Capital Market
Nigerian stock market losses continue, BUA Cement leads decline
The Nigerian stock market continued its poor performance as it started the new week on a low costing investors over N200 billion in just hours of trading.
Nigerian stock market ends week on negative as investors lose N366bn in hours
Nigerian stock market investors reported a loss of N366 billion on the last trading day of the week, which ended on Friday, March 14, as Tantalizers led the decline.
Stocks market rises by N82bn after consecutive sessions of negatives
Nigerian stock market investors have recorded an improvement after a two-day loss as Tantalizer, Accesscorp, Zenith Bank, and Guaranty Trust attract investors.
Naira depreciation cost Nigerian companies over N2 trillion in foreign exchange losses
Nigerian companies have recorded huge foreign exchange losses, with MTN Nigeria, Nestlé, and Nigerian Breweries Plc among those that suffered the biggest losses.
Beer maker Champion Breweries posts over N800m profit in 2024
Champion Breweries Plc has announced a massive revenue of over N800 million in revenue in 2024 financial year despite economic challenges faced by Nigeruans.
Investors lose over N280bn in hours as Nigerian stock market records 3rd day of negative close
Nigerian stock market investors have recorded a loss of over N289 billion in one day after equity capitalisation declined amid low trading activities.
Dangote refinery, NNPC, another oil company to invite Nigerians to buy shares, FG confirms
The Nigerian government has said it is engaging the Dangote Refinery, the Nigerian National Petroleum Company Limited (NNPC) and NLNG to list on the NGX.
Companies to raise funds faster as SEC cuts approval period to 14 days
The Securities and Exchange Commission (SEC) is keeping to its promise to streamline its processes, and has now reduced the waiting time for capital raise approval
Shareholders react to PZ Cussons plans to convert $34.3 million debt to equity
The recent plans of PZ Cussons Nigeria to convert its huge debt to equity have sparked controversies among shareholders who warn that it could spell doom.
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