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Nigerian Stocks Gain N5.37tn in September as CMFC, UPDC REIT Lead Rally
WorldBusiness

Nigerian Stocks Gain N5.37tn in September as CMFC, UPDC REIT Lead Rally

The Nigerian equities market added N5.37 trillion in market value in September, with Critical Minerals Financing Corporation (CMFC), UPDC Real Estate Investment Trust...

MTN Nigeria Insider Sells ₦6.86m Stake Through NGX
NigeriaBusiness

MTN Nigeria Insider Sells ₦6.86m Stake Through NGX

An insider at MTN Nigeria Communications Plc, Osebi Ufot, has sold 8,000 ordinary shares of the telecommunications company through the Nigerian Exchange Limited...

Bank Stocks Lead Late-September Picks as NGX Sets Fresh Record
BusinessEconomyNigeria

Nigerian Equities Extend Rally as Market Capitalisation Gains N297bn

Nigeria’s equities market extended its positive run on Tuesday, with market capitalisation rising by about N297 billion as sustained buying interest lifted the...

Bank Stocks Lead Late-September Picks as NGX Sets Fresh Record
BusinessEconomyNigeria

Bank Stocks Lead Late-September Picks as NGX Sets Fresh Record

Nigerian banks are dominating late-September equity recommendations as the Nigerian Exchange (NGX) continues to reach record levels, with analysts pointing to earnings prospects...

Dangote Refinery IPO Could Add $60bn to NGX Market Capitalization.
ActiveBusinessNigeria

Dangote Refinery IPO Could Add $60bn to NGX Market Capitalization.

The Federal Government has projected that the Initial Public Offering of Dangote Petroleum Refinery & Petrochemicals FZE could increase the total equity market...

Dangote’s Wealth Rises to $54bn as Refinery IPO Filing Reveals 87% Stake
NigeriaBusiness

Dangote Refinery IPO Sparks Investor Rush as Group Targets $350bn Valuation

By Benson Daniel Investment platforms have come under intense pressure as Nigerians and other eligible investors rushed to participate in the Dangote Petroleum...

Dangote Refinery Valuation Draws Investor Attention Ahead of Landmark IPO
NigeriaBusinessEconomy

Dangote Refinery Valuation Draws Investor Attention Ahead of Landmark IPO

By Benson Daniel The valuation of Dangote Petroleum Refinery has become a major focus of investor attention ahead of the company’s planned initial...