If positive market turnover was the sole trigger of a bullish market, the Nigerian equity market would surely be in a celebration mode by now and...
By Sola Oni Investment in any asset class is a tradeoff of risk and return. It is settled in portfolio management that there are four major...
Ahead of the half year close by the end of June, Stanbic IBTC Holdings has notified NGX Regulation Limited (NGX RegCo) and its shareholders that the...
UAC of Nigeria PLC (UAC) has announced the successful completion of its ₦18.7 billion Series 1 and 2 Commercial Paper issuance CP), the debut issuance under...
When expenses double and cost of operating business jacks up as a result of inflation, the impact cannot be lost on the performance of a company...
In a notice filed with the Nigerian Exchange Limited (NGX) on Monday, Seplat Energy Plc has announced the exchange rates it has approved for the payment...
The Nigerian Exchange Limited (NGX) resumed activities for the week on a sour note as investors took profit off stocks following the previous positive closes in...
Nigerian Exchange Limited (NGX) has commended the Institute of Chartered Accountants of Nigeria (ICAN) for its leading role in producing world-class chartered accountants. The Chief Executive...
The country’s external or foreign reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central Bank of...
It was a bumper harvest for FBN Holdings Plc in 2021 financial year as the institution posted a profit after tax of N151.079 billion, a 99.86%...
The Nigerian equity market is currently at the mercy of the bears since the market resumed weekly trading on Monday when the bulls surrendered to profit-taking...
Airtel Africa, a leading pan-African provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, has announced that the Board has...
Dangote Cement has recorded a 24.2 per cent increase in revenue and an 18 per cent increase in its profit in the first quarter of 2022...
Reserves May crash below $38 Billion mark – Analyst As pressure continued to mount on the Nigeria’s external reserves, the country’s hard currency vault depleted by...
In line with rife expectations by investors in the Nigeria’s Fixed Income (FI) Market, the overnight (OVN) rate expanded by 424 basis points last week to...
As bears fan ember of profit-taking Despite the rout across the global equities market, the rally in the Nigerian equities market remained unscathed as intense bargain...
The Securities and Exchange Commission (SEC) has issued a body of rules and regulations that will guide issuance and transactions of digital assets such as cryptocurrency...
Airtel Africa has reported a strong 20.6 percent growth to $4.7 billion in its annual revenue from $3.9 billion last year driven by strong growth in...
Transcorp Hotels Plc has ended the first quarter of 2022 with an impressive result, reporting a 77.4% growth in revenue to N7.04 billion from N3.97 billion...
Resilient consumer demand drives volume growth ahead of industry, with significant revenue and profit growth. “Based on a consistent commercial strategy, we are growing ahead of...