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...
According to the recently published PMI report from S&P Global, the United States (US) composite PMI stayed above the 50.0 points threshold for the 29th consecutive...
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.
The Lagos Chamber of Commerce and Industry (LCCI) has reiterated its call for the Federal Government to promptly and judiciously disburse the N150 billion CBN SME...
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has announced its decision to hold the nation’s benchmark interest rate at 27.50 percent for...
The National Bureau of Statistics (NBS) has revealed that Nigeria’s Gross Domestic Product (GDP) reached N372.8 trillion in 2024 following a comprehensive rebasing exercise. The statistical...
Air Peace Limited has announced direct international flight services from Abuja to both London Heathrow and London Gatwick Airports, effective October 26, 2025. The fare went...
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...
The downturn poses a significant risk to Nigeria’s fiscal outlook, as the N54.99 trillion 2025 national budget is premised on an oil price benchmark of $75...
By Hakeem Muhammed Nigeria’s economic outlook for the rest of 2025 is cautiously optimistic. Inflation is expected to decline further, which may allow for monetary easing...
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...
Fresh data from the United States and China has revealed mixed economic signals, as inflationary pressures build in the United States U.S. while China’s second-quarter growth...
As foreign direct investment (FDI) and development assistance to Africa continue to decline, stakeholders across the continent are intensifying efforts to mobilise local financial resources as...
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...
Nigeria’s economic activity continued to expand in June 2025, buoyed by robust performance in agriculture and services, although private sector growth showed signs of fatigue, according...
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...