Dangote Refinery Launches N2.15tn IPO
Dangote Petroleum Refinery & Petrochemicals FZE has opened its initial public offering (IPO), giving investors a chance to own part of Africa’s largest refinery. The Dangote Refinery IPO officially opened…
NGX Market Loses N1.9tn as Investors Take Profits
The Nigerian equities market ended its recent rally last week as investors took profits, wiping about N1.9 trillion from the market. The market had enjoyed strong gains the previous week,…
Bitcoin Posts Best August Since 2017, Nears $81,000
Bitcoin (BTC) recorded its strongest August performance since 2017, rising about 25 per cent to end the month near $80,000. As of September 4, BTC was trading at $80,681, representing…
Nigeria Stocks Rebound As Five Shares Stand Out
After two weeks of losses, Nigerian stocks regained momentum last week as stronger buying interest pushed market capitalisation up by 0.8 per cent. The oil and gas sector led the…
Airtel Africa Expands Share Buyback to $65m
Airtel Africa Plc has bought and plans to cancel 927,133 ordinary shares acquired between 10 and 14 August 2026 as part of its ongoing share buyback programme. The company executed…
Cement Market to Hit N5.8tn as Housing Costs Rise
Nigeria’s cement market could grow from about N3.59 trillion in 2025 to more than N5.8 trillion by 2030, reflecting strong demand across construction and infrastructure. The Global Cement Group expects…
NGX Declares N1.30 Interim Dividend
Nigerian Exchange (NGX) Group Plc has announced an interim dividend of N1.30 per ordinary share for the six months ended June 30, 2026, following an impressive first-half financial performance driven…
Nigeria Forex Inflows Hit Five-Month High
Total inflows into the Nigerian Foreign Exchange Market (NFEM) climbed to a five-month high of $4.36 billion in July, driven by stronger Central Bank of Nigeria (CBN) interventions and increased…
Presco Proposes N10 Interim Dividend After Strong Half-Year
Presco interim dividend highlights the company’s resilient financial performance after it reported stronger profits despite a challenging operating environment. Presco Plc, Nigeria’s leading fully integrated agro-industrial company, has proposed an…
NGX Rebounds as Investors Gain ₦481bn
The Nigerian Exchange (NGX) bounced back on Tuesday as renewed buying interest across insurance, industrial, and consumer goods stocks added ₦481.18 billion to investors’ wealth. The recovery erased Monday’s losses…
