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
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Stocks
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
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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
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[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
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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
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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
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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
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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
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Flour Mills exits Nigerian stock exchange 45 years after listing
Flour Mills of Nigeria, listed in November 1978, is the latest company to leave the Nigerian Exchange Limited (NGX). The
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Vitafoam slashes dividend as annual profit slumps 89%
Vitafoam’s board of directors has approved a dividend payment of N1.31 billion, or N1.05 per share, for the year ended
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