These five banks provided the most loans to manufacturers in 2023
In 2023, Nigeria's manufacturing sector, which contributes approximately 8% to the nation’s GDP, saw significant financial movements despite facing several...
Best performing stocks so far in June 2024
With an All-Share Index of 99,925.29 as of June 14, 2024, the market has a year-to-date return of 33.64%. This...
Dangote Sugar Refinery issues N42.79 billion commercial papers at 23% and 25%
Dangote Sugar Refinery announced the successful issuance of its N42.79 billion Series 4 and 5 commercial papers, issued at 23%...
FACTCHECK: BlackRock’s ‘$400 million’ ETF is not “leaving Nigeria”
Several media reports stating that a $400 million Exchange-Traded Fund (ETF) owned by BlackRock is “leaving” Nigeria is not true.
Multichoice Group has an account balance of N31.6 billion with Heritage Bank
Multichoice Group, owners of DSTV, had an account balance of N31.6 billion with Heritage Bank, before the bank’s liquidation.
Wole Oshin Custodian Investment Plc, MD/CEO acquires 19.5 million more shares to maintain control
The Managing Director of Custodian Investment Plc, Mr. Wole Oshin, has acquired an additional 19,531,250 Custodian Investment shares at an...
Nigerian Breweries posts N29.9 billion equity gain, as stock market appreciates by 0.2%
Nigerian Breweries Plc (NB) was the best-performing stock in the NGX today, gaining 10%, marking a N29.9 billion equity gain....
Presco welcomes new management as former Olam Vice President, Reji George takes over as CEO
Presco Plc has announced the appointment of Mr. Reji George as the new Managing Director of the company, effective June...
Why Tolaram’s N104 billion acquisition of Guinness Nigeria is a game changer
On June 11, 2024, Diageo announced it had entered a deal to sell its 58.02% stake in Guinness Nigeria Plc...
TotalEnergies and Presco soar as MTN’s N195 billion loss downs the market
TotalEnergies Marketing and Presco posted massive gains today in the NGX, gaining 9.98% and 9.97% respectively.
