Company News

Billionaire investor Femi Otedola has acquired 5.52% of Transcorp shares, likely setting the stage for another bidding war for control

Ecobank Transnational Incorporated's (ETI) profit before tax rose to a 5-year-high of N230.55 billion ($540.029 million) in FY 2022.

Last week, some NGX-listed companies released their earnings reports both for FY 2022 and Q1 2023, and declared dividends.

Airtel Africa Plc investors lost about N556 billion (or 10%) in market capitalization at the end of Wednesday's trading session.

The BOD of Infinity Trust Mortgage Bank appointed of Olufemi Adeoye Fabanwo as an Independent Non-Executive Director of the Bank.

The FMDQ Exchange has admitted Flour Mills Nigeria Plc N13.33 billion Series 1 and N51.64 billion Series 2 Commercial Papers...

Access Holdings Plc has announced the completion of a $300 million capital investment into its flagship subsidiary, Access Bank Plc.

International Breweries Plc has announced the appointment of Mr. Cherian Kurien to the Board as Non-Executive Director.

There was drama at Aso Savings & Loans Plc last week after some minority shareholders accused the company of corporate governance breaches.

Neimeth International Pharmaceuticals reported a profit/loss of N406m for the period ended December after it released its report.