The Nigerian Exchange Limited (NGX) on Thursday lifted the suspension placed on the shares of Mutual Benefits Assurance. The NGX disclosed this in its weekly report...
In a significant development for Nigeria’s energy sector, Aliko Dangote, CEO of Dangote Refinery, announced on Sunday that the Nigerian National Petroleum Corporation (NNPC) has seen...
Billionaire businessman, Femi Otedola, has again splashed N183m on additional shares in FBN Holdings to further increase his stake in the company. The fresh acquisition was...
Four directors at Sterling Financial Holdings Company and its subsidiary firm, Sterling Bank, were involved in insider dealings at the end of August 2023. Information gleaned...
The Head, Investor Relations, First Bank Nigeria (FBN) Holdings Plc, Tolu Oluwole, has sold off his shares in the financial institution amid a drop in the...
Abdul Samad Rabiu, the chairman of BUA Cement, has further tightened his control over the cement manufacturer by buying additional 45 million shares. Rabiu, who is...
Miri Strategic Emerging Markets Fund LP has reduced its stake in the Nigerian Exchange Group (NGX Group), where it holds a substantial stake. The substantial investor...
This line-up of stories will help you discover the latest happenings around the tech world, today 1. Nigerian Mobility startup, Moove, expands to India A Nigerian...
Wale Tinubu and Italian investor, Gabriele Volpi have agreed to acquire shares of minority investors as they demand to exit Oando after enduring a long dispute...
The majority shareholder of LivingTrust Mortgage Bank, Yemi Adefisan, has been busy on the exchange floor, selling off part of his shares amid the Nigerian bourse...
Access Bank has instructed its management and other members of the company against trading in the shares of the lender as it suffers a setback in...
February is the month of love, but investors seem to have none for Access Bank at the stock market as Ripples Nigeria discovered one week-long sell-off...
Nigeria’s largest company by market capitalisation, Dangote Cement PLC, has announced its plan to repurchase up to 10% of its issued share capital. The decision is...
The Nigerian Stock Exchange market indices further dropped on Thursday to 31,864 points over renewed pressure to sell by investors. The All-Share Index on dipped by...
The shares of Diamond Bank trading on the floor of the Nigerian Stock Exchange (NSE) rose to their highest level in four (4) months on Thursday...
Following declines in the value of shares of Nestle Nigeria, Guaranty Trust Bank, Zenith Bank and other highly capitalized stocks, the trading activity on the floor...
Nigerian equities started this month on a broad but modest rally as bargain-hunting for value stocks added N13 billion net capital gain to market value of...
Nigerian Breweries Plc on Wednesday listed 67.8 million ordinary shares of 50 kobo each. The supplementary shares were due to the scrip dividend scheme offered by...
INVESTORS in the nation’s capital market have continued to demonstrate low appetite towards shares of companies in the oil and gas sector of the Nigerian Stock...
Investors staked N23.12 billion on 94.7 million shares of Dangote Cement Plc on Tuesday at the Nigerian Stock Exchange (NSE), as the most capitalised quoted company...
Prestige Assurance Plc plans to write off its accumulated loss of N776.5 million by cancelling about 1.55 billion ordinary shares of 50 kobo each from its...
Nigerian equities sustained their bullish run for the third consecutive trading session on Thursday as increased demand for quoted shares added N80 billion capital gains to...
United Bank for Africa (UBA) Plc on Tuesday started a process to cancel 2.08 billion ordinary shares valued at N19.7 billion that belonged to the bank’s...
Crisis-hit ride-hailing company Uber is considering giving shares in the company to drivers after struggling to retain most of them amid corporate culture controversy. Details on...
Unilever Nigeria Plc on Wednesday filed application with the Nigerian capital market authorities to raise about N58.86 billion by selling new ordinary shares to existing shareholders....
Authorities at the Nigerian Stock Exchange (NSE) have launched a new innovation with the commencement of automated trading and settlement of rights’ shares. The live trading,...
Nigerian equities traded last week with widespread positive sentiments as investors appeared to show stronger appetite for quoted companies, most of which had just released their...
Shares of Jaiz Bank Plc have been Listed on the floor of the Nigerian Stock Exchange (NSE) and trading on then commenced on Thursday. The Bank’s...
Investors at the Nigerian stock market reacted with a seemingly overwhelming rush to sell as Guinness Nigeria Plc on Thursday announced that it posted a net...
Financial services regulators have launched a concerted seize and forfeit hunt to recover a total of 2.5 billion ordinary shares which were allegedly illegally issued by...
Nigerian government should intervene to stem the continuing downtrend at the Nigerian stock market by mandating its relevant agencies to step into the stock market and...
Nigerian equities slumped to new lows yesterday as global crude oil price declined to 12-year low at $30 per barrel. With four decliners to every marginal...
