Aradel shares tumble after report of GTBank co-founder’s N10.9bn sale
Aradel Holdings saw its shares plunge for the first time in more than two weeks on Thursday, a day after
Read more
Stocks
Dangote Cement shares plunge further, lose N1.55trn in two days
Dangote Cement extended its decline on Wednesday as its share price tumbled by the daily limit of 10 percent to
Read more
GTB co-founder offloads N10.9bn worth of Aradel shares
A co-founder of Guaranty Trust Bank, Fola Adeola, has sold shares of Aradel Holdings worth N10.9 billion. Adeola sold 18.25
Read more
Airtel displaces Dangote Cement as most valuable stock, BUA Foods now second
Dangote Cement plunged by 9.98 percent at the end of trading on Tuesday, losing its crown as the most valuable
Read more
These African countries don’t have stock exchanges
Africa, home to 54 countries, has 30 stock exchanges, including two regional bourses. More than 20 countries have no national
Read more
[LIST] Number of African stock exchanges now 30 as Ethiopian bourse goes live
Africa is now home to 30 stock exchanges, with the latest being the Ethiopian Securities Exchange, which began trading on
Read more
MTN Nigeria’s valuation tops N5trn as shares soar
MTN Nigeria Communication Plc saw its market capitalisation cross the N5 trillion mark on Thursday as its shares soared by
Read more
FBNH boss buys N112m shares in lender 47 days after taking office
Bowarol Investment Limited, owned by Adebowale Oyedeji, the group managing director of FBN Holdings (FBNH), has bought shares worth N112.36
Read more
Nigerian stock exchange launches commodity index
The Nigerian Exchange Limited (NGX) has launched a broad market commodity index that captures and tracks the collective movements of
Read more
Nigerian stocks post lower annual return, gain N21.84trn in market cap
The Nigerian stock market finished 2024 with a lower return compared to the previous year, official data shows. The benchmark
Read more