Stanbic IBTC splits N100 barrier in midday trading, becomes Nigeria’s second bank to do so
Stanbic IBTC Holdings Plc surged past the N100 threshold during mid-session trading on July 29, 2025, notching a month-to-date gain ...
Tag: Nigerian Exchange
UBA to raise N157 billion through rights issue, notifies Trading License Holders
United Bank for Africa (UBA) Plc has disclosed plans to raise over N157 billion through a rights issue, according to ...
GUINEA INSURANCE, ELLAH LAKES lead gainers as All-Share Index dips 0.15%
The Nigerian All-Share Index closed lower on Monday, June 16, 2025, slipping by 170.77 points to settle at 115,258.77.
NGX Banking Index slips over 3% as investors dump banking stocks in early pre-market
The NGX Banking Index opened in the red on Monday, June 16, 2025, as investors dumped major bank stocks in ...
GCR affirms MTN Nigeria’s AAA and A1+ ratings, discloses overall outlook for issuances
MTN Nigeria Communications Plc has informed the Nigerian Exchange (NGX) and the public that Global Credit Rating Limited (GCR) has ...
Foreign portfolio inflows to stock market tumble by 92.39% in April amid global uncertainty
Foreign portfolio investment into Nigeria’s equities market fell sharply by 92.39% in April 2025, as inflows dropped to N26.64 billion, ...
Presco reports N113.2 billion in full-year profit for 2024 as revenue doubles, recommends final dividend of N42
Presco Plc has reported a pre-tax profit of N113.2 billion for the year ended 31 December 2024, as outlined in ...
Uwaleke recommends listing of State-Owned Enterprises on NGX to fund development across Nigeria
Nigeria's first Professor of Capital Market Studies, Professor Uche Uwaleke, has advised the federal government to list state-owned enterprises on ...
Cadbury Nigeria recovers to N2 billion pre-tax profit in Q4 2024, cuts full-year loss by 47%
Cadbury Nigeria PLC has reported a pre-tax profit of N2 billion for the fourth quarter of 2024 in its recently ...
Airtel Africa: Resilience amid challenges, but is it enough?
With a 14% year-to-date gain in 2024, following a modest 15.41% rise in 2023, the question arises: Is Airtel Africa ...
