The Nigerian equities market started the week on a bearish note on Monday, as investors moved to take profits from recent gains in high-capitalisation stocks. The sell-off led to a …
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BankingBusinessCapital MarketEconomyFinanceINVESTMENTNigeria
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BankingBusinessCapital MarketEconomyFinanceINVESTMENTNigeria
FCMB Group’s N160bn Public Offer Aims to Build Stronger Financial Base
The Group Chief Executive Officer of FCMB Group Plc, Mr. Ladi Balogun, has said that the company’s ongoing N160 billion public offer will help strengthen its capital base and support …
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BankingEconomyFinanceINVESTMENTNigeriaTechnology
How Mobile Banking Apps Are Helping Nigerians Save, Invest, and Build Wealth Easily
In Nigeria today, mobile banking apps have become more than tools for sending and receiving money. They are now digital partners helping people save automatically, invest wisely, track expenses, access …
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BusinessEconomyEnergyINVESTMENTNigeriaOil & Gas
Aradel Holdings to Acquire Additional 40% Stake in ND Western Limited
Aradel Holdings Plc has announced that its wholly owned subsidiary, Aradel Energy Limited, has entered into a definitive agreement to acquire a 40 per cent equity interest in ND Western …
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EconomyFinanceGOVERNMENTInflationINVESTMENTPolicies
Finance Minister Wale Edun Says Nigeria’s Economy Has Turned the Corner
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured Nigerians that the country’s economy is on a recovery path, saying the most difficult period is …
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Business InsightsCapital MarketCompaniesCorporate EarningsEconomyHospitalityINVESTMENTNewsNigeria
Ikeja Hotel Plc Posts N4.85bn Profit in Nine Months, Driven by Strong Revenue Growth
Ikeja Hotel Plc has reported a profit after tax of N4.85bn for the nine months ended September 30, 2025, marking a significant increase from the N2.0bn recorded in the same …
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BankingBusinessCapital MarketEconomyINVESTMENTNewsNigeriaOil & Gas
Nigerian Stock Market Gains N4.32tn as NGX Records Strongest Weekly Rally in Months
The Nigerian stock market recorded a massive rebound last week, adding about N4.32tn to its total value as renewed investor confidence lifted trading activity across major sectors. The Nigerian Exchange …
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BankingBusinessEconomyFinanceINVESTMENTNigeria
Abbey Mortgage Bank Records N1.45bn Profit, Grows Earnings by 56% in Nine Months of 2025
Meta Description: Abbey Mortgage Bank Plc has posted a profit after tax of N1.45 billion for the nine months ended September 2025, a 56% increase driven by higher interest income …
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BusinessCapital MarketCurrency & ExchangeEconomyFinanceINVESTMENTStock Market
NGX Gains N479bn as Investors Cheer Economic Reforms, Blue-Chip Stocks Lead Rally
Nigeria’s equities market continued its bullish momentum on Thursday, gaining N479 billion in market capitalisation as investor confidence strengthened on the back of ongoing economic reforms and improving macroeconomic indicators. …
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BusinessCorporate EarningsEconomyEnergyINVESTMENTOil & Gas
Savannah Energy Records $185.2m Revenue in Nine Months, Expands Nigerian and East African Operations
British independent energy company, Savannah Energy Plc, has announced a total revenue of US$185.2 million for the nine months ending September 30, 2025 — representing a 9 per cent increase …