With two losses in the two trading sessions of last week, investors in the Nigerian equities market endured another torrid week as they lost N632.9 billion...
For the second consecutive week, investors in the Nigerian equities market endured bearish sentiments as the listed equities lost in four of the five trading sessions...
As the equities market inches closer to the 80,0000 index points, having ended 2023 on a positive note at 74,773.77, Transcorp, Ikeja Hotel, Unitybnk and Sterling...
Trading activities return to the Nigerian stock market this week and some of the stocks to watch are First Bank Nigeria (FBN) Holdings, Tantalizer and Transcorp...
Geregu, United Bank for Africa (UBA) and Transnational Corporation (Transcorp) Plc made the list of companies’ stocks to watch this week, thanks to the activities of...
The majority shareholder of Geregu Power, Femi Otedola, has sold part of his shares in the power firm, weeks after exiting Transnational Corporation (Transcorp) Plc. Otedola...
After returning from the Eid el-Fitr public holiday on April 24, the Nigerian stock market reported equity investors invested N59.007 billion to trade 14.029 billion shares...
These top 10 stories across the nation’s newspapers might interest you. 1. Kano governor-elect will review Sanusi’s dethronement — Kwankwaso The New Nigeria Peoples Party (NNPP)...
The billionaire businessman, Femi Otedola’s exit from Transnational Corporation (Transcorp) has resulted in a 9.93 percent drop in shareholders’ investment value. Ripples Nigeria had reported that...
Tony Elumelu has confirmed that he bought another 1.99 billion shares in Transnational Corporation (Transcorp), while Otedola stayed silent amid exit reports. Ripples Nigeria learnt that...
Femi Otedola has reportedly sold his 2.47 billion shares in Transnational Corporation (Transcorp) to Tony Elumelu, bringing an end to the powerplay between the billionaires. According...
Femi Otedola has again increased his stake in Transnational Corporation (Transcorp) Plc amid a takeover move that was foiled by the company’s Chairman, Tony Elumelu. In...
Tony Elumelu spent over N23 billion to tighten his control in Transnational Corporation (Transcorp) after Femi Otedola displaced him as the single largest majority investor in...
The billionaire businessman, Femi Otedola, on Monday, confirmed the acquisition of a substantial stake in Transcorp Corporation Plc. He paid N5 billion to acquire 2,245,639,251 units...
The chairman of Transnational Corporation (Transcorp) Plc, Tony Elumelu, became N638.88 million richer this week following the billionaire businessman, Femi Otedola’s investment in the company. The...
Demands for Transcorp Hotels, Access Corporation, and others lifted the Nigerian capital market by 0.33 percent on Thursday. This translated to a N92.79 billion growth in...
Femi Otedola has acquired N5 billion worth of shares in a diversified investment company, Transnational Corporation (Transcorp) Plc. In a circular released to the stock market...
Transnational Corporation (Transcorp), First Bank and Fidelity Bank are stocks to watch this week following various activities on their shares in the Nigerian stock market. Ripples...
The equity capitalisation of the Nigerian stock exchange depreciated by –1.88 per cent on Wednesday, losing N553.70 billion. Consequently, the Nigerian bourse’s capitalisation nosedived to N28.88...
The Nigerian stock market reported a –0.33 per cent decline in equity capitalisation on Friday, resulting in N98.52 billion loss. Consequently, the market capitalisation tumbled to...
Transnational Corporation (Transcorp) Plc’s has disclosed that its operating profit grew by N11.64 billion or 21.25 per cent, as it closed last year with N66.42 billion....
The equity capitalization in the Nigerian capital market rose to N30.40 trillion at the close of trading on Thursday. The figure was 0.03 percent or N11.43...
Investors lost N80.85 billion on Monday after the market valuation of the Nigerian stock exchange dropped to N28.52 trillion. The loss represents a decline of -0.28...
Investors at the Nigerian capital market pocketed N97.4billion following the rise in equity capitalization by 0.34 percent on Friday. The development pushed up the equity capitalization...
At the end of trading this week, the Nigerian Exchange Group reported that 1.858 billion shares exchanged hands in 20,861 deals, valued at N47.486 billion. Trading...
This week’s stocks to watch list consist mostly of companies in the oil and gas sector, a bank and Transcorp, all of which are expected to...
The stock market dip at the end of the week, with investors losing N300 billion as the equity capitalisation ended trade with N21.15 trillion on Friday,...
Nigeria’s stock market returned negative on Thursday, January 21, as the All Share Index depreciated by -0.12% to close at 41,099.15 basis points as against +0.23%...
The Board of Directors of Transnational Corporation of Nigeria (Transcorp) Plc has said it is proposing a dividend per share of N0.01 for Full Year 2019. The firm had about...
Transnational Corporation of Nigeria Plc has reported a 27% slump in earnings for Full Year 2019, compared to the same period of 2018. The details of...
The Transcorp Power Consortium has been announced as the winner of the bid for the purchase of the Adam Power Plc. Transcorp got the winning bid...
The President/Chief Executive Officer Transcorp Hotels Plc, Mr Valentine Ozigbo, yesterday, stated that the Nigerian power sector is in a very poor state, stressing that 84.8...
The stock market closed with a bearish performance for the 9th consecutive trading session on Wednesday amid massive sell-offs in profit taking in stocks. Sell pressures...
Transcorp Power Limited plans to generate 25 per cent of Nigeria’s total power capacity before the end of the 2018. Transcorp Power Limited, a subsidiary of...
Transnational Corporation of Nigeria (Transcorp) Plc recorded a pre-tax loss of N5.93 billion in 2016 as the conglomerate struggled with ballooned finance costs and foreign exchange...
