The Nigerian Exchange Limited has recorded growth in the 2020s, breaking away from the challenges of the 2015""2019 period. The NGX All-Share Index has surged by 283.45 per cent since 2020, rising from 26,842.07 points at the end of 2019 to 102,926.40 points as of December 2024.........Read-More

Stock market operators have predicted that real output growth this year would range between 3.2 per cent and 3.4 per cent. The optimism was hinged on the improvement recorded in foreign exchange (FX) management, rising FX reserve and advancement in key reforms expected to drive growth in various sectors of the economy..........Read-More

The Chartered Institute of Stockbrokers (CIS) has revealed that Nigerian banks raised approximately N2 trillion from the primary market in 2024.
Its President, Oluropo Dada, stated this whilst addressing stakeholders during the last trading day at the floor of the Nigerian Exchange Limited (NGX) which held recently..........Read-More

Nine Nigerian banks collectively earned N4.85tn in interest income on loans and advances to customers in the first nine months of 2024, marking a growth of 114.95 per cent compared to N2.26tn recorded in the same period of 2023.
Access Holdings led the industry with N1.13tn in interest income as of September 2024, up from N458.41bn in the corresponding period of 2023..........Read-More

Data from the Nigerian Exchange has shown that despite the scorching economic environment, listed companies have paid a combined N215.75 billion in interim dividends for the 2024 financial year.
The data also revealed that big lenders alone gave out N171.03 billion, which represents 79.53 per cent..........Read-More

Jaiz Bank Plc has projected gross earnings of N26.3bn for the first quarter of 2025, covering January to March 2025.
In its earnings forecast filed with the Nigerian Exchange Limited on Monday, the bank revealed that financing and investment income is expected to reach N24.2bn, with profit paid to investment account holders amounting to N6.4bn.........Read-More

Nigerian Breweries Plc has announced the listing of 20.7bn ordinary shares of 50 kobo each on the Daily Official List of the Nigerian Exchange Limited.
In a statement filed by the company secretary, Uaboi Agbebaku, on Tuesday, the shares, which arose from the company's rights issue of 22.6bn ordinary shares at N26.50 per share.........Read-More

Tantalizers Plc has announced the signing of a Memorandum of Understanding (MoU) to acquire all assets of DanBethel Marine Services Limited, a marine and fishing enterprise based in Apapa, Lagos.
DanBethel Marine Services, renowned for its fleet of fishing trawlers and related marine assets..........Read-More