Daily Market Update | 6-03-2024
Daily Market Update (Equities) Today, the Nigerian equities market closed positive, as the NGX All Share Index (ASI) increased by 0.40% to 99,192.82 points. Consequently, the market’s year-to-date (YtD) returns printed at 33.19% (vs. Yesterday: 32.66% YtD). Gains in FBNH, Transnational Corp and Fidelity Bank offset the losses in Dangote Sugar, Zenith Bank and Ecobank. […]
2023FY Seplat audited Financial Result | Strong Revenue Performance Drives Bottom Line Growth
Seplat Energy’s revenue grew significantly by 72.53% year-on-year (YoY) to NGN696.87bn in 2023FY. This exceptional performance was fueled by a substantial increase in crude oil production (72.90% YoY), which offset the decline in crude oil prices (Average of 82.71 in 2023FY vs Average of USD100.93pb in 2022FY). The company also saw significant growth in gas […]
