Equities
News and analysis from Nigeria's equities market
Select SWOOTs soar as All-Share nears 120,000; OKOMUOIL trades N3.2 billion value
The Nigerian All-Share Index shattered the 119,000 mark on June 24, 2025, gaining 1,211.17 points to close at 119,790.82.
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Conoil Q1 2025: Borrowing surge collapses profit, debt now exceeds equity
There was no FX loss. No surge in operating costs. Yet, Conoil’s Q1 2025 pre-tax profit collapsed by 93% to...
Read moreDetailsFive stocks hit daily gain limit as All-Share Index attains N74.8 trillion cap; FIDELITYBK leads volume
The Nigerian All-Share Index closed higher on Monday, June 23, rising by 441.43 points to settle at 118,579.65.
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Analysts upgrade Dangote Cement’s 2025 sales forecast to N4.2 trillion, recommend target price for investors
Analysts at CardinalStone have revised their full-year 2025 revenue forecast for Dangote Cement to N4.2 trillion, a slight upgrade from...
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IMG Nigeria to raise N6.5 billion via Rights Issue, approves dividend for shareholders
Industrial & Medical Gases Nigeria Plc (IMG) has received shareholder approval to raise N6.5 billion through a rights issue, as...
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SEC tenure rule: Panic grips capital market operators
A new directive from the Securities and Exchange Commission (SEC) imposing tenure limits on directors of capital market operators has...
Read moreDetailsWeekly Market Wrap: SEPLAT, two other heavyweights soar as ASI rakes in 2,708 points; banking sector recovers
The Nigerian stock market closed the week ended June 20, 2025, solidly in the green, as the All-Share Index (ASI)...
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InfraCredit reports N1.8 billion profit in the first Q1 2025, down 95% YoY
Infrastructure Credit Guarantee Company Plc (InfraCredit), an NASD-listed firm that guarantees financial instruments used for infrastructure projects, reported a pre-tax...
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Sterling reports N18.2 billion profit in Q1 2025 as loan income soars; declares dividend
Sterling Financial Holdings Company Plc has released its results for the first quarter ended March 31, 2025, reporting a pre-tax...
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FUGAZ share price surge despite CBN Forbearance issues
The Nigerian Exchange closed in positive territory on Thursday, June 19, with the All-Share Index (ASI) rising by 1,074.26 points...
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