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
Stocks
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
BUA Foods Overtakes MTN Again, Returns as Nigeria’s Most Valuable Firm
Less than three months after it lost its crown as the most valuable listed company to MTN Nigeria Communications, BUA
Read more
Nigerian Stock Exchange Adds Two Hours to Daily Trading Window
Nigerian Exchange Limited (NGX) has announced the expansion of its trading hours from 9:00 a.m. to 4:00 p.m. (WAT), effective Monday, 27
Read more
Elumelu-Controlled Seplat Becomes First Listed Firm to Hit N10,000 Share Price
Seplat Energy, a major independent oil and gas company in Nigeria, has made history as the first listed firm on
Read more
Dangote Cement Director Shankar Sells Shares Worth N71bn
A non-executive director and shareholder of Dangote Cement Plc, Viswanathan Shankar, has sold 94,545,073 units of the company’s shares, valued
Read more
Zenith Dethrones GTCO as Nigeria’s Most Valuable Bank Amid London Listing Plan
Zenith Bank Plc has overtaken Guaranty Trust Holding Company (GTCO) to become Nigeria’s most valuable banking group after its shares
Read more
BUA Cement Becomes Fourth Firm to Hit N10trn Valuation, Overtakes Airtel Africa
BUA Cement has become the fourth company on the Nigerian Exchange Limited (NGX) to cross the N10 trillion valuation mark,
Read more
Aradel Surges Past Seplat to Become Nigeria’s Sixth Most Valuable Firm
Aradel Holdings has overtaken Seplat Energy to become the sixth most valuable company on the Nigerian Exchange (NGX), after its
Read more
Chinese-Controlled Lafarge Africa Soars as Revenue Tops N1trn for First Time
Lafarge Africa Plc, the Lagos-listed cement producer now majority-owned by China’s Huaxin Building Materials Group Co., Ltd, saw its share
Read more