The Nigerian Exchange Limited (NGX) has imposed fines totaling N76.8 million on nine listed companies for not submitting their audited financial statements by the regulatory deadline. Nairametrics' investigation revealed that ...
Olusegun Alebiosu has been officially appointed as First Bank of Nigeria Limited's Managing Director (MD) and Chief Executive Officer (CEO). In a note sent on Wednesday, the company's secretary, Adewale ...
When MTN Nigeria sold 575 million common shares to Nigerians for N169 a share in a solely digital offer in December 2021, the Nigerian capital market saw its first DPO. ...
The Dangote Sugar Refinery has said that it has raised N42.79 billion by issuing Series 4 and 5 Commercial Paper notes. The most recent commercial notes were issued as part ...
The owners of Dufil Prima Foods, Tolaram Group, have announced plans to purchase Guinness Nigeria Plc's 58.02 percent stake from Diageo. It would eventually be delisted from the stock market ...
Guinness Nigeria Plc's foreign majority stakeholder, Diageo, has decided to sell Tolaram, a global company based in Singapore, its controlling ownership holding of 58.02 percent. In accordance with a deal ...
Monday's N323 billion increase in the equity market was fueled by gains made by Access Holding, Flour Mills Nigeria, Total Nigeria, and 27 other companies. The market capitalisation and the ...
International Breweries Plc has allowed non-shareholders of the company to participate in its rights issue. A statement from the brewer, which is a part of AB InBev, the largest brewer ...
The Nigerian Exchange on Monday lost N102bn, underpinned by losses in First Bank of Nigeria Holdings, Seplat Energy and Transcorp. The All-Share Index declined and market capitalisation by 0.18 per ...
The equity market extended its rally to the fourth consecutive trading day as investors gained about N259bn on Thursday. The benchmark index and the market capitalisation of the Nigerian Exchange ...
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