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GTCO, Mutual Benefits, Transcorp top stock pick this week

Nigeria, Sept. 15 -- Despite an absence of key drivers, Nigerian stocks advanced by 1.1 per cent last week, indicating the extent of the resilience the market has built for itself so far this year. Th... Read More


Nigeria publishes new tax reform laws in official gazette

Nigeria, Sept. 10 -- Nigeria's tax reform laws, which were enacted in June, have been published in the official gazette, Taiwo Oyedele, the chair of the Presidential Committee on Fiscal Policy and Tax... Read More


Zenith, AIICO, Fidson top stock pick this week

Nigeria, Sept. 8 -- Nigerian stocks depreciated by 0.9 per cent last week on account of sell-offs in industrial goods and bank stocks, leaving the year-to-date return of the bourse at 35 per cent. An... Read More


PZ Cussons Nigeria swings back to annual profit after cutting foreign exchange loss

Nigeria, Sept. 5 -- PZ Cussons Nigeria has reported a return to annual profit after cutting back an enormous foreign exchange loss that hit bottom line in 2023 by 95.1 per cent. After-tax profit for ... Read More


CAP, Fidson, UBA top stock pick this week

Nigeria, Sept. 1 -- Nigerian stocks depreciated by 0.5 per cent last week on the back of profit-taking activities, especially in bank and insurance stocks. Trade volume also declined by as much as 33 ... Read More


GTCO hits N500 billion recapitalisation target after rights issue

Nigeria, Aug. 29 -- Nigeria's biggest lender by market value Guaranty Trust Holding Company (GTCO) raised the outstanding cash its banking unit needs to meet the N500 billion minimum regulatory capita... Read More


Tinubu promises improved reform enforcement in push for N300 trillion capital market size

Nigeria, Aug. 27 -- President Bola Tinubu has disclosed his willingness to enforce more reforms to galvanise growth in the Nigerian capital market, where the regulator now aims for a N300 trillion mar... Read More


Chams' SIM card business hits N5 billion turnover three years into launch

Nigeria, Aug. 26 -- The enterprise created by a deal between Chams Holding and China's Beijing Huahong IC Design to set up a SIM card-manufacturing facility for telecom firms in 2021 hit N4.9 billion ... Read More


Transcorp, UBA, Africa Prudential top stock pick this week

Nigeria, Aug. 25 -- Profit-taking seems to be settling in as Nigerian stocks receded at a sharper pace last week. The market may even see further pullbacks, with a number of equities already trading ... Read More


Nigerian Government launches personal income tax calculator to drive transparency

Nigeria, Aug. 24 -- The Nigerian Government has introduced a personal income tax calculator giving low-income earners access to a platform, where they can compare their estimated tax payable under the... Read More