Following a three-day consecutive profit-taking by investors, positive sentiments resurfaced on the stock market segment of the Nigerian Exchange Limited (NGX), yesterday amid N53.12bilion increase in market capitalisation.
The 3.1 per cent increase in Dangote Cement Plc, 25 others contributed to the stock market 0.09  per cent increase in market capitalisation from N62.257 trillion to N62.31 trillion............Read-More

The Federal Government is planning to raise N1.8tn from the bond market in the first quarter of 2025, according to the Debt Management Office.
The proposed issuances, detailed in the newly released FGN Bond Issuance Calendar, include a mix of re-opened and new bonds spread across three monthly auctions slated for January, February, and March 2025..........Read-More

The Nigerian insurance sector has achieved a collective market capitalisation of N519.04bn, with top players such as AXA Mansard Insurance, AIICO Insurance, and Cornerstone Insurance leading the way.
AXA Mansard Insurance, with a market cap of N81.9bn, leads the sector despite a slight decline of 1.62 per cent in its share price. ,..........Read-More

The Board of Directors of Eterna Plc has appointed Mr. Olumide Adeosun, as its new Managing Director/Chief Executive Officer.
A statement issued yesterday by David Edet, the Company's Secretary/Legal Adviser,  said the appointment takes effect from February 3, 2025..........Read-More

Universal Insurance Plc has announced the appointment of Japhet Duru as its new Managing Director/Chief Executive Officer, effective January 10, 2025.
In a statement filed by the Company Secretary, Chinedu Onyilimba, on the Nigeria Exchange Limited on Thursday, Duru, who joined the company last August as Executive Director, Technical Operations, has been serving as the acting MD/CEO...........Read-More

Fidelity Bank Plc has announced plans to increase its issued share capital from N26.7bn to N36.7bn.
This development was disclosed in a statement filed on the Nigeria Exchange Limited by the company secretary, Ezinwa Unuigboje, on Thursday...........Read-More

Representatives from the Central Bank of Nigeria (CBN) and First Bank of Nigeria (FBN), along with other witnesses, have been listed to testify against the Chairman of Honeywell Group, Chief Oba Otudeko, and a former Managing Director of First Bank, Olabisi Onasanya, in an alleged N12.3bn fraud case filed by the Economic and Financial Crimes Commission (EFCC)..........Read-More