Stock market sheds N800bn as profit-taking ends rally
The recent bullish momentum on the Nigerian Exchange Limited (NGX) came…
FG issues N729bn power sector bond to settle GenCos, gas debts
The federal government has issued a N729 billion series 2 power sector…
NGX takes FTSE Frontier Market case to London
The Nigerian Exchange Group has intensified efforts to secure Nigeria's long-awaited reclassification…
Otedola increases First HoldCo ownership to 20.4% as stock rallies 71% in one month
Billionaire investor Femi Otedola combined interest in First HoldCo Plc increased to…
NGX sheds N1.3trn as profit-taking hits cement, banking blue chips
Nigeria’s equity market suffered one of its sharpest single-day setbacks in recent…
Nigeria’s stock market overtakes South Korea as world’s best-performing
Nigeria’s stock market has emerged as the world’s best-performing equity market in…
FTSE reclassification review raises fresh concerns over Nigeria’s stock market reform
Nigeria's equity market has been dealt a potentially significant setback after…
Naira hits N1,825/£1 as pound sterling slumps on UK’s political uncertainty
The Nigerian naira strengthened against the British pound on Nigeria’s foreign…
Davido leak fuels buzz over Dangote Refinery’s $39.1bn IPO
A social media post by music superstar Davido has unexpectedly thrust Dangote…
IMF faults banks over uneven interest rate transmission
Nigerian banks have come under scrutiny from the International Monetary Fund…
