second-quarter-13-34-pre-tax-profit-increase-impresses-investors/#respond Thu, 01 Aug 2024 17:53:19 +0000 https://nairametrics.com/?p=495022 Conoil Plc posts a 13.34% year-over-year rise in pre-tax profit for the second quarter of 2024 at 4.6 billion, up from 4.1 billion recorded in 2023. 

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]]> https://nairametrics.com/2024/08/01/conoils-second-quarter-13-34-pre-tax-profit-increase-impresses-investors/feed/ 0 495022 AIICO’s pre-tax profit soars by 121.55% in the second quarter of 2024, backed by an upgrade  https://nairametrics.com/2024/08/01/aiicos-pre-tax-profit-soars-by-121-55-in-the-second-quarter-of-2024-backed-by-an-upgrade/ https://nairametrics.com/2024/08/01/aiicos-pre-tax-profit-soars-by-121-55-in-the-second-quarter-of-2024-backed-by-an-upgrade/#respond Thu, 01 Aug 2024 14:34:52 +0000 https://nairametrics.com/?p=494999 AIICO Insurance released its 2024 second quarter results, showing pre-tax profit increased 121.55% year-over-year from 6.3 billion reported in 2023. 

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]]> https://nairametrics.com/2024/08/01/aiicos-pre-tax-profit-soars-by-121-55-in-the-second-quarter-of-2024-backed-by-an-upgrade/feed/ 0 494999 Lafarge Africa Plc posts 15.66% pre-tax profit in Q2 of 2024, fueled by new innovation  https://nairametrics.com/2024/07/31/lafarge-africa-plc-posts-15-66-pre-tax-profit-in-q2-of-2024-fueled-by-new-innovation/ https://nairametrics.com/2024/07/31/lafarge-africa-plc-posts-15-66-pre-tax-profit-in-q2-of-2024-fueled-by-new-innovation/#respond Wed, 31 Jul 2024 09:31:37 +0000 https://nairametrics.com/?p=494849 Lafarge Africa reported an increase in pre-tax profit for Q2 of 2024 at 37.9 billion, representing a 15.66% year-over-year rise. 

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]]> https://nairametrics.com/2024/07/31/lafarge-africa-plc-posts-15-66-pre-tax-profit-in-q2-of-2024-fueled-by-new-innovation/feed/ 0 494849