NGX
CSCS Welcomes Nigeria’s Return to FTSE Russell Frontier Market Status
By Benson Daniel The Central Securities Clearing System Plc has welcomed the decision by FTSE Russell to proceed with Nigeria’s reclassification from Unclassified...
Universal Insurance Sues NAICOM Over Licence Revocation
By Benson Daniel Universal Insurance Plc has taken the National Insurance Commission, NAICOM, to court, challenging the cancellation of its operating licence and...
Profit-Taking Wipes N544.5bn Off NGX as First HoldCo, Fidelity Bank Lead Sell-Off
By Benson Daniel Profit-taking in major banking stocks pushed the Nigerian equities market further into negative territory on Tuesday, wiping N544.5 billion off...
Bearish Sentiment Erases N544bn from Nigeria’s Equity Market
By Benson Daniel Bearish sentiment on the Nigerian Exchange continued on Tuesday as sustained selling pressure wiped about N544 billion from the value...
Nigerian Stock Market Extends Losing Streak as Investors Lose N106.24bn
By Benson Daniel Nigeria’s equities market extended its bearish run for the fifth consecutive trading session on Monday, with investors losing N106.24 billion...
Briclinks Africa Cash Reserves Drop to N2.12m as Debt Burden Persists
By Benson Daniel Briclinks Africa Plc, a Nigerian telecommunications and internet service provider listed on the Nigerian Exchange, recorded a sharp decline in...
Otedola Raises First HoldCo Stake with Fresh N20.7bn Share Purchase
By Benson Daniel Billionaire businessman and Chairman of First HoldCo Plc, Femi Otedola, has further increased his stake in the financial services group...
Access Holdings Extends H1 Results Deadline to September 30 Over CBN Approval
By Benson Daniel Access Holdings Plc has extended the deadline for the publication of its audited financial statements for the first half of...
