The Nigerian stock market ended Thursday on a negative note as widespread sell pressure among mid- and large-cap stocks caused investors to lose about N274 billion in market value. This …
NGX
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AfricaBanking, Finance & InvestmentFinance & ServicesINVESTMENTMarketsNigeria
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Banking, Finance & InvestmentINVESTMENTLeadershipMarketsNigeria
Fidelity Bank CEO Buys Over N760m Shares, Reaffirms Confidence Amid Legal Scrutiny
The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe, has continued to demonstrate her confidence in the financial institution by acquiring more than N760 million …
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Banking, Finance & InvestmentEconomyINVESTMENTINVESTMENTMarketsNestleNigeria
Nestle, 30 Others Lift NGX as Market Gains N21bn Amid CBN Rate Hold
Trading at the Nigerian Exchange Limited (NGX) closed on a positive note on Tuesday, as gains in 31 stocks, led by Nestle Nigeria Plc, added ₦21 billion to the market …
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BusinessEconomyEnvironmentINVESTMENTMobile Telecommunications Network (MTN)NigeriaTelecommunications
MTN Nigeria Invests N3.5bn in 2024 for Social and Environmental Impact, Total CSI Spend Hits N31.9bn
MTN Nigeria Communications Plc has announced that it invested N3.5 billion in Corporate Social Investment (CSI) initiatives in 2024, raising its total social impact spending to N31.9 billion since inception. …
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AFRICA NEWSBanking, Finance & InvestmentBusinessBusiness InsightsEconomyFinance & ServicesINVESTMENTMarkets
Nigerian Stock Market Gains N228bn as International Breweries, Cadbury Lead Rally
The Nigerian stock market opened the week strong on Monday, April 29, 2025, with investors witnessing a continued bullish trend. The market capitalisation rose by N228.48 billion as investors took …
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The Nigerian Exchange Limited (NGX) added N966bn in market value last week, helped by improved investor confidence and strong performances by major banking and consumer goods stocks. The market only …
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BusinessFintechNigeriaWestern Africa
eTranzact International Reports N5bn Pre-Tax Profit in 2024, Marks 53% Growth
Lagos – Nigerian fintech giant, eTranzact International Plc, has posted a robust N5 billion pre-tax profit for the year ended December 31, 2024, representing a 53.2% increase from the N3.1 …
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LivingTrust Mortgage Bank Plc has secured an extension to file and publish its 2024 Audited Financial Statements. The bank received approval from the NGX Regulations Limited to submit and release …
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Business and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
NGX records 30% reduction in foreign inflows
Foreign inflow to Nigeria’s equities market fell by 29.66 per cent in February 2025, dropping to N18.05bn from N25.66bn recorded in January.This decline in foreign inflow, alongside a drop in …
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AfricaAFRICA NEWSBanking, Finance & InvestmentNigeria
7 institutions founded by Africa’s doyen of accounting, Akintola Williams
by Editorby EditorThe late Akintola Williams, Nigeria’s first chartered accountant and founder of Africa’s first indigenous accounting firm, Akintola Williams & Co. (now known as Deloitte & Touche), was a true icon …