Seplat Energy Plc has secured three major awards across finance, upstream operations and sustainability, further strengthening its reputation as one of Africa’s most respected and high-performing energy companies. The recognitions …
NIGERIAN EXCHANGE
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BusinessCapital MarketsEnergyNewsNigeriaOil & GasSustainability
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BusinessCapital MarketFinance & ServicesInsuranceRegulation
AXA Mansard, International Energy Insurance Project N5.53bn Profit Before Tax for Q1 2026
Two Nigerian insurance companies, AXA Mansard Insurance and International Energy Insurance Plc, have projected a combined profit before tax of about N5.53bn for the first quarter of 2026. The projections …
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BankingCapital MarketEconomyINVESTMENTStock MarketTechnology
Nigerian Stock Market Gains N2.44tn as ICT and Banking Stocks
The Nigerian Exchange Limited (NGX) ended the week on a strong note as renewed buying interest in ICT and banking stocks lifted the market by N2.44 trillion. The All-Share Index …
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BankingBusinessCapital MarketCorporate GovernanceEconomyFinanceNigeria
Access Holdings Moves to Raise N40bn Through Private
Access Holdings Plc, the parent company of Access Bank, has announced plans to raise about N40bn through a private placement as part of its ongoing capital-raising programme. The move is …
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BusinessCapital MarketsEconomyFinanceInsuranceNigeriaRegulation
Guinea Insurance Moves to Raise N15bn as New Industry Capital Rules Take Effect
Guinea Insurance Plc has begun moves to strengthen its financial base as the Board of Directors seeks shareholders’ approval to raise up to N15bn in new capital. The plan was …
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BusinessCapital MarketEconomyFinanceINVESTMENTNewsNigeria
Nigerian Equities Market Loses N444bn as Selloffs Hit Major Stocks
Nigeria’s equities market closed lower on Wednesday after a fresh wave of selloffs dragged several key stocks into negative territory, ending the market’s bullish momentum. The downturn wiped off about …
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BankingBusinessEconomyFinanceINVESTMENTStock Market
Nigerian Stocks Extend Losses as Profit-Taking Wipes Out N471.99bn
The Nigerian Exchange Limited (NGX) opened the week on a negative note as persistent profit-taking dragged the All-Share Index (ASI) down by 0.50 per cent to close at 148,781.90 points …
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DiplomacyEconomyForeign AffairsINVESTMENTMarketsPolitics
Naira and Stocks Fall as Trump’s Military Threat Shakes Nigerian Markets
Nigeria’s financial markets opened November 2025 on a negative note as both the naira and equities fell sharply following remarks by United States President Donald Trump, who threatened possible military …
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Capital MarketCorporate EarningsDangote IndustriesManufacturing
Dangote Sugar Reduces Loss to ₦10.59bn, Records ₦626bn Revenue
Dangote Sugar Refinery Plc has posted a revenue of ₦626.24 billion for the nine months ended September 30, 2025, representing a 29 per cent increase from ₦484.43 billion recorded in …
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BankingCapital MarketCorporate EarningsEconomyFinanceNigeriaStock Market
Stanbic IBTC Records N278.48bn Profit in Nine Months, Up 52%
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 …