Last month, the major shareholder of PZ Cussons Holdings announced plans to buy out other shareholders, but this was pending regulatory approvals. On Tuesday this week, the Securities and Exchange Com...
Yesterday, the Nigerian stock market halted its three-day straight bearish run as investors engaged in profit-taking activities. Yesterday's gains were attributed to the gains in BUA Cement Plc and 21...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/SNFVKI4XDZJGFFGX64JCDE4R5M.jpg)
Access Bank Plc, a subsidiary of Access Holdings Plc, has announced that it has signed a binding agreement with Kenyan-based KCB Group Plc (KCB) to purchase all of the issued shares of National Bank o...
On Wednesday, the Central Bank of Nigeria (CBN) announced that all previous pending valid foreign exchange backlogs were officially cleared, thereby fulfilling one of the important pledges Mr Olayemi ...
Investors at the Nigerian Stock Exchange (NGX) finished the mid-week trading session in a red zone, leading to a three-day consecutive bearish run. Market capitalisation was down by N168 billion, as i...
The Nigerian Senate has approved N466,342,656,922.00 as the 2024 Federal Inland Revenue Service (FIRS) budget.The passage of the budget by the Senate followed its adoption and approval of the recommen...
Savannah Energy Plc, a British energy company, yesterday agreed to sign separate Share Purchase Agreements with Sinopec International Petroleum Exploration and Production Corporation and Jagal Venture...
Local stocks yesterday at the Nigerian Stock Exchange (NGX) sustained a bearish end as losses were attributed to investors' profit-taking activities. This led to a decline in prices at MTN Nigeria Com...
The Board of International Breweries Plc has announced that it will seek approval for a $379.9 million shareholder loan and debt-to-equity conversion, part of a special resolution at the company’s E...
The Central Bank of Nigeria (CBN) has adjusted the Custom duties at the nation's seaports and airports from N1,617.96/$1 to N1,593.41/$1, a 1.5% reduction.Analysts stated that the reduction in Customs...