Market capitalisation hits fresh all-time high with N863 billion surge driven by strong earnings and dividend optimism
International Breweries Plc (INTBREW) has delivered a stunning financial turnaround in its second quarter results, posting earnings per share of N0.07 compared to a loss of...
Key Highlights Transcorp Hotels recorded an impressive Y-o-Y revenue growth of 60% from N29.72 billion in H1 2024, to N47.57 billion in H1 2025. Transcorp Hotels...
Okomu Oil reported a net finance cost of N515.52 million during the quarter, compared to a net finance income of N570.65 million in Q2 2024.
Similarly, Nigeria Stock Index that tracks price movements at the NGX surged by 5,436.1 points or 4.31% to close the week at 131,585.66 basis point, marking...
First HoldCo Plc management on Friday dispelled media speculation about who bought N323.4 billion of its shares in block transaction, one of the largest single deals...
The Nigerian stock market continued its upward trend, gaining N833 billion on Thursday. Market capitalisation rose by N833 billion, or 1.02%, to close at N82.417 trillion,...
Nigeria’s equity market posted a solid performance last week, with the Nigerian Exchange Limited (NGX) All-Share Index climbing 0.83% to close at 120,989.66 points, whilst market...
The Nigerian Exchange Group (NGX Group) has signed a strategic funding agreement with DEG Impulse gGmbH, a subsidiary of Germany’s Development Finance Institution, DEG – Deutsche...
Nigerian Exchange Limited (NGX), the leading exchange driving Africa’s largest economy, has released the results of its comprehensive full-year index review, with notable changes to the...
The Nigerian Exchange (NGX) sustained its bullish momentum last week, briefly breaking the 121,000-point threshold for the first time in history. Renewed investor confidence drove broad-based...
The Nigerian Exchange Limited (NGX) extended its bullish momentum on Tuesday, gaining N764 billion in market capitalisation as investors sustained buying interest across key sectors, particularly...
In a strategic move to position Nigeria’s capital market as a catalyst for cross-border investments, Nigerian Exchange Group Plc (NGX Group) and the Securities and Exchange...
Despite a shortened trading week due to public holidays, the Nigerian equity market closed positively, with the benchmark NGX All-Share Index climbing 0.71% week-on-week to finish...
TAJBank, Nigeria’s leading non-interest lender, on Tuesday signed the completion agreement for the N20bn second tranche of its N100bn Mudarabah Sukuk bond programme. The latest investment...
Airtel Africa has announced the repurchase of 1.9 million of its ordinary shares as part of the second phase of its ongoing $100 million share buyback...
The Debt Management Office (DMO) has announced the opening of its June 2025 offer for subscription to the Federal Government of Nigeria (FGN) Savings Bond. This...
The market rally was fueled by strong macroeconomic indicators, improved investor sentiment, and favorable market internals. A flurry of buying activity, particularly in the consumer goods...
The Debt Management Office (DMO) has announced a resounding success in its recent Series VII Sovereign Sukuk issuance, which drew an overwhelming subscription of N2.2 trillion...
The Nigerian Exchange (NGX) soared to a historic milestone on Tuesday, as its market capitalisation crossed the N70 trillion mark for the first time. Investors recorded...