The Securities and Exchange Commission has proposed new rules to bring online forex and Contracts for Difference platforms under Nigeria’s capital-market regulatory framework, with the measures...
The Nigerian equities market ended its four-day bullish run on Wednesday as losses in ACCESSCORP, NASCON, UBA and STANBIC pulled the All-Share Index (ASI) down to...
The market value of Tony Elumelu’s indirect stake in Seplat Energy Plc has risen to N1.48 trillion, following an 8.4% appreciation in the company’s share price...
Nigeria’s Eurobond market closed the month of August with yields ranging from 5.63% to 8.16% across the sovereign dollar-denominated securities tracked by the Debt Management Office...
The Nigerian equities market gained N1.29 trillion in market capitalisation this week as investors responded positively to FTSE Russell’s decision to reclassify Nigeria to Frontier Market...
Nigeria’s money market entered the final week of August with liquidity still firmly in surplus, even as the Central Bank of Nigeria (CBN) stepped up its...
Cutix Plc returned to profitability in the first quarter of its 2027 financial year, as revenue increased by five percent to N3.70 billion, according to the...
PZ Cussons Nigeria Plc has proposed a final dividend of N9.93 billion, representing N2.50 per ordinary share, for the financial year ended May 31, 2026. The...
Juli Plc recorded a 45.5% decline in revenue to ₦146.86 million in the first half of 2026, from ₦269.25 million reported in the corresponding period of...
Global index provider FTSE Russell is set to proceed with Nigeria’s reclassification from “Unclassified” to “Frontier Market” status, potentially ending months of uncertainty over the country’s...
By Henry Nweze Before we get carried away by the excitement around the forthcoming Dangote Petroleum Refinery IPO, it is important to look at what previous...
The Dangote Petroleum Refinery & Petrochemicals has secured $1bn in underwriting support ahead of its planned Initial Public Offering (IPO), strengthening preparations for a potential market...
May & Baker Nigeria Plc has warned members of the public against a fraudulent investment scheme circulating online under the name “M&B Equity Stake”. The company...
The Bank of Industry (BOI) has announced that its maiden N250 billion domestic bond was oversubscribed within five working days, following strong demand from institutional investors....
The Securities and Exchange Commission has directed capital market operators to restrict dealings with financial institutions in North Korea and Iran over money laundering and terrorism...
IHS Towers’ Nigeria delivered a 14.5 per cent increase in reported revenue in the second quarter of 2026, but the headline growth conceals a weaker underlying...
Legend Internet Plc recorded a N99.34 million loss in the six months ended January 2026, reversing a N239.85 million profit recorded in the corresponding period of...
