The Nigerian equities market commenced the week on a bearish trajectory as the All-Share Index (ASI) declined by 0.11 per cent, shedding 103.23 basis points to close at 98,107.52 points. This translated to a N62.6 billion loss in market capitalization,.........Read-More

Dangote Sugar Refinery Plc has launched an offering to raise N50bn from debt capital market investors through the issuance of Series 6 and Series 7 commercial papers under its N150bn debt programme.
According to Market Watch, the Series 6 commercial paper, which has a 180-day tenor.........Read-More

FCMB Group has projected gross earnings of N226.93bn for the first quarter ending March 31, 2025.
In its earnings forecast filed with the Nigeria Exchange recently, the bank expects interest income to reach N197.4bn, with interest expense projected at N101.99bn, resulting in a net interest income of N95.4bn..........Read-More

Nestlé Professional, the Out of Home business arm of Nestlé Nigeria and a leading provider of food solutions, recently introduced the Affordable Nutrition option, Maggi Soya Chunks, to food vendors, chefs and event planners during the Lagos edition of the Business of Food workshop. ........Read-More

MRS Oil Nigeria Plc has projected a revenue of N129.36bn for the first quarter of 2025, as revealed in its latest financial forecast.
In a corporate notice filed on the Exchange on Monday by its Chief Finance Officer, Muideen Salami The company anticipates a gross profit of N4.81bn,........Read-More

Ellah Lakes, at its Annual General Meeting (AGM) held on December 5, 2024, in Victoria Island, Lagos, Nigeria, received approval from shareholders for the conversion of the company's outstanding debt into equity.
The resolution to convert Ellah Lakes' outstanding debt into ordinary shares,.........Read-More

Shares of Betaglas, a leading glassware company, have climbed over 15% month-to-date, bringing its total growth for November and December to 27%, with the stock currently priced at N57.
The company's performance came after the release of its third-quarter financial report........Read-More

Access Bank has unveiled a Chinese-language online banking platform aimed at addressing the financial needs of Chinese enterprises and expatriates in Nigeria. The initiative introduces the Mandarin feature on the AccessMore App.,........Read-More