Capital Market
The list of most valuable banks in Nigeria has been revealed and it is led this time by Guaranty Trust Holding Company (GTCO), the parent company of GTbank.
Billionaire businessman and Chairman of UBA, Tony Elumelu has netted an impressive N3.3 billion from UBA shares to become one of the top investors on NGX..
Dangote Cement has carried out a share buyback program to acquire 168m of its own shares either from the open market or directly from existing shareholders.
The three top investors in First Bank Nigeria Holdings, Oba Otudeko, Femi Otedola and Tunde Hassan-Odukale have cumulatively lost over N24 billion in one week.
The recent devaluation of Nigeria's currency, the Naira has resulted in a resurgence of foreign investor interest in the country's now buoyant stock market.
The tussle between Ecobank Nigeria Limited and former Chairman, FBN Holdings Plc, Oba Otudeko has caused the bank shares to dip in the last two days of trading
Starting from July 11, 2023, seven companies, including Ardova, are banned from transacting in shares and movement of share prices until otherwise stated by NGX
Oba Otudeko's Honeywell Group has notified regulatory authorities and FBN Holdings that it he has become the single largest shareholder of FBN Holdings Plc.
Zenith Bank and Guarantee Trust Bank have emerged as Nigeria's most capitalized banks in the country with over N1 trillion in market valuation respectively
Capital Market
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