On Wednesday, the Nigerian stock market finished positively as major stocks like FBN Holdings and 33 others pushed market capitalization to N306 billion. On Tuesday, the Nigerian Exchange Limited reco...
The first trading market for the week started with a negative start as it recorded a N259 billion loss following the decline of some medium-cap companies, dragging down market capitalization at the cl...
According to recent research, BUA Foods, Dangote Sugar Refinery, and Nigerian Breweries, in the first nine months of 2023, recorded the most significant shareholder equity compared to their fast-movin...
On Monday, Fox Petroleum Group announced that for the next three years, it will fund $7.5 billion into the Nigerian National Petroleum Company Limited (NNPCL) to boost oil production in the upst...
Six (6) big companies out of the 155 listed on the Nigerian Exchange Limited (NGX) contributed 62.3% or N24.313 trillion, out of the overall market capitalization of N39.052 trillion during November.C...
The federal government of Nigeria recently announced that a revised minimum wage will be implemented, which will kick off on April 1, 2024.The Minister of Information and National Orientation, Idris M...
On Wednesday, the Nigerian Exchange Limited (NGX) gained N132 billion at the market's close to cover losses incurred in previous markets. Yesterday, Seplat Nigeria recorded a 10% profit, Meyer Plc rec...
FCMB Group Plc recently announced a 108% year-on-year (YoY) growth in profit before tax (PBT), which accounted for N55.1 billion for the first nine months, which ended September 30, 2023, when compare...
Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99.Munger died Tuesday, according to a ...
To address inflation in the country, many companies increased their employees' salaries by 18.35% to N29.45 trillion in Q2 2023.This was derived from the National Bureau of Statistics ‘Nigerian Gros...