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 …
NIGERIAN EXCHANGE
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AFRICA NEWSBanking, Finance & InvestmentBusinessBusiness InsightsEconomyFinance & ServicesINVESTMENTMarkets
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AFRICA NEWSBusinessBusiness InsightsEconomyINVESTMENTMarketsNigeria
Transcorp Hotels Grows Revenue by 52% in Q1 2025, Hits N21bn
Transcorp Hotels Plc, a subsidiary of Transnational Corporation Plc, has announced a major leap in revenue for the first quarter of 2025. The company recorded N21 billion in revenue, marking …
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AFRICA NEWSBusinessBusiness InsightsEconomyFinance & ServicesManufacturingMarketsNigeria
Guinness Nigeria Bounces Back with N6.7bn Profit in Nine Months
Guinness Nigeria Plc has bounced back into profitability, posting a profit after tax of N6.72 billion for the nine months ended March 31, 2025. This is a major turnaround for …
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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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BUA Cement Plc has posted a revenue of N290.8bn for the first quarter ended March 31, 2025, marking a massive increase of 80.5 per cent compared to the N161.1bn it …
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Lafarge Africa Plc has kicked off 2025 on a strong note, posting a massive 837 per cent rise in profit after tax to N48.64bn for the first quarter, up from …
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BusinessEconomyFinance & ServicesMarketsNews
NGX Group Moves to Attract More Private Capital, Approves Record Dividend
The Nigerian Exchange Group (NGX Group) is taking steps to attract more private capital and reduce the trend of companies delisting from the stock market. This was made known by …
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Banking, Finance & InvestmentBusinessFinance & ServicesNigeriaWestern Africa
Ecobank Drags Oba Otudeko, Others to Court Over FBN Holdings Shares
Ecobank Nigeria Limited has filed a fresh suit at the Federal High Court in Lagos to stop Oba Otudeko and his associates from selling over 6.3 billion shares in FBN …
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Business and EconomyEnergyINVESTMENTNigeriaOil & GasWestern Africa
TotalEnergies Records N27bn Profit, Proposes N40 Dividend Per Share for 2024
TotalEnergies Marketing Nigeria Plc has reported a profit of N27.49 billion for the financial year ended December 31, 2024. This marks a significant 113 per cent increase from the N12.92 …
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Business and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
FCMB Records N73bn Profit After Tax, Raises N144.6bn in Public Offer
First City Monument Bank (FCMB) Group Plc has announced a profit after tax of N73.34 billion for the financial year ended December 31, 2024. This marks a drop from the …