Capital Market
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.
Tony Elumelu's 8 relatives, 4 directors acquire over N1 billion worth of UBA shares
Some members of Tony Elumelu's family and four serving directors of the United Bank for Africa have purchased several shares of the bank worth over N1 billion.
Looming job losses as Nigerian Breweries shuts down two breweries amid record N153 billion loss
Nigerian Breweries has announced the closure of two of its plants, following a loss incurred in 2023 as a result of inflation, naira devaluation, and others.
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