9ja stock news

Here are some recent stock market news and updates from Nigeria:

Market Performance

• The Nigerian Stock Exchange (NSE) All-Share Index (ASI) closed at 43,811.44 points on Friday, down 0.12% from the previous day's close.
• The market capitalization of the NSE decreased by N14.4 billion to N21.4 trillion.
• The top gainers on the NSE were:
  • Dangote Cement (DANGCEM) +2.4%
  • Guaranty Trust Bank (GTBank) +1.9%
  • Zenith Bank (ZENITHBANK) +1.8%
• The top losers on the NSE were:
  • Nigerian Breweries (NB) -2.1%
  • Unilever Nigeria (UNILEVER) -1.9%
  • Nestle Nigeria (NESTLE) -1.8%

Company News

• Dangote Cement has announced a dividend payout of N16.3 billion for the 2022 financial year.
• Guaranty Trust Bank has launched a new digital banking platform, GTBank Click, which allows customers to perform various banking transactions online.
• Seplat Petroleum Development Company has announced a profit after tax of N44.4 billion for the 2022 financial year.

Economic News

• The Nigerian economy grew by 3.1% in the fourth quarter of 2022, according to data from the National Bureau of Statistics (NBS).
• The country's inflation rate decreased to 15.4% in January 2023, from 15.6% in December 2022, according to data from the NBS.
• The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 15.5% to combat inflation and stabilize the naira.

Regulatory News

• The Securities and Exchange Commission (SEC) has introduced new regulations for the issuance of commercial papers by companies listed on the NSE.
• The CBN has introduced new guidelines for the operation of digital currencies in Nigeria.

Other News

• The NSE has launched a new trading platform, X-Mobile, which allows investors to trade on the go.
• The Lagos State Government has announced plans to establish a new stock exchange in the state.

Please note that the information provided is for general purposes only and should not be considered as investment advice. It is always recommended to consult with a financial advisor before making any investment decisions.