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The final dividend of 6.5 Kobo per share will be paid for all the outstanding 1,899,157,107 ordinary shares of the company.
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The final dividend of 6.5 Kobo per share will be paid for all the outstanding 1,899,157,107 ordinary shares of the company.
The exchange rate at the parallel market closed at N470/$1 on the last day of trading December 31, 2020.
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In the parallel market, the exchange rate between the naira and the US dollar stood at N470/$.
The launch of the X-PO platform reinforces the Exchange’s commitment to revolutionize stakeholders’ experience in the Nigerian capital market, leveraging technology.
Last week, the Nigerian Stock Exchange All-Share Index (NSE-ASI) rose by 7.46% with a gain of 37.12% year-to-date to close at 36,804.75.
A central reporting portal for all foreign remittances to be managed by the Nigerian Interbank Settlement System (NIBSS) is currently under development.
This puts the total consideration for the shares purchased by the parent company at N147,796,600.00
This represents a N1 gain when compared to the N476/$1 that it exchanged for on Friday, December 9.