N Seven Raises Guinness Nigeria Stake to 70.9%
N Seven Nigeria Limited, the Tolaram Group company that controls Guinness Nigeria Plc, has increased its stake in the brewer to 70.9 per cent, according to a disclosure to the…
NGX market losses hit N2.93 trillion as stocks plunge for second day
NGX market losses reached N2.932 trillion in two trading sessions as investors continued to sell equities on the Nigerian Exchange Limited. The market lost N1.17 trillion on Tuesday. However, losses…
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.…
Nigerian Stock Market Losses Hit N2.18 Trillion as Sell-Off Deepens
|By Babatunji Wusu – Nigerian stock market losses climbed to N2.18 trillion on Thursday as investors extended a broad sell-off on the Nigerian Exchange. Market capitalisation fell by 1.41%, dropping…
Investors Lose N4.9tn as NGX Rally Slows
By Babatunji Wusu| The Nigerian stock market suffered a major setback last week as investors lost more than N4.915 trillion amid widespread profit-taking across key sectors of the economy. Data…
Fidelity Bank Posts Strong Q1 Growth
Fidelity Bank Plc delivered a strong financial performance in the first quarter of 2026, reporting a 37.9 per cent rise in gross earnings to N434.95 billion. The impressive result highlights…
NGX Announces Major Expansion of Daily Trading Hours
By Babatunji Wusu The Nigerian Exchange Limited (NGX) has officially announced a significant change to its market operations. Starting from April 27, 2026, the exchange will expand its daily trading…
