MARKET
Geregu Power Plc record profit growth, shares up 188%
Geregu Power Plc, Nigeria’s first publicly listed power generation company, has announced remarkable financial results for the nine months ending...
BUA Foods reports N729.4bn revenue, proposes N5.50 dividend
BUA Foods Plc has announced a revenue of N729.4 billion for the 2023 financial year, a 74.4% rise compared to...
Nigerian Stock Market rises despite CBN’s interest rate hike
Nigeria's stock market continued its upward momentum on Wednesday, defying the Central Bank of Nigeria’s (CBN) recent decision to raise...
Geregu Power market value reaches N2.8tn
Geregu Power Plc, a leading player in Nigeria’s electricity generation market, has seen its market capitalization soar to N2.8 trillion...
Investors gain N99bn as Nigerian stock market ends on a high
In a strong finish to the week, the Nigerian stock market closed on a positive note, with investors adding N99...
NGX lifts suspension on Guinea Insurance Plc
The Nigerian Exchange Ltd. (NGX) has officially lifted the suspension on trading in the shares of Guinea Insurance Plc, effective...
Investors pour millions into Ethereum ETFs amid market turmoil
On Monday, investors funneled millions into U.S. spot Ethereum ETFs despite a volatile global market experiencing widespread sell-offs and recession...
Global Market turmoil jeopardizes Nigerian bank recapitalization
The global stock market downturn is set to impact the recapitalization efforts of Nigerian banks, according to Nairametrics Research. On...
BlackRock Closes $400M iShares Frontier ETF
BlackRock, the world’s largest asset manager, announced plans to close its $400 million iShares Frontier ETF, which invests in equities...
Airtel Africa Announces Dividends and Buyback Progress
Airtel Africa, a major telecommunications company in Africa, recently announced details about its plan to distribute profits to shareholders (dividend...
