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…
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…
NGX Rally Continues as Investors Gain N961.75bn
Nigeria’s equities market maintained its strong performance on Thursday, extending its winning run to five straight trading sessions as increased demand for banking, telecommunications and consumer goods stocks boosted investors’…
