The Nigerian stock market crossed a major milestone, as the market capitalization hit a new high of N80.144 trillion, showing strong investor confidence, especially in mid- and low-cap stocks. This …
Nigerian Stock Market
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Banking, Finance & InvestmentBusinessEconomy
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BusinessEconomyFinance & ServicesINVESTMENTMarkets
Nigerian Exchange Gains N279bn as Investors Rally
The Nigerian Exchange Limited (NGX) opened the week on a bullish note as market capitalisation rose by ₦279 billion on Monday, June 24, 2025, driven by renewed buying interest in …
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Banking, Finance & InvestmentEconomyFinance & ServicesInsuranceMarketsNigeriaOil & Gas
Nigerian Stock Market Gains N1.18tn in One Day as Insurance
The Nigerian Exchange (NGX) closed strong on Wednesday, 19 June 2025, with investors showing renewed interest in insurance and oil and gas stocks, pushing the market capitalisation up by ₦1.18 …
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BusinessINVESTMENTMarketsNewsNigeria
Nigerian Stock Market Hits N70 Trillion Milestone as Bulls Maintain Momentum
The Nigerian stock market continued its bullish run this week as investor confidence pushed the market capitalisation of the Nigerian Exchange Limited (NGX) past the N70 trillion threshold for the …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTMarketsNigeria
Fidelity Bank Denies Insider Trading Allegation Against MD/CEO Nneka Onyeali-Ikpe, Calls Report False and Malicious
Fidelity Bank Plc has strongly refuted a recent report alleging that its Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, was involved in insider trading and used bank funds …
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AfricaBusinessBusiness InsightsEconomyHealthcareMarketsNigeriaWestern Africa
Fidson Hits ₦44.64bn Market Capitalisation, Celebrates 30 Years with Record Growth
Fidson Healthcare Plc has reached a major milestone in its 30th anniversary year, hitting a market capitalisation of N44.64 billion as of April 2025. The indigenous pharmaceutical manufacturer also reported …
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AFRICA NEWSBusinessBusiness InsightsEconomyEntrepreneurshipGOVERNMENTINVESTMENTMarketsNewsTechnology
Custodian Investment Grows Profit by 133%, Pays ₦60.67bn Before Tax in 2024
Custodian Investment Plc has recorded a major profit jump, ending the 2024 financial year with a profit before tax of ₦60.67 billion. This marks a 133 per cent increase from …
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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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EconomyFinance & ServicesINVESTMENTNewsNigeriaTechnology
CWG Doubles Dividend as Profit Jumps by 428%, Shareholders Celebrate Strong 2024 Performance
Computer Warehouse Group (CWG) has recorded one of its best financial years in history, posting an impressive 428 per cent growth in profit after tax, and as a result, more …
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Banking, Finance & InvestmentEconomyNigeriaWestern Africa
GTCO Records 107.8% Profit Growth, Hits N1.26 Trillion in 2024
Guaranty Trust Holding Company Plc (GTCO) has announced an impressive 107.8% growth in profit before tax, reaching N1.266 trillion for the financial year ended December 31, 2024. This marks a …