The Third Quarter result showed improved performance across key financial metrics, reaffirming the Bank’s capability to navigate the current economic challenges occasioned by the impact of COVID 19 on world economies.
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This was in contrast with 430.12 million shares valued at N6.62 billion achieved in 4,319 deals on Thursday.
This was announced in a filing to the Nigerian Stock Exchange on Tuesday.
The NNPC’s Group Managing Director, Malam Mele Kyari, made the disclosure on Tuesday during a Nigerian Stock Exchange oil and gas webinar with theme as: “Perspectives of Operations and Industry Experts Post- COVID-19”.
The News Agency of Nigeria reports that MPC of the Central Bank of Nigeria (CBN) at the end of two-day meeting slashed monetary policy rate by 100 basis points to 11.5 per cent from 12.5 per cent.
The market capitalisation dipped N38 billion to close lower at N13.263 trillion compared with N13.301 trillion on Tuesday.
The bank gave the information in a disclosure posted on the website of the Exchange, signed by Somuyiwa Sonubi, Company Secretary, on Tuesday.
Specifically, the All-Share Index lost 23.41 points or 0.09 per cent to close at 25,582.23 compared with 25,605.64 recorded on Friday.
The bank stated this in its audited financial results released to the Nigerian Stock Exchange and London Stock Exchange.
Uto Ukpana, Company Secretary of the firm, disclosed in a notice posted on the website of the NSE on Wednesday in Lagos.
The bank’s Company Secretary, Ezinwa Unuigboje, made this known in a notice posted on the Nigerian Stock Exchange website on Tuesday.
The secure investment app, which revolutionised fixed-income trading, now empowers investors in the equities market to execute trades during trading hours.
This was contained in a filing to the Nigerian Stock Exchange.
He had been many outstanding things, recorded many firsts, and established a reputation as man for all seasons. Founder of the first company (Juli Pharmacy) promoted by a Nigerian to be listed on the Nigerian Stock Exchange. First Governor of Rotary Club covering the entire country.
Tomi Somefun, Managing Director and Chief Executive Officer, stated this in the bank’s unaudited financials submitted to the Nigerian Stock Exchange on Wednesday in Lagos.
Specifically, the market capitalisation rose by N177 billion or 1.40 per cent to close at N12.787 trillion compared with N12.610 trillion.
The exchange in a statement by Godstime Iwenekhai, Head, Listings Regulation Department, said the defaulting companies failed to meet regulatory deadlines for the submission of their financial statements without any explanation.
The bank also posted a profit before tax of N550 million in its first quarter result released alongside the 2019 financial year result to the Nigerian Stock Exchange.
The Chief Executive Officer, Nigerian Stock Exchange, Oscar Onyema, says the demutualisation process of the exchange is moving ahead in line with the expected sequence of events.
Specifically, the market capitalisation of listed equities dipped N161 billion or 1.27 per cent to N12.531 trillion compared with N12.692 trillion achieved on Thursday.