MARKET
Flour Mills of Nigeria Sees Sharp Profit Decline
Flour Mills of Nigeria has unveiled its audited financial statement for the fiscal year ending March 31, 2024, disclosing a...
Significant Drops in Nigeria’s FX and Fixed Income Markets in April 2024
Nigeria's financial markets experienced notable declines in turnover during April 2024, according to the FMDQ Markets Monthly Report. The Spot...
Dangote Refinery to Pursue Dual Stock Exchange Listing
Nigeria’s Dangote Refinery is preparing for a dual listing on both the London and Nigerian stock exchanges, a senior executive...
Nigerian Equity Market Falls to N346.23 Billion in April 2024
The Nigerian Exchange Limited (NGX) has announced that total domestic and foreign portfolio transactions in Nigeria's equity market amounted to...
Reddit Partners with OpenAI to Integrate Content into ChatGPT
Reddit has formed a partnership with OpenAI to integrate its content into the popular chatbot, ChatGPT. The collaboration was announced...
Zenith Bank Approves N125.6 Billion Dividend Payment for 2023
Zenith Bank, a major player in Nigeria's financial sector, has approved a substantial dividend payment of N125.6 billion for the...
Nigerian Stock Market Starts May Strong, All-Share Index Up
The Nigerian Exchange Group (NGX) kicked off May on a bullish note, with the All-Share Index rising by 0.55% to...
NGX Fines Three Companies for Regulatory Breaches
The Nigerian Exchange Limited (NGX) has imposed fines on three listed companies—,African Alliance Insurance Plc NCR (Nigeria) Plc, and eTranzact International...
MTN Nigeria Tackles Forex Losses with Financial Strategies
MTN Nigeria, one of the country's leading telecom providers, has encountered significant financial strain attributed to the persistent depreciation of...
CBN Directive Halts Fintechs’ New Account Openings
In response to a directive from the Central Bank of Nigeria (CBN), leading fintech companies such as Kuda Bank, Moniepoint,...
