Nigerian stocks post N740bn weekly gain
Nigerian stocks finished the week with a gain of N740bn as the benchmark index rose by 5.30 percent. The Nigerian
Read more
Stocks
Transcorp Hotels gets approval for free float compliance extension
The Nigerian Stock Exchange has approved Transcorp Hotels’ request for a three-year extension of its free float compliance. The company
Read more
Nigerian stocks soar, investors rake in N710bn in one day
Total market value hits record N15.11tn Nigerian stocks surged by nearly five percent on Tuesday, with investors gaining N710bn as
Read more
11Plc, formerly Mobil Oil, reports 37% profit drop
11Plc, one of the major oil marketing companies in Nigeria, saw its profit after tax plunge by 37 percent for
Read more
Dangote Cement’s total debt hits N393bn
Dangote Cement Plc, Africa’s biggest cement producer, has increased its total debt to N393 billion following the recent completion of
Read more
Ardova, formerly Forte Oil, posts 85% profit drop
Ardova Plc, formerly Forte Oil Plc, has reported an 85 percent decline in its profit after tax for the three
Read more
Nigerian stock market suffers N219bn foreign outflows in 4 months
Foreign investors pulled out a total of N218.80 billion from the Nigerian stock market in the first four months of
Read more
Stock investors gain N700bn as Nigerian bourse rises
Stock investors recorded a gain of N700 billion this week as the Nigerian Stock Exchange All-Share Index rose by 5.59
Read more
Real estate firm, UPDC, posts N2.65bn quarterly loss
UAC Property Development Company Plc, a Nigerian real estate firm, more than doubled its loss for the three months ended
Read more
Dangote Cement’s quarterly profit grows to N104.76bn
Dangote Cement Plc posted a profit after tax of N104.76 billion for the three months ended March 31, 2020, compared
Read more