The Nigerian Exchange Limited (NGX) yesterday, reversed previous gains, as the overall capitalisation fell by N119 billion, largely on renewed sell-off in many highly capitalised stocks.
The All-Share Index (ASI) lost by 189.73 points, representing a decline of 0.18 per cent to close at 104,187.00 points................Read-More

No fewer than nine of the 16 insurance companies quoted on the Nigerian Exchange Limited (NGX) yet to file their 2024 annual financial statement (AFS) to the exchange may risk regulatory sanctions, according to Daily Independent findings.
The listed companies, according to the Exchange rules, must file their AFS within the first quarter and not later than the March 31 of the succeeding year...........Read-More

As companies increasingly turn to private funding instead of public markets, the Nigerian Exchange Group (NGX) is repositioning to tap into the growing flow of private capital as a proactive approach to tackling the growing wave of delisting from the Nigerian capital market.
Speaking on the wave of delistings that has raised concern among stakeholders at the NGX 64th yearly general meeting held in Lagos.............Read-More

In a defining moment for Nigeria's capital market, the Nigerian Exchange Group (NGX) Plc, yesterday has announced plans to list economic heavyweight such as the Dangote Refinery on the local bourse before the end of 2025.  
Addressing shareholders at the Group's 64th Annual General Meeting in Lagos, the NGX Group Chairman, Alhaji Dr. Umaru Kwairanga, projected a confident vision of strategic............Read-More

Chairman of Transcorp PLC, Mr. Tony Elumelu, has revealed that the company's market value has surged to $3 billion (N4.5 trillion), up from less than N20 billion in 2011 when the group took over ownership.
Elumelu made this known on Wednesday at the company's Annual General Meeting (AGM) held in Abuja..............Read-More

Nigerian Exchange Group (NGX Group) Plc plans to deepen its markets by creating opportunities for private and venture capital deals, it was learnt yesterday.
The private capital market will complement existing public primary market and enable private companies to raise funds through the NGX Group............Read-More

Eterna Plc has reported a 71 per cent year-on-year surge in revenue to N313.6 billion for the year ended December 31, 2024, up from N183.2 billion in 2023, marking a strong rebound and return to profitability.
The company attributed the impressive performance to increased petroleum product prices, strategic partnerships, and enhanced operational efficiency,...........Read-More

SCOA Nigeria Plc has reported a pre-tax profit of N374.3 million for the year ended 31 December 2024, according to its latest audited financial statement on the NGX.  
This represents a substantial increase of 149.82% compared to the N149.8 million reported the previous year, driven by increased revenue............Read-More