The Nigerian Stock Exchange finished Wednesday negatively, leading market capitalisation down. The NGX All-Share Index (ASI) declined 336.82 points, representing a 0.32% decline, to close at 104,...
In a recent announcement, Nigerian Breweries Plc declared it would use a rights issue to raise up to N600 billion.The decision to raise capital was made at Tuesday's Board of Directors meeting, accord...
Notore Chemical Industries Plc, one of Africa's biggest and leading fertiliser and agro-allied companies, recently announced that its total revenue was N21.55 billion for the fiscal year ending Decemb...
It was reported that after the Central Bank of Nigeria unified the foreign exchange market, International Breweries Plc reported a loss of N70.03 billion for fiscal year 2023, up from N21.63 billion t...
In its most recent Forbes billionaire list, the rating company named Nigerian businessmen Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola as the richest Nigerians in 2024. This is desp...
Transcorp Hotels Plc recently released a positive result for the 2023 audited financial year and an increase in dividend payout to shareholders despite various macroeconomic challenges encountered dur...
On Monday, the Federal Government reported that the price of natural gas for power-generating firms has increased to $2.42 per metric million British thermal units (mmbtu), a significant shift from th...
Zenith Bank Plc has been ranked Nigeria's best bank in the recent Global Finance Best Banks Awards 2024. The bank has emerged four times since 2019, including the most recent ranking.Zenith Bank Plc w...
The recently released stats on the Nigerian Stock Exchange have revealed that there has been a positive progression due to the economic reforms implemented by the Bola Tinubu administration. Because o...
Local stocks at the Nigerian Stock Exchange closed for the week's final trading session, also known as Q1 2024, with a gain of N158 billion in market capitalisation following share price appreciation ...