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 …
Capital Market
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BusinessCapital MarketCorporate EarningsEconomyManufacturingManufacturing & Consumer Goods
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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 …
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BusinessCapital MarketEconomyEnergyFinanceNigeriaOil & Gas
Eterna Plc Shares Rebound 21% in October as Investors Regain Confidence
Eterna Plc, a Nigerian oil and gas company, has recorded a strong comeback on the Nigerian Exchange (NGX), gaining over 21% so far in October 2025 after months of losses. …
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BankingCapital MarketEconomyFinanceINVESTMENT
Wema Bank Strengthens Capital Base with Fully Subscribed N50 Billion Special Placement
Wema Bank Plc has announced the successful completion of the second tranche of its N50 billion Special Placement, which was fully subscribed by investors. The achievement further strengthens the bank’s …
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Capital MarketEconomyFinanceGOVERNMENTINVESTMENT
FG, Corporates Raise N3.4 Trillion on NGX in Eight Months
The Federal Government of Nigeria (FGN) and some corporate organisations have raised more than N3.4 trillion through the Nigerian Exchange (NGX) between January and August 2025. This was disclosed in …
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BusinessCapital MarketEconomyFinanceINVESTMENTStock Market
NGX Closes Slightly Positive as Investors Trade Cautiously Amid Q3 Earnings Season
Trading on the Nigerian Exchange (NGX) closed on a mildly positive note on Wednesday as investors slowed down on bargain hunting despite the continued release of third-quarter (Q3) corporate earnings …
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BankingCapital MarketCorporate AffairsEconomyFinanceNigeriaRegulation
Big Banks in Nigeria Spend ₦442 Billion on AMCON Charges as Profits Fall
by Radarr Adminby Radarr AdminNigeria’s biggest commercial banks have spent a total of ₦442 billion on the Asset Management Corporation of Nigeria (AMCON) levy in the first half of 2025, representing a 34 percent …
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BusinessCapital MarketEconomyFinanceINVESTMENTNigeria
NGX extends rally as investors gain ₦786bn amid strong performance in Seplat
Investors in the Nigerian Exchange Limited (NGX) kicked off the week on a positive note as bullish trading on Monday lifted the market capitalisation by ₦786bn to close at ₦91.9tn, …