Nigeria’s biggest bank by market value, Guaranty Trust Holding Company Plc (GTCO), is making bold moves to expand its international reach. The banking group has announced plans to list its …
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NIGERIAN STOCK EXCHANGE
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Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTNigeria
Sterling Financial Holdings Grows Profit by 102%, Declares ₦43.68bn
Sterling Financial Holdings Company Plc (SFHC) has posted a remarkable 102% rise in its profit after tax for the 2024 financial year, recording ₦43.68 billion, up from ₦21.58 billion in …
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BusinessEconomyFinance & ServicesGOVERNMENTHealthcare
Neimeth Grows Revenue by 103%, Shareholders Commend Turnaround at 66th AGM
Neimeth International Pharmaceuticals Plc has announced a major leap in its 2024 financial year performance, recording a 103 per cent increase in revenue. The development was revealed during the company’s …
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BusinessEconomyFinance & ServicesManufacturingMarketsNigeria
Morison Industries Cuts Loss to N18.55bn in Q1 2025
Morison Industries Plc has reported a loss of N18.55 billion for the first quarter ended March 31, 2025, an improvement from the N28.46 billion loss it recorded in the same …
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Business and EconomyEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Stock Market Soars with N1.16tn Gain as Investors Position Ahead of Eid-el-Kabir
The Nigerian equities market closed on a high note on Thursday as investors celebrated a massive ₦1.16 trillion gain in market capitalisation, the largest single-day profit recorded in recent weeks. …
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BusinessEconomyFinance & ServicesMarketsOil & Gas
Nigerian Equities Market Hits ₦71 Trillion as Oando, 30 Stocks Drive Gains Amid Oil & Gas Sector Slump
The Nigerian equities market extended its bullish rally on Tuesday as the overall market capitalisation crossed the ₦71 trillion mark, driven by strong performances from Oando Plc and 30 other …
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AgricultureBusinessEconomyINVESTMENTMarketsNigeria
Honeywell Flour Bounces Back with N14.6bn Profit After Last Year’s N10bn Loss
Honeywell Flour Mills Plc has shocked investors and the market by bouncing back into profit, posting a strong N14.6 billion profit after tax for the financial year ended March 31, …
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Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Stock Market Hits New Heights as Investor Confidence Soars, Adds ₦1.7 Trillion in One Week
The Nigerian equities market continued its impressive rally last week, gaining ₦1.7 trillion in market capitalisation as renewed investor confidence and solid macroeconomic fundamentals fueled strong buying activity. The market’s …
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BusinessEconomyGOVERNMENTManufacturingPoliciesTrade and Commerce
Innoson Boss Backs Nigeria-First Policy, Says It Will Revive Local Industry and Attract Global Investors
Founder of Innoson Vehicle Manufacturing Company Ltd (IVM), Chief Innocent Chukwuma, CON, has applauded the Federal Government’s newly approved Nigeria-First policy, stating that it has the potential to transform Nigeria’s …
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Banking, Finance & InvestmentFinance & ServicesInsuranceINVESTMENTManufacturing & Consumer GoodsMarketsNigeriaOil & Gas
Nigerian Stock Market Starts Week With N8bn Dip Despite Higher Trading Volume
The Nigerian Stock Exchange (NGX) opened the new trading week on a slightly negative note, shedding ₦8 billion in market value on Monday, May 20, 2025, despite improvements in trading …
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