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BusinessNigeria

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...

BusinessNigeria

May & Baker Warns Public Against Fraudulent Investment Scheme

By Benson Daniel May & Baker Nigeria Plc has warned members of the public against a fraudulent investment scheme being circulated online under...

ActiveAfricaBusinessNigeria

Airtel Africa Raises Share Buyback Limit to $65m

By Benson Daniel Airtel Africa Plc has increased the amount earmarked for its ongoing share buyback programme to $65 million, reinforcing its commitment...

BusinessNigeria

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...

BusinessNigeria

Dangote Refinery Secures $1bn Support Ahead of Planned IPO

By Benson Daniel Dangote Petroleum Refinery and Petrochemicals has secured a $1 billion underwriting programme ahead of its planned Initial Public Offering, strengthening...

BusinessNigeria

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...

BusinessNigeria

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...

NigeriaBusiness

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...