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 …
NIGERIAN EXCHANGE
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BankingBusinessEconomyFinanceINVESTMENTStock Market
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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 …
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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 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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AgricultureBusinessEconomyFinanceNigeriaStock Market
Okomu Oil Reports N60.3bn Profit in Nine Months
Okomu Oil Palm Company Plc has recorded a strong financial performance for the nine months ended September 2025, posting a profit after tax of N60.33 billion, representing a 113 per …