Elumelu’s United Capital Buys Stake in Parent of Nigerian Stock Exchange
United Capital Group, a pan-African investment banking and financial services group, has completed the acquisition of a 5% equity stake
Read more
Stocks
NGX Woos Middle East Investors for Dangote Refinery IPO During Abu Dhabi Visit
In a strategic move to deepen international financial ties and attract foreign investment, the group chairman of the Nigerian Exchange
Read more
Dangote Reschedules Refinery IPO, Says Private Bids Top $2 Billion
Aliko Dangote, President and Chief Executive of the Dangote Group, announced on Wednesday that the highly anticipated initial public offering
Read more
Nigeria’s Oldest Bank Hits N3 Trillion Market Value as Shares Jump on Q1 Earnings
First HoldCo Plc, Nigeria’s oldest banking group, crossed the N3 trillion market capitalisation mark on Friday for the first time,
Read more
Dangote Cement Back as Nigeria’s Most Valuable Firm as MTN Slips to Third
Dangote Cement, Africa’s largest cement producer, has returned as the most valuable company on the Nigerian Exchange Limited, after MTN
Read more
Dangote Cement Crosses N1,000 Share Price for First Time
Dangote Cement, Africa’s largest producer of the building material, has become the latest company on the Nigerian Exchange Limited (NGX)
Read more
Dangote Cement Overtakes BUA Foods, Closes in on MTN for Top Market-Cap Spot
Dangote Cement has surpassed BUA Foods to become the second most valuable company listed on the Nigerian Exchange (NGX), after
Read more
Dangote Sugar, Fidelity Bank Rejoin Trillion-Naira Valuation Club
Fidelity Bank and Dangote Sugar Refinery saw their market capitalisation hit the N1 trillion mark again as their shares jumped
Read more
Stock Investors Gain N5.56 Trillion; MTN Returns as Most Valuable Firm
The market capitalisation of equities listed on the Nigerian stock exchange jumped by N5.56 trillion on Wednesday to N152.73 trillion,
Read more
UBA Shares Slump 23% in Two Days After Lender Suspends Final Dividend
Shares of United Bank for Africa Plc (UBA) fell 23.3% in two days after the lender said it would not
Read more