The Nigerian Exchange closed in positive territory on Thursday as the All-Share Index rose by 0.75 per cent to settle at 106,074.26 points.
This led to a N508bn increase in the overall market capitalisation, which closed at N66.7tn. 
The upward movement was primarily driven by demand in the consumer goods and industrial sectors...............Read-More

The Securities and Exchange Commission (SEC) has called on Nigerians to report any suspected illegal investment schemes for investigation and appropriate action.
This follows the recent collapse of a fraudulent cryptocurrency investment scheme known as ...CBEX," where  over $1 billion was lost by Nigerians................Read-More

Foreign investors took the lead on the Nigerian Exchange Limited in March 2025, accounting for 62.74 per cent of total equity transactions, as the market recorded a significant spike in trading activities.
Data from the NGX's latest Domestic and Foreign Portfolio Investment Report showed that total transactions for the month surged by 118.95 per cent to N1.12tn from N509.47bn in February..............Read-More

The Nigerian Exchange Limited (NGX), yesterday made history with the listing of Legon Internet Service Plc  as the first company in its Telecoms sector and the first company to be listed this year.
Legend's  2,000,000 billion Ordinary Shares of 50 kobo each was listed at N5.64 per share and the stock appreciated by a daily maximum gain to close at N6.20 per share thus shooting up NGX market capitalisation by N12. 4 billion...............Read-More

Lafarge Africa Plc has reported a surge in its financial performance for the first quarter of 2025, posting a profit after tax of N48.64bn, a massive 837 per cent increase from N5.19bn recorded in the same period last year.
In its financial report released on the Nigeria Exchange Limited on Thursday, the company's revenue for the first quarter of 2025 hit N248.35bn, representing an 80 per cent increase ..............Read-More

United Bank for Africa (UBA) Plc, has released its unaudited financial results for the first quarter (Q1) ended March 31, 2025, showing remarkable double-digit growth across all its major income lines.
On the back of its recently released 2024 full year financials on the Nigerian Exchange Limited  (NGX), UBA again saw its Profit Before Tax (PBT) rising impressively..............Read-More

Transcorp Power Plc has posted a revenue of N105.4bn for the period ended 31 March 2025, marking a significant 55.3 per cent increase from N67.9bn recorded in the same period of 2024.
The company's unaudited interim financial statements released on the Nigeria Exchange Limited on Thursday showed a corresponding rise in profit after tax, which jumped by 62.1 per cent ...............Read-More

Guinea Insurance Plc recorded a 39.5 per cent increase in profit after tax for the first quarter ended 31 March 2025, with profit rising to N130.3m from N93.4m reported in the same period in 2024.
The unaudited financial statement released by the company on the Nigeria Exchange Limited on Wednesday showed that the improved performance was driven by a 45.7 per cent growth...............Read-More

Proprietary investment company, VFD Group, has announced a share price adjustment following its 5-for-1 bonus share issuance.
In a statement on Wednesday, the group said that the share price adjustment reflected the adjustment associated with the impact of the bonus issue on the increase in the number of shares in circulation...............Read-More