The top 10 Nigerian companies with the largest cash holdings ended the first half of 2025 with a combined total of N2.31 trillion in the bank.
In June 2023, Nigeria’s decision to float the naira marked a historic turning point in its foreign exchange...
Corporate Nigeria significantly increased its travel-related expenditures in 2024, with 20 listed firms on the Nigerian Exchange (NGX) spending a combined N164.4 billion on business travel and associated logistics.
Corporate governance in Nigeria is undergoing a quiet but significant transformation.
A new report by Afrexim Bank states that the proposed 5% tax on companies earning over N100 million for community development projects will result in the exits of multinationals from the country.
Forty-four of the largest publicly listed companies in the Nigerian equities market spent a total of N234 billion as professional fees in the 2023 financial year.
The Manufacturing Association of Nigeria (MAN) has reported a concerning trend within the industry, revealing that about 767 manufacturing companies shut down operations while 335 experienced distress in 2023.
Some Nigerian-listed companies have consistently provided returns to their shareholders through dividend payouts, as indicated by data from their financial statements.
Nigeria-listed companies posted significantly better returns for their shareholders in the first half of 2023, data from their financial statements shows.
This is a summary of the major news stories that made headlines during the week that ended November 12, 2022
Nigeria’s largest companies listed in the Nigerian stock market have spent a whopping N616.2 billion on investment in the first quarter of the year.
Higher inflationary pressures, exchange rate scarcity, and depreciation, did not deter Nigerian companies from making more money.
