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Why nearly half of Nigeria's listed companies paid no dividends in three years

Nigeria, Aug. 21 -- At least 60 of about 136 listed companies on the Nigerian Exchange (NGX) haven't paid dividends for at least three years in the five years from 2021 to 2025, PREMIUM TIMES has foun... Read More


Ecobank, Cornerstone Insurance, Africa Prudential top stock pick this week

Nigeria, Aug. 17 -- Last week, Nigerian stocks depreciated by 1.2 per cent, despite increased trading activity, as all the sector indices, led by consumer goods, retreated. Trade volume stood at 12.2... Read More


Coronation Insurance, Wema Bank, UACN top stock pick this week

Nigeria, Aug. 10 -- Nigerian stocks are yet to witness a significant rally from the largely positive half-year corporate results as equities only appreciated by 0.1 per cent last week, driven by incre... Read More


HBM Nigeria, United Capital, Wema Bank top stock pick this week

Nigeria, Aug. 3 -- Nigerian stocks retreated by 0.8 per cent last week, despite the release of several strong half-year results, as profit-taking pressured trade. Sell-offs in consumer goods stocks fu... Read More


VFD Group posts twofold jump in half-year profit amid higher investment income

Nigeria, Aug. 1 -- Investment company VFD Group recorded a twofold increase in net profit for the first half of the year, supported by a significant improvement in investment income, its unaudited rep... Read More


Fidson dominates Nigeria's Pharma sector first-quarter 2026

Nigeria, Aug. 1 -- As one of Africa's largest pharmaceutical markets - trailing only South Africa by value, and among the continent's largest by population and consumption volume - Nigeria nonetheless... Read More


Seplat posts 430% surge in half-year profit, declares special dividends

Nigeria, July 30 -- Seplat Energy Plc, the London-listed Nigerian oil driller where billionaire mogul Tony Elumelu bought a 20.1 per cent interest on the eve of this year, reported a surge of more tha... Read More


FCMB Group posts 90% surge in half-year profit

Nigeria, July 27 -- FCMB Group deployed a mix of strategies, including top-line expansion and cost management, to deliver a 90.5 per cent increase in net profit for the six months to June, compared wi... Read More


United Capital, Aradel, Custodian Investment top stock pick this week

Nigeria, July 27 -- Trading in Nigerian stocks last week hit a buoyancy last seen in the market more than six weeks ago, with transaction size accelerating 57.3 per cent to 4.4 billion shares as the e... Read More


Drug maker Fidson posts 28% jump in half-year profit

Nigeria, July 24 -- Pharmaceutical firm Fidson Healthcare, whose stock is up 99.6 per cent this year, enlarged net profit by 28.2 per cent in the year to June, relative to the same period of last year... Read More