Market activity experienced a subdued tone as the Nigerian Exchange Group (NGX) closed flat, with the All-Share Index (ASI) gaining a marginal 0.02% to settle at 71,025.16 points. While the ...
Nigerian banks Unity Bank and Providus Bank are currently engaged in discussions about a potential business combination, according to sources familiar with the matter. The talks, in the exploratory stages ...
1. NGX to shed N193bn as Union Bank delists Total value of shares listed on the Nigerian Exchange Limited, NGX, is to drop by N193.7 billion following the delisting of ...
The Chairman of the Nigerian Exchange Group (NGX), Dr Umaru Kwairanga, has provided insights into an ambitious plan for dual listing with the Saudi Exchange, shedding light on the pivotal ...
1. Portfolio reshuffling trail bullish stock market Positive sentiment and portfolio reshuffling pervaded the Nigerian stock market last week fueled by recent developments in the foreign exchange, FX, landscape amidst ...
Investors in the cement manufacturing companies listed on the Nigerian Exchange Limited have had their wealth increased by about N715.89bn in the third quarter of the year. This was contained ...
The value of pension funds has declined by 45.18 per cent when valued in dollars, following the devaluation of the naira. Data obtained from the National Pension Commission’s website showed ...
MTN Nigeria has raised N52. 89bn from its Series 8 & 9 Commercial Paper issuance under its N250 billion Commercial Paper Issuance Programme. This was revealed in a notice filed ...
At least six of the top banks in Nigeria grew their profits by 214 per cent to N2.06tn in the period ended September 2023 compared to N656.15bn recorded in the ...
TAJBank Limited has once again emerged as the recipient of BusinessDay's esteemed 'Islamic Bank of the Year Award' for the third consecutive year. This remarkable achievement was celebrated at the ...
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