[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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Stocks
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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Seplat CEO Roger Brown buys company shares worth N17bn
Roger Brown, chief executive officer of Seplat Energy, has bought shares of the company worth N17 billion. The company announced
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Tolaram moves to buy out minority shareholders in Guinness Nigeria
N Seven Nigeria Limited, owned by Singapore-based Tolaram, is on course to buy out the minority shareholders in brewing firm
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Foreign investors dump Nigerian stocks worth N46bn in January
Foreign investors sold Nigerian stocks valued at N45.85 billion last month, compared to a withdrawal of N40.49 billion in December,
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Nigerian Breweries’ annual loss widens to N144.88bn
Nigerian Breweries saw its loss after tax widen to N144.88 billion last year from N106.31 billion in 2023. Its revenue
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