The equity market began 2025 on a positive note, with the Nigerian Exchange recording a gain of N155bn as the All Share Index appreciated by 0.25 per cent.
The index closed at 103,180.14 points, up from 102,926.40, marking year-to-date, month-to-date, and week-to-date gains of 0.25 per cent, 0.25 per cent, and 1.02 per cent, respectively..........Read-More

The Debt Management Office (DMO) says the Federal Government has made adequate budgetary provisions to meet the country's foreign and local debt obligations.
The DMO said this in a statement yesterday in Abuja. According to the office, Nigeria's debt management practice is in accordance with relevant legislations and regulations in compliance with international practices..........Read-More

At the end of the 2024 financial year, five listed firms across sectors posted over 30 per cent yearly loss, rating the stocks among the worst performers on the country's bourse in the period.
These firms are Multiverse Mining and Exploration, Dangote Sugar Refinery, National Salt Company of Nigeria (NASCON), Daar Communication and Thomas Wyatt..........Read-More

The Nigerian Exchange has launched the Equity-Based Commodity Index, a market commodity index designed to track the performance of companies primarily operating in the energy, agriculture, mining, metals, and natural resources sectors...........Read-More

West Africa's leading ground handling service provider, NAHCO Aviance, has extended groundling contracts with three leading international carriers, Emirates, Turkish and Virgin Atlantic.
The extension will further enable the company to meet its projected revenue of N300 billion by 2029.........Read-More

The Nigerian oil and gas sector emerged as the best-performing index in 2024, delivering a 160% YtD gain and outpacing its impressive 125% rise in 2023.
This remarkable performance boosted the broader market index (ASI), which gained 37.65% YtD to close at 102,926.46 points.........Read-More

MTN Group, Africa's largest network operator by subscriber base, has announced the completion of the sale of its operations in Guinea (also known as ...MTN Guinea-Conakry" ) to the State of Guinea.
The mobile operator disclosed this information in a statement obtained from its website on Thursday..........Read-More

The Nigerian Aviation Handling Company PLC (NAHCO aviance) has announced the appointment of Olumuyiwa Olumekun as Group Managing Director and Chief Executive Officer, with effect from January 1, 2025, following the retirement of Indranil Gupta..........Read-More

John Holt Plc has published its report for the financial year ending September 30, 2024, revealing a pre-tax profit of N2.5 billion.
This figure indicates a significant improvement from the pre-tax loss of N1 billion reported in the same period in 2023...........Read-More