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Daily Business News Brief – May 30th, 2024

30
May

NGX sustains gains as capitalisation rises further by N246b – Guardian
The Nigerian Exchange Limited (NGX) extended gains for the third consecutive session yesterday, as buying interest in Dangote Sugar Refinery Plc and 30 others lifted overall capitalisation further by N246 billion.
The All-Share Index (ASI) gained 435.00 points, representing a gain of 0.44 per cent to close at 98,818.04 points. Also, market capitalisation rose by N246 billion to close at N55.900 trillion……………………………………………………………………………………………………………………………………….. .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
UBA is West Africa’s best bank – TheNation
United Bank for Africa (UBA) Plc has emerged as the Best Regional Bank – West Africa at the prestigious African Banker Awards 2024.
The annual African Banker Awards, organised by the African Banker Magazine, took place at the JW Marriott Hotel in Nairobi, Kenya, on the side-lines of the African Development Bank Annual Meetings…  . ….. ………………………………………………………………… ……………………… .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
Dangote companies post N59 billion equity gain as NGX continues bullish run – Nairametrics
Two members of Dangote Group, Dangote Sugar Refinery and National Salt Company posted cumulative equity gains of N59.33 billion, as the Nigerian Exchange continued its bullish run, gaining 0.44% during the day.  
The All-Share Index of the NGX closed at 98,818.04, marking a 435.00-point increase from yesterday’s 98,383.04 points. . .., …………………….. . … .. .,…. .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ………, … .. .,……. .. …… . ….. . … …………….……..Read More
Dangote Refinery Mulls Lagos, London Stock Exchange Listings – Thisday
The Dangote refinery is aiming for a dual listing on the London and Lagos bourses, a senior executive at the firm, Devakumar Edwin, has told Reuters.
Africa’s richest man and Chairman of the group, Aliko Dangote was earlier on Tuesday,  quoted as saying he could try to list the company in Nigeria by the end of the year…… …. . …… .  . … ………. …………………..,………………………………………………. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
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