Stanbic IBTC Holdings Plc has reported a profit after tax of N278.48 billion for the nine months ending September 30, 2025, marking a 52 per cent increase from N182.87 billion …
Capital Market
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BankingCapital MarketCorporate EarningsEconomyFinanceNigeriaStock Market
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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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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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BusinessCapital MarketCorporate EarningsManufacturingNigeria
Nigerian Breweries Records N1.04tn Revenue in Nine Months, Posts 157% Profit Growth
Nigerian Breweries Plc has announced a Group Revenue of N1.04 trillion for the nine months ended September 30, 2025, representing a 48 per cent increase from the N703 billion recorded …
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BusinessCapital MarketEconomyFinanceRegulationSustainability
SEC DG Urges Nigerian Capital Market to Embrace Sustainability in Investment and Governance
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has said that the global movement towards sustainable finance is reshaping investment choices, corporate governance and risk management …
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BusinessCapital MarketCorporate EarningsEconomyManufacturingManufacturing & Consumer Goods
Guinness Nigeria Returns to Profit with N26.3bn Earnings in 15-Month Period
Guinness Nigeria Plc has bounced back to profitability, reporting a profit after tax of N26.3bn for the 15-month financial period ended September 30, 2025. The brewer made this known in …
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Capital MarketCorporate GovernanceEconomyEnergyOil & Gas
Dangote Refinery to List up to 10% Shares on Nigerian Exchange in 2026
Africa’s richest man, Aliko Dangote, has announced plans to list between five and ten per cent of the Dangote Petroleum Refinery on the Nigerian Exchange (NGX) within the next year, …
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BusinessCapital MarketEconomyFinance & ServicesINVESTMENTNigeriaStock Market
Nigerian Stock Market Gains N611bn as Industrial Stocks Lift Investor Confidence
The Nigerian Exchange (NGX) opened the week on a strong note as investors recorded a combined gain of ₦611 billion, driven by renewed interest in industrial and mid-cap stocks, particularly …
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BusinessCapital MarketEconomyEmploymentFinanceSMEs
FG to List 1,000 SMEs on Capital Market to Boost Growth and Job Creation
The Federal Government has announced plans to list at least 1,000 Small and Medium Enterprises (SMEs) on the Nigerian capital market as part of efforts to expand access to long-term …