The company’s profit after tax also fell to N4.02 billion from N5.5 billion in the previous year, despite growth in the company’s core insurance operations.
The bodies congratulated the board, management and staff of Nigerian Exchange Group and Nigerian Exchange Ltd. on the historic feat.
The board expressed confidence that Mr Durojaiye’s leadership would further strengthen the company’s operations.
The sell-offs affected stocks like Academy Press, Custodian Investment, Dangote Cement, Deap Capital Management, Oando, and 56 others.
A total turnover of 2.422 billion shares worth N76.618 billion in 126,591 deals was traded by investors this week.
Investors in the Nigerian stock market traded a total of 2.286 billion shares worth N90.280 billion in 138,177 deals during the week.
AIICO Insurance led the market, trading 236.96 million shares valued at N995.88 million across 4,691 transactions.
Meanwhile, the gross profit grew by 28.99 per cent from N2.57 billion in the previous year
Okomu Oil Palm Company has proposed a dividend of ₦30 per 50 kobo ordinary share as an interim dividend for the period ended June 30, 2025.
The move is part of UBA’s strategy to strengthen its capital base and support its expansion and growth objectives across Africa.
