Following sell-offs on Northern Nigeria Flour Mills (NNFM) and 50 others, the Nigerian stock market reversed gains to post its first loss in the year yesterday, as the overall capitalisation depreciated by N152 billion.
At the close of transactions yesterday, the all-share index (ASI) dipped by 249.42 points, representing a loss of 0.24 per cent to close at 103,398.82 points..........Read-More

The Securities and Exchange Commission has reiterated its commitment to protecting investors and strengthening the Nigerian capital market.
In a New Year message, SEC Director-General Emomotimi Agama announced plans to revamp the Commission's investigative processes to enhance efficiency and hold market offenders accountable.........Read-More

In a year marked by economic uncertainty, inflation and foreign exchange crisis, 11 listed firms approached the Nigerian Exchange Limited (NGX) to raise N2.2 trillion in fresh capital.
According to data from the NGX, the 11 listed firms are Japaul Gold, VFG Group, Wema Bank and Jaiz Bank, Nigerian Breweries and International Breweries. Others are Notore Chemical Industries, ........Read-More

The recent wave of delistings from the Nigerian Exchange (NGX) by notable companies such as Flour Mills of Nigeria (FMN) and GlaxoSmithKline (GSK) has sparked conversations among investors, regulators, and market analysts.
While some attribute these exits to strategic business decisions aimed at attracting..........Read-More

Guaranty Trust Holding Company Plc has announced plans to attract foreign institutional investments in the second phase of its recapitalisation programme in 2025.
This follows the successful completion of the first tranche of the equity capital raise programme.........Read-More

Oil and gas giant, Seplat, has said it aims to double its crude oil production capacity within six months after moving in to fill the gap following ExxonMobil's retreat from Nigeria's onshore oil sector.
Seplat's Chief Financial Officer, Eleanor Adaralegbe, revealed this projection in an interview with the Financial Times on Tuesday. .......Read-More

Fidelity Bank Plc has launched an initiative that will provide supportive spaces and activities for children with special needs while addressing the psychological and emotional well-being of their parents and carers.
In a statement on Monday, the lender said the initiative was part of its commitment to fostering ..........Read-More

International Breweries Plc (IBPLC), received multiple awards at the recently held SERAS Africa Sustainability / CSR Awards. The company came tops among other contenders to clinch: Best Company in Poverty Reduction, Best in Climate Action and 2nd Runner up, Most Responsible Organisation in Africa...........Read-More

Sovereign Trust Insurance Plc  recently won the Most Outstanding Auto Insurance Company of the Year Award .
The organisers of the Business Excellence  Awards, Beta Media, said the underwriting firm clinched the award because of its consistency, professionalism, integrity, creativity and an uncompromising..........Read-More