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…
FCMB Group Doubles Half-Year Profit to ₦157.3bn
FCMB Group Plc has reported a strong financial performance for the first half of 2026, with profit before tax almost doubling to ₦157.3 billion, up 99 per cent from ₦79.1…
Nigerian Stocks Slip as Profit-Taking Ends Rally
The Nigerian stock market started the new trading week on a weaker note as widespread profit-taking erased N76.56 billion from investors’ wealth, bringing its recent rally to a halt. The…
NGX Extends Rally as Investor Confidence Grows
The Nigerian stock market continued its upward momentum last week, with the NGX All-Share Index (ASI) rising to 247,357.40 points as investors increased demand for large-cap and fundamentally strong stocks.…
FirstHoldCo Posts 83.5% Profit Growth in H1 2026
FirstHoldCo Plc has reported a strong financial performance for the first half of 2026, with profit before tax (PBT) rising by 83.5 per cent to ₦653.5 billion, compared with ₦356.15…
