Abbey Mortgage Bank Plc has reported a remarkable 58.24% year-on-year (YoY) increase in revenue, reaching ₦12.37 billion for the full year 2024. The strong financial results were also marked by…
The Nigerian stock market has seen diverse movements, highlighting both growth opportunities and challenges in various sectors. This report delves into the top performers, laggards, sectoral analysis, and macroeconomic influences…
The Nigerian Exchange (NGX) All-Share Index (ASI) closed at 105,451.1, shedding 79.7 points, which translates to a decline of 0.08% as of January 10, 2025. Despite this marginal dip, the…
The Nigerian Exchange Group (NGX) All-Share Index (ASI) witnessed a downward turn today, closing at 103,398.8, a decline of 249 points (-0.24%). This marks a cautious start to the first…
The Nigerian Exchange (NGX) began 2025 on a high note, with the All-Share Index (ASI) closing at 103,586.3 points on January 3. This gain of 406.2 points, representing a 0.39%…
The Nigerian Exchange (NGX) closed on a positive note today, gaining 0.23% or 227 points, to settle at 97,733.9. This upward movement came amidst a backdrop of mixed global market…
Introduction: A Dividends Gap That Raises Questions Abbey Building Society Plc’s dividend yield remains stagnant at 1.67%, trailing far behind the average of its financial sector peers. For a company…
Introduction: A Strategic Move Toward Full Compliance Abbey Mortgage Bank Plc is making significant strides toward meeting the Nigerian Exchange Limited (NGX) free float requirement, currently holding 19.54% against the…
Introduction: A Troubling Decline for Abbey Building Society Abbey Building Society Plc, one of Nigeria’s prominent mortgage lenders, is facing mounting challenges after reporting an 11.11% decline in stock performance…