Investors Bite

NGX Places Global Spectrum Energy Services Shares on Full Suspension Ahead of Delisting

April 7, 2023/NGX Trading in the shares of Global Spectrum Energy Services Plc (the Company) was suspended on Tuesday, 4 April 2023.  The suspension is necessary to prevent trading in the shares of the Company in preparation for the delisting of the securities of the Company in line with the […]

Seplat Says Court Vacates Court Interim Orders Against Seplat CEO

April 6, 2023/NGX Seplat Energy announces that the Federal High Court sitting in Lagos, vacated the ex parte Interim Orders against Seplat, its CEO and its Board Chairman, including the orders that restrained the Chief Executive Officer, Mr. Roger Brown from participating in the running of the Company.  The case […]

NGX Sustain Descent Fourth Consecutive Week -2.3% Dragged by AIRTEL

The local bourse continued its descent for the fourth consecutive week as massive sell-offs of AIRTELAFRI (-10.0%) heaped greater pressure on the market, causing the benchmark index to plummet by 2.3% w/w to close at 52,994.13 points. April 6, 2023/Cordros Report Global Economy In March, private sector activities in the […]