Following gains recorded by most bluechip stocks, especially Cadbury and Wema Bank, the domestic equity market resumed trading for the week on a positive note as investors wealth rose by N38 billion.
At the close of transactions yesterday, market capitalisation of listed.........Read-More

The NGX Insurance Index, which tracks the performance of the insurance sector, began 2025 with remarkable momentum, wrapping up the first trading week ending January 3 with an impressive week-to-date gain of 26.9%.
This outstanding performance marks the index's best trading week since 2013, with its value........Read-More

Following the delisting of Flour Mills of Nigeria Plc from the Nigerian Exchange (NGX), there are speculations the trend may continue into the year as four listed firms are said to follow the same path.
Other companies considering delisting include MRS Oil Nigeria Plc, Wapic Insurance Plc, International Energy Insurance Plc and Lafarge Africa Plc (WAPCO)..........Read-More

Guaranty Trust Holding Company Plc (GTCO), yesterday announced the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the Offer by the Securities and Exchange Commission (SEC)..........Read-More

United Bank for Africa (UBA) Plc has cemented its position as a leading customer-centric institution, emerging among the top five banks, in various survey segments, in the recently released KPMG 2024 West Africa Banking Industry Customer Experience Survey..........Read-More

Airtel Nigeria's Chief Executive Officer, Dinesh Balsingh, has said that the 300 per cent surge in operational cost in the last 18 to 24 months has made tariff adjustments necessary for the long-term sustainability of the telecom sector.
In a note shared with The PUNCH on Monday, Balsingh highlighted the tough economic realities facing the telecom industry. .......Read-More

In a decisive call to action, the Chartered Institute of Stockbrokers (CIS) has unveiled a comprehensive strategy to propel Nigeria's economy toward the $1 trillion mark through targeted reforms in the capital market, sidestepping the pitfalls of increased borrowing and fiscal overreach..........Read-More