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Daily Business News Brief – January 4th, 2024

4
Jan

Stock Market Up N847bn on Investors’ Interest in UBA, 77others – Thisday
The domestic stock market yesterday sustained the uptrend performance with a gain of N847 billion, as investors bargain hunting in United Bank for Africa Plc (UBA), and 77 others underpinned market performance.
Consequently, the Nigerian Exchange Limited All Share Index (NGX ASI) gained by 1,546.69 basis points or 2.04 per cent to close at 77,537.57 basis points from 75,990.88 basis points it opened for trading………………………. ……………………… .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
Seplat Energy completes ANOH gas plant – Punch
Seplat Energy PLC, an independent energy company in Nigeria, has announced the completion of its ANOH gas plant.
Seplat Energy, in a release on Wednesday, disclosed that the ANOH gas plant installation works reached mechanical completion December 29, 2023, in line with its revised timetable.. … …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
Core investor offloads 9.5 million units TIP shares – Punch
DVCF Oil & Gas Plc, a substantial shareholder in waste manager and industrial cleaners, The Initiates Plc,  has sold off 9,468,900 units of its shareholding worth about N10.131m.
This was disclosed in separate notices on insider trading filed with the Nigerian Exchange Limited on Wednesday. ……. .. ,…………… …… …………..,…………….. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
Development Bank recognises FCMB for supporting SMEs,green projects – Dailytrust
FCMB has been honoured by the Development Bank of Nigeria (DBN) at its 2023 Service Ambassadors Awards in Lagos.
The bank received accolades as the “Deposit Money Bank with the Highest Impact in the DBN Focus States” and “Participating Financial Institution with the Highest Disbursement to Green Projects.”…….. . .. ,…………… …… …………..,…………….. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
fake richard mille
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