Nigerian Breweries Posts N57bn Loss, Blames Weaker Naira, Rate Hikes
Nigerian Breweries, one of the biggest brewers in the country, posted a net loss of N57.19 billion in the third
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Stocks
Transcorp Hotels’ Profit More Than Doubles as Revenue Rises
Transcorp Hotels reported a profit before tax of N2.02 billion for the third quarter of this year, up from N922.65
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Unilever Nigeria Swings to Profit in Q3 as Revenue Rises
Unilever Nigeria Plc reported a profit before tax of N389.3 million in the third quarter of this year, compared with
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Geregu Power’s Quarterly Profit Soars More Than Sevenfold
Geregu Power Plc, one of the electricity generation companies in Nigeria, reported a profit before tax of N5.86 billion for
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Airtel overtakes MTN Nigeria as second most valuable firm
Airtel Africa Plc has overtaken MTN Nigeria Communications Plc to become the second most valuable firm on the Nigerian stock
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Nigerian bourse, Afrinvest, tech firm join forces to woo investors
SecondSTAX, a technology company, has announced a new partnership with the Nigerian Exchange Limited (NGX) that will enable institutional investors
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Nigerian stock exchange, sister companies get new chairmen
New chairmen have been appointed for the three subsidiaries of Nigerian Exchange Group Plc (NGX Group) – Nigerian Exchange Limited
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VFD Group’s listing adds N45bn to Nigeria’s stock market
VFD Group Plc, a proprietary investment company, has listed on the Main Board of Nigerian Exchange Limited (NGX). The listing
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Nigeria infrastructure fund woos stock investors with quarterly dividends
The first local currency-denominated infrastructure investment trust fund in Nigeria and Sub-Saharan Africa, Nigeria Infrastructure Debt Fund (NIDF), has been
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Chapel Hill Denham to list N200bn infrastructure fund on NGX
Chapel Hill Denham is poised to list the Nigeria Infrastructure Debt Fund (NIDF), a N200 billion public infrastructure investment fund,
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