The Nigerian stock market recorded a strong rebound last week as investors’ portfolio value rose by more than N986 billion within five trading sessions. The development marked the end of …
Nigerian Stock Market
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BankingEconomyINVESTMENTManufacturing & Consumer GoodsOil & GasStock Market
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BankingCapital MarketCBNEconomic DevelopmentFinance & ServicesINVESTMENT
Will Banking Sector remain a Profitable Investment in 2026 as tier 1 stocks near triple-digit returns
In the past two years, Nigerian banks have delivered some of the most impressive returns on the stock market. Tier-1 banks such as Zenith, Access, UBA, GTCO, and First HoldCo …
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BusinessCapital MarketCorporate NewsEconomyINVESTMENTNigeria
NASD Declares First Dividend as Shareholders Celebrate Turnaround
Shareholders of NASD Plc have commended the company’s board and management for steering it out of years of losses to profitability, leading to its first-ever cash dividend payout. At the …
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AfricaBankingBanking, Finance & InvestmentCorporate EarningsINVESTMENTMarkets
United Capital Plc Posts N11.89bn Half-Year Profit
United Capital Plc has announced a profit after tax of N11.89bn for the first half of 2025, representing a remarkable 522 per cent increase compared to the same period in …
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BusinessEconomyFinance & ServicesManufacturing & Consumer GoodsMarketsNigeria
Nestlé Nigeria Returns to Profit with N50.6bn Half-Year Gain After Heavy Loss in 2024
Nestlé Nigeria Plc has bounced back to profitability, posting a profit after tax of N50.6bn for the half-year period ended June 30, 2025. This strong recovery comes after the food …
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BusinessCapital MarketEconomyFinance & ServicesMarkets
NGX Market Capitalisation Increases by N459bn as BUA Cement
The Nigerian Exchange Limited (NGX) continued its upward momentum on Tuesday, August 6, 2025, as the market saw renewed buying interest in major stocks. The All-Share Index (ASI) climbed by …
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BusinessEconomyFinance & ServicesManufacturingMarkets
Lafarge Africa Reports N268.6bn Q2 2025 Revenue, Up 70% Year-on-Year
Lafarge Africa Plc, a top cement and building solutions provider in Nigeria, has reported a substantial increase in revenue for the second quarter of 2025, with sales hitting N268.63 billion. …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTINVESTMENTMarkets
Nigerian Stock Market Hits Historic Highs with 136% Gain Under Tinubu Presidency
The Nigerian stock market is experiencing its most remarkable growth since the country’s return to democracy in 1999, recording a 136% gain in the All-Share Index (ASI) under President Bola …
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Banking, Finance & InvestmentBusinessEconomy
Nigerian Stock Market Crosses N80trn Mark as Mid-Low Cap Stocks Drive Gains
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 …
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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 …