2025 Review: Nigerian stocks pull off strongest performance in 18 years, yielding 51%
The inflation-beating performance stands 36.8 per cent higher than consumer inflation for November, which was 14.5 per cent.
The inflation-beating performance stands 36.8 per cent higher than consumer inflation for November, which was 14.5 per cent.
The session, attended by capital market operators, fund managers, analysts, and other stakeholders, provided insights into the Group's fundamentals, growth ...
This significant payout represents over 60% increase from the N31.4 billion paid in H1 2024, demonstrating the bank's commitment and ...
The audited results released by the Nigerian Exchange (NGX) also show that the Cost of Sales rose from N319.19 billion ...
MeCure said the off-market deal was finalised, following clearance from the NGX.
The move will end the public company status of Nigeria’s second-oldest commercial bank almost 54 years after it joined the ...
Profit after tax also grew by triple digits, growing by 162% from N111.4 billion to N291.7 billion in the same ...
The Lagos-based firm plans to source N12.5 billion from stockholders via a rights issue and N20 billion through debt.
For the fourteenth year in a row, the Bank has held its position as the number one Tier-1 bank in ...
The growth in the topline was propelled by substantial increases in both interest income and non-interest income
Transcorp shares slumped 9.9 per cent on the Nigerian Exchange (NGX) in Lagos
At current market value, Mr Otedola’s investment in Transcorp by way of equity now stands at over N6.3 billion
In 2023, the Group intends to expand its frontiers as it also reorganises into a holding company structure, adding new ...
According to the unaudited account presented to the Nigerian Exchange (NGX), the growth in the topline was driven by interest ...
Geregu's shares were priced at N100 per unit at market open but went on to add 10 per cent, the ...
That translates to 64.3 per cent of the cumulative trade executed on the exchange January through April.
Zenith Bank’s total assets grew by 9% from N9.45 trillion to N10.32 trillion in 2022, mainly driven by growth in ...
The decision follows a sterling earnings performance by the company last year, marked by a roughly three-times leap in net ...
Profit before tax stood at N195.7 billion, 194 per cent higher than that of 2020, while after-tax profit rose 334 ...
The two subsidiaries are Pension Managers and Investment One Funds Management
PREMIUM TIMES learned that Mr Otedola acquired at least 2.5 per cent additional interest in the company, bringing his total ...
Exchange rate: one dollar to N413.64 and one dollar to 0.7468 GBP.
Ms Gebreyes is the founding partner of Satya Capital Ltd., a private investment firm specialising in Africa-related investments.
There has been a hiatus of three years in the IPO market of the exchange.
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