Nigerian Breweries Posts First Quarterly Profit in Three Years
Nigerian Breweries Plc, the country’s biggest brewer, reported a profit for the first time since the first quarter of 2022,
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Stocks
Nigerian Stock Exchange Sends Three More Firms Packing
The Nigerian Exchange Limited (NGX) announced on Friday that the securities of Capital Oil, Goldlink Insurance and Medview Airline have
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Net Loss at AIT’s Parent DAAR Communications Widens to N2.3bn
DAAR Communications Plc, owner of the African Independent Television and Raypower FM, saw its loss after tax widen by 44
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From Cryptos to Ponzi Schemes: What to Know About Nigeria’s New Capital Market Law
The Nigerian capital market has a new law following President Bola Tinubu’s assent to the Investments and Securities Act (ISA) 2024, which repeals the
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[BREAKING] Tinubu Signs Investments and Securities Act 2024 into Law
The Securities and Exchange Commission (SEC) announced on Saturday that President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2024,
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MRS Oil Nigeria Set to Exit Stock Exchange 55 Years After Listing
By Lydia Oluremi MRS Oil Nigeria Plc, a major fuel marketing company, is on track to exit the country’s stock
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[BREAKING] NNPC Set to List on Stock Exchange in Biggest IPO
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it is at the final stage of getting listed in the
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Zenith Bank’s Valuation Falls Below N2trn After Record Profit
Zenith Bank, Nigeria’s second-biggest lender by market capitalisation, saw its valuation fall below the N2 trillion mark on Thursday after
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Mutual Benefits shares back for trading after 8-month ban
The Nigerian Exchange Limited has lifted the suspension on trading in the shares of Mutual Benefits Assurance Plc. The company
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Shareholders pull plug on PZ Cussons Nigeria’s $34m loan conversion
Minority shareholders of PZ Cussons Nigeria Plc (PZCN) have thwarted the company’s plan to convert $34.26 million (N51,79bn) of the
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