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What Dangote’s 10% refinery listing on NGX means for Nigeria’s economy

By Chioma Obinagwam Aliko Dangote, Africa’s richest man and founder of Dangote Group, announced plans to list between 5% and 10% of his...

BusinessNews

Investor conviction ignites NGX momentum

By Chioma Obinagwam ‎‎Bullish sentiment swept through the Nigerian Exchange this week, fueled by investor optimism over the Monetary Policy Committee’s (MPC’s) decision...

BusinessNews

Nigeria’s private sector lending slows, bourse transactions spike

Data from Nigeria’s apex bank, Central Bank of Nigeria (CBN), shows that Credit to the Private Sector (CPS) grew by 4.7% year-on-year to...

BusinessNews

Nigerian Stock Market ɗips as CBN holds rates

…investors shift to Fixed Income The Nigerian equities market closed lower this week, with the All-Share Index falling 0.6% week-on-week to 109,028.62 points,...

BusinessNews

How Chiemeka’s appointment as NGX CEO will boost capital market 

By Chioma Obinagwam The appointment of Jude Chiemeka as the Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) has continued to...

BusinessNews

Seplat Energy says divestments will grow Nigeria’s oil production  

By Chioma Obinagwam   Seplat Energy Plc, says Nigeria’s sub-surface potentials could be largely optimized and oil/gas production levels increased if divestment and...

BusinessNews

Why NGX adjusted market indices 

By Chioma Obinagwam   Nigerian Exchange Limited (NGX) has released the results of its full year market index review for the following indices...

BusinessNews

Shareholders approve VFD Group’s N30bn supplementary capital, receive bonus shares

By Chioma Obinagwam   Shareholders of VFD Group have ratified an additional N30 billion capital raise for the company.   The approval was...

BusinessNews

How NGX notched N5.2bn profit for FY 2023

The Nigerian Exchange Group Plc (NGX Group or the Company) has said that its full-year (FY) audited financial statements for the year ended...

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‎Trust Loop, Cubbes Technologies win big at Zenith Bank Tech Fair 2025‎‎

By Chioma Obinagwam‎‎Zenith Bank Plc successfully concluded the fifth edition of its annual Zenith Tech Fair, themed “Future Forward 5.0: Tech for Success...

‎How Ebuka Onuorah was suspended as EBU-Nigeria President General over alleged embezzlement, land grabbing scandal‎

‎By Chioma Obinagwam‎‎‎The Central Executive Committee of the Enugwu-Agidi Brotherly Union (EBU-Nigeria) has suspended its President General, Mr. Ebuka David Onuorah, with immediate...