Capital Market
The Nigerian stock market enjoyed a first day of good performance under the leadership of President Bola Ahmed Tinubu, helping investors to gain over N1.5trn.
Zenith Bank CEO Jim Ovia has recorded a remarkable increase in his wealth in just 5 days of trading, solidifying his position among Nigeria's wealthiest men.
GTCO CEO Segun Agbaje's wealth has increased after making over N267 million in just four days due to the excellent performance of his investments in the bank.
A Nigerian export company, Neveah, has secured an upgraded and upsized Commercial Paper of N20 billion to scale its operations and meet its contractual needs.
Herbert Wigwe, Access Holdings' CEO, has continued to buy more bank shares as the company continues to make giant strides in the international finance market.
The top 10 most profitable companies in Nigeria based on data from the Nigerian Stock Exchange for the year 2022 have been revealed. Five banks were added.
Billionaire businessman Tony Elumelu has tightened his grip on Transnational Corporation as his wife Awele spent over N6 billion to buy more company shares.
Billionaire businessman Femi Otedola has received a whopping N8.7 billion from Abdulwasiu Sowami, Chairman of Ardova following a London court ruling in 2022.
Billionaire, serial investor Femi Otedola has sold 2.8 million of his shares in Geregu Power, the only listed power company, while his two brothers bought more.
Capital Market
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