Dangote Cement has been honoured with the top prize at the inaugural Corporate Reporting Award, jointly organized by the Institute of Chartered Accountants of Nigeria (ICAN)...
Companies listed on the Nigerian Exchange (NGX) have declared total dividend payouts exceeding N1.5 trillion for the fiscal year 2023. This marks the highest dividend payout...
The Nigerian Exchange Limited (NGX) has admitted additional 402,082,657 ordinary shares of 50 Kobo each per share of Cadbury Nigeria Plc on its platform. This was...
Stanbic IBTC Holdings Plc is looking to raise N150 billion through a rights issue programme and N400 billion through a debt issuance programme, amounting to a...
The board of MRS Oil Nigeria Plc has said that as part of exit consideration from the Nigerian Exchange Limited (NGX), it will pay dissenting shareholders...
Mecure Industries, which is listed on the Nigerian Exchange Group (NGX) in the fourth quarter (Q4) of 2023, has posted first quarter (Q1) 2024 financial results....
The Federal Government has listed its April 2024 savings bonds worth N4.214 billion on the Nigerian Exchange Limited (NGX) platform. This was disclosed in the market...
FBN Holding Plc has said that it plans to publish both its full-year 2023 annual financial statement and first quarter 2024 unaudited financial statement on or...
PZ Cussons Nigeria Plc has incurred a market value loss of approximately N70.5 billion since May 7, 2024. This downturn persisted today, with the company witnessing...
For the second consecutive day, NGX demonstrated bearish trends, marking a decline of 0.77%, with the All-Share Index closing at 97,473.98 points, down from yesterday’s 97,708.74...
The Nigerian Exchange (NGX) exhibited a second consecutive day of bearish trends, with the All-Share Index falling by 0.77%. The index closed at 97,473.98 points, down...
The Board of Directors of MeCure Industries Plc has appointed Mr. Joseph Oyeyemi Babatunde and Mr. Tochukwu Chukwuneta Orajiaku as Independent Non-Executive Directors of the Company....
Nigerian Exchange Limited (NGX) has listed N4.075 billion of AVA Infrastructure Series 1 Fund on its trading platform. In a press release, signed by the head,...
During the past two trading sessions, the share price of PZ Cussons Nigeria witnessed a depreciation of 19.94%, settling at N30.80 per share at the close. ...
The Board of Directors of Zenith Bank Plc has announced the appointments of Mr. Adamu Saliu Lawani and Mr. Louis Odom as Executive Directors ofthe Bank. Both...
The Board of MRS Oil Nigeria Plc has adjourned the Extra-Ordinary General Meeting (EGM) of the Company, earlier scheduled for Tuesday, May 21, 2024, to seek...
United Bank for Africa Plc (UBA), Africa’s Global Bank, released its financial results for the first quarter ended March 31st, 2024, showing very strong growth across...
In the realm of corporate strategy, the pursuit of cost optimization stands as a pivotal endeavor, particularly in industries susceptible to fluctuating economic conditions. Dangote Cement,...
Story Highlights The Nigerian Exchange Group (NGX) conducted a significant downsizing shortly after its annual general meeting in Lagos, officially terminating 25 employees, contrary to earlier...
This week started on a bearish note in the Nigerian Exchange (NGX), which posted a 0.89% decline to close today with an All-Share Index of 98,703.68...
In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at...
The Nigerian Stock Exchange Limited recorded its first weekly gain after losing N3.54 trillion in April 2024. This is according to last week’s data from NGX....
The Nigerian Exchange Group Plc has appointed Messrs. Chinelo Emeh as its Acting Group Chief Financial Officer of the company. According to the company’s notice to...
The NGX kicked off the month of May on a bullish note with the All-Share Index appreciating by 0.55%, gaining 537.15 points to close at 98,762.78...
The Nigerian Exchange Limited (NGX) has fined three quoted companies the sum of N49.500 million for their failure to file audited financial statements after the regulatory...
When the management of the Nigerian Exchange Limited (NGX) in July 2023 announced that it was reclassifying Fidelity Bank Plc from small-price stock to medium-price stock,...
The Nigerian Exchange Market Limited investors lost N3.57 trillion in market value in April as the All-Share Index experienced a significant decline amid the Central Bank...
The NGX All-Share Index experienced a significant decline in April, losing N3.57 trillion in market value. This downturn represents the first monthly decline for the...
Shareholders of Nigerian Exchange Group (NGX) Plc have given their approval for the group’s initiative to raise capital of up to N10 billion naira through a...
This week on “Follow the Money” with Ugodre and Uade Ahimie, we welcomed Uche Joshua Ifeakanwa, Managing Director of RUUSTALLION NIG LTD, to discuss the latest...
Between 2021 and 2023, about 15 firms have been delisted from the Nigerian Exchange Limited (NGX) due to varying reasons ranging from breach of regulatory requirements...
Foreign portfolio inflows into Nigeria’s Stock Market (NGX) reached N93.37 billion in the first quarter of 2024, marking a 415% increase compared to the same period...
Following a brief uptick on April 25, 2024, the NGX resumed its downward trajectory on Friday, April 26, concluding the week with minimal movement. The...
The Nigerian Exchange Limited, NGX, has returned to positive sentiment as investors gained N26 billion on Thursday. Accordingly, the market capitalization, which opened at N55.494 trillion,...
What’s driving this phenomenal performance on the NGX? Nairametrics lists the brilliant minds behind the companies making waves on the NGX. These visionary CEOs are navigating...
Since the start of April 2024, the Nigerian stock market has been on a bearish run, with the All-Share Index (ASI) declining by 6.16% and the...
The Nigerian Stock Exchange (NGX) closed on a bearish note as selloffs overtook buying activities. The All-Share Index dipped by 1,190.24 points to settle at 98,121.30,...
The Board of MRS Oil Nigeria Plc will, at the company’s Extraordinary General Meeting (EGM), request shareholders’ endorsement to voluntarily delist from the Nigerian Exchange Limited...
Oando Plc has released its FY 2022 financial statements, posting a loss after tax of N81.2 billon during the year. This marks a significant decline from...
Oando Plc has released its FY 2022 financial statements, posting a loss after tax of N81.2 billon during the year compared to a profit after tax...
A capital market expert, Ambrose Omordion, has said the financial services sector, particularly the banking sector, remains the most relevant on the Nigerian Exchange Limited (NGX),...
The Nigerian stock market gained 39.8 per in the first quarter of 2024, becoming the second best-performing stock amid economic headwinds. This is according to March...
The Nigerian Exchange market recorded gains on Thursday as investors’ stock gained N420 billion. The development followed an increase in the All-Share Index, ASI, which rose...
Transcorp Power has announced that it will list on Nigerian Exchange Limited (NGX) its 7.5billion ordinary shares of 50 kobo each at N240 per share on...
The Nigerian Exchange Limited recorded an impressive gain on Thursday as the value of equities surged by 390 billion, reaching N54.71 trillion. This positive performance in...
NGX Regulation Limited (NGX RegCo) and the Institute of Chartered Accountants of Nigeria (ICAN) have collaborated on a corporate governance workshop to boost the knowledge of...