The NGX All-Share Index on the Nigerian Exchange Limited (NGX) experienced a slight decline, dropping by 183.88 points to reach 103,952.47 points.
This marks a decrease from its previous closing level of 104,136.35 points. 
Due to this downturn in the market, there was a loss of N103.97 billion in market capitalization, indicating a decrease in investor confidence in the equity markets................................................................. ........................... .. . .,.. ............ ........ ..................... ... .. ...... ..  .... . ........... .......... ............. . ..... . ... ........................Read-More

The hike in Nigeria's Monetary Policy Rate, also known as interest rate, from 22.75 per cent to 24.75 per cent by the Central Bank of Nigeria will further accelerate the country's inflation and lead to massive job cuts across the country, private sector operators stated on Tuesday.
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, and the Nigerian Association of Small Scale Industrialists explained that the increase in MPR would worsen he private sector's ability to access affordable credit..................................................................... ........................... .. . .,.. ............ ........ ..................... ... .. ...... ..  .... . ........... .......... ............. . ..... . ... ........................Read-More

TotalEnergies Marketing Nigeria Plc has stated that it will be paying N8.49bn as a dividend at N25 per share to its shareholders for the 2023 financial year.
According to the audited report of the energy firm filed with the Nigerian Exchange Limited on Tuesday, it proposed the dividend despite a 20 per cent decline in its profit to N12.91bn in 2023 from N16.12bn in the previous year. .  . ... .......... .......................,........................................................ .... ...... . ......... . .................. . ............................... ....:,..... ... ........... .. ........  . ......... .., ... .. .,....... .. ...... . ..... . ... ........................Read-More

There are strong indications that the Nigerian unit of Africa's biggest telecoms operator, MTN may embark on a tariff increase exercise as well as implement a cost-cutting regime. This is part of efforts to restore the company's profitability and strengthen its balance sheet after the group company reported a slump in annual profit on Monday
According to reports, MTN is working with regulators across several markets, including Nigeria, to get approval to increase tariffs for voice and data.......... .......... .......................,........................................................ .... ...... . ......... . .................. . ............................... ....:,..... ... ........... .. ........  . ......... .., ... .. .,....... .. ...... . ..... . ... ........................Read-More

Guinness Nigeria Plc has announced the extension of the importation of spirits to 2025.
The brewer disclosed this in a corporate notice filed with the Nigerian Exchange Limited on Tuesday.
It said that the plan to stop the importation of premium spirits like Johnnie Walker, Singleton, Baileys, and others under its 2016 sale & distribution agreement with Diageo in April was no longer feasible, necessitating the extension.......... .......... .......................,........................................................ .... ...... . ......... . .................. . ............................... ....:,..... ... ........... .. ........  . ......... .., ... .. .,....... .. ...... . ..... . ... ........................Read-More