Capital Market
“N100/Share”: Investors smile as Femi Otedola’s electricity firm rakes in N30.2 billion in 6 months
Electricity company owned by billionaire, Femi Otedola, has generated about N30.2 billion in the first half of 2024 to boost its position in Nigeria's power sector.
NGX suspends LASACO, Unity Bank, 6 listed companies from trading, gives reason
The NGX has suspended trading in the shares of Unity Bank and other firms for not filing their audited financial statements for the year ended December 31, 2023.
Dangote Cement, Airtel lead list of 10 most valuable company in Nigeria
After the first half of 2024, Africa's richest man’s cement company leads the Nigerian Exchange, followed by Airtel Nigeria, with only two banks in the top 11.
After USSD, NGX unveils e-platform for Nigerians to buy Dangote, banks and other company shares
The Nigeria Exchange Limited has launched a digital platform for Nigerians to acquire company shares following the move by commercial banks to raise capital.
NGX slams 2 banks, 7 companies with N76.8 million over annual reports, list emerges
The Nigerian Exchange Limited (NGX) has slammed a N76.8 million naira fine on FBN Holdings Plc, Sterling Financial Holdings, and seven others over financial reports.
Farooq Oreagba: Meet the billionaire cancer survivor who stole the show at 2024 Ojude Oba Day
Billionaire and Ijebu financial guru Farooq Oreagba recently trended after his "Steeze" from 2024 Ojude Oba Day went viral. Get to know him in this article.
“Instant success”: Nigerian billionaire's power firm gains N180 billion on first-day trading on NGX
Transcorp Power Plc gained a whopping N180 billion after listing 7.5 billion shares on the Nigerian Exchange Limited as investors rallied the firm's shares.
After increasing shareholders’ dividends, Dangote set to earn $284.5 million from cement company
Aliko Dangote is poised to earn about N146.5 billion as dividends from Dangote Cement after approving a 50% rise for shareholders and slashing price
MTN Nigeria approves N54 million annual salary for board chairman, directors to get N36 million
MTN Nigeria is set to implement an upward review of the annual salaries of its board chairman and directors, as the fees are to be payable quarterly in arrears.
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