Nigerian Bourse Shuts Alternative Securities Market 12 Years After Creation, Suspends Firm
The Nigerian Exchange Limited (NGX) announced on Friday that it has resolved to wind down the Alternative Securities Market (ASeM)
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Stocks
BUA Foods Powers Ahead With Market Cap Surging to N11.33trn
BUA Foods, the third listed company to reach N10 trillion in market capitalisation, boosted its valuation on Monday as its
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Nigeria’s Stock Exchange Loses Three Oil Firms in Four Years
The ranks of listed oil and gas companies in Nigeria have shrunk by a quarter since 2021 as three operators
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MRS Oil Nigeria Leaves Stock Exchange 55 Years After Listing
MRS Oil Nigeria Plc, a major fuel marketing company, has exited the country’s stock exchange 55 years after listing. The
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How Airtel Africa Fell From First to Fourth Place on Nigerian Bourse in Four Days
As of Monday, Airtel Africa Plc was the biggest listed company by market capitalisation in Nigeria. But it dropped to
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Okomu Oil Joins Rival Presco in Trillion-Naira Valuation Club
The market capitalisation of Okomu Oil Palm Plc hit the N1 trillion mark on Tuesday for the first time as
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Unilever Nigeria’s Half-Year Earnings Climb More Than Eightfold
The earnings of Unilever Nigeria Plc, a fast-moving consumer goods firm, surged to N8.85 billion in the first half of
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MRS Oil Shares Suspended Ahead of Exit From Stock Exchange
Shares of MRS Oil Nigeria Plc were suspended from trading on Friday ahead of the company’s exit from the stock
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Champion Breweries Swings to Half-Year Profit as Revenue Surges
Champion Breweries reported a profit after tax of N2.29 billion for the first half of 2025 compared with a loss
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Dangote Sugar’s Half-Year Net Loss Narrows to N24bn
Dangote Sugar Refinery posted a loss after tax of N24.27 billion for the first six months of the year compared
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