Dangote Cement Market Value Surpasses ₦20 Trillion
Dangote Cement Plc, owned by Nigerian billionaire Aliko Dangote, has crossed the ₦20 trillion market value mark for the first time on the Nigerian Exchange after its shares rose by…
E-Tranzact Leads NGX Gainers With 42.98% Weekly Rally
By E-Tranzact International Plc emerged as the Nigerian Exchange Limited’s best-performing stock in the week ended October 16, rising 42.98 per cent to ₦17.30 despite declining profits. The electronic payments…
Dangote Foundation Targets 777,907 Women for Refinery Shares
The Aliko Dangote Foundation (ADF) says 777,907 vulnerable women across 15 Nigerian states are set to receive 15.56 million shares in Dangote Petroleum Refinery and Petrochemicals through its Women Share…
Nigerian Stock Market Loses ₦534bn as Banking Stocks Slide
Nigeria’s equities market lost about ₦534 billion in value last week, extending its decline to three consecutive weeks as losses in major banking stocks weighed on investor sentiment. The Nigerian…
SEC Warns Investors Against Dangote IPO Fraud
The Securities and Exchange Commission (SEC) has urged Nigerians taking part in the ₦2.15 trillion Dangote Refinery IPO to protect themselves from fraudsters. The warning came as the highly anticipated…
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 Manufacturers Hold N1.77tn in Unsold Goods
Manufacturing companies listed on the Nigerian Exchange Limited (NGX) entered the second quarter of 2026 with combined inventories of about N1.77 trillion, while their cost of sales reached N1.43 trillion.…
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 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…
Transcorp Declares ₦4.1bn Interim Dividend Despite Lower Profit
Transnational Corporation Plc (Transcorp) has reported a half-year 2026 revenue of ₦241.5 billion and a profit before tax of ₦75.9 billion, while declaring an interim dividend of 40 kobo per…
