EXCLUSIVE: NGX Group downsizes, 25 staff members affected
The Nigerian Exchange Group (NGX) has relieved some staff members of their jobs days after its annual general meeting (AGM)...
Airtel Africa’s investors lose N826 billion in day trading as sell pressure intensifies
The telecom stock dropped by a maximum of 10% to close at N1,980 per share from N2,200 which was the...
UACN and CAP dispel acquisition reports, delisting from NGX
UAC of Nigeria Plc (UACN) and Chemical and Allied Products Plc (CAP), have refuted the alleged media report on the...
Shareholders of Presco to get N26.3 billion dividend for FY’2023
Shareholders of Presco Plc will receive a total dividend of N26.300 billion for the financial year ended December 2023, representing...
Pension fund assets drop to N19.69 trillion in March – PenCom
The total pension fund net asset value dropped to N19.669 trillion in March compared to N19.759 trillion reported a month...
Equity reconstruction: Transcorp proposes 1 for 4 share ratio to shareholders
The reconstruction will result in the cancellation of three out of every four shares held by Transcorp's shareholders and a...
Global concrete, cement market to hit $469.01 billion in 2027 – Report
The concrete and cement market is experiencing robust growth driven by the construction boom, especially in urban centers.
FBNH Plc gains N238.7 billion to top weekly gainers
FBN Holdings Plc, one of the old generation banks listed on the Nigerian Exchange Group Plc (NGX), reported a significant...
MTN Nigeria’s outstanding letters of credit balance reduces to $243.4 million
MTN Nigeria has said that it utilized the improved liquidity in the FX market to reduce the balance of outstanding...
NGX Group appoints Chinelo Emeh Acting CFO
The appointment follows the exit of its Chief Financial Officer (CFO) Mr. Cyril Eigbobo from the Company effective 29th April...
