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 …
NIGERIAN EXCHANGE
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Business InsightsCapital MarketCompaniesCorporate EarningsEconomyHospitalityINVESTMENTNewsNigeria
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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 …
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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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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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AfricaBankingBusinessEconomyFinanceINVESTMENT
Zenith Bank Plans Major Expansion into Côte d’Ivoire and Francophone Africa After N614.65bn Capital Raise
Zenith Bank Plc has announced plans to expand its operations into Côte d’Ivoire and eight other Francophone African countries, marking a major step in its goal to become a leading …
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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 …