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Otedola speaks on FirstHoldCo's inclusion in FTSE Frontier 50 Index

Nigeria, Sept. 8 -- The Chairman of First HoldCo Plc, Femi Otedola, has described the company's inclusion in the FTSE Frontier 50 Index as a "defining milestone" in the evolution of the financial serv... Read More


Stanbic IBTC, Mutual Benefits, Aradel top stock picks this week

Nigeria, Sept. 7 -- Nigerian stocks are seemingly reclaiming the solid bullish drive that delivered steadily strong gains earlier this year, given the 2.4 per cent yield they posted last week, which m... Read More


BREAKING: Dangote Refinery sets minimum subscription for $1.6 billion IPO

Nigeria, Sept. 7 -- Dangote Refinery has completed the endorsement of the offer documents for its initial public offering, putting it on course to launch the $1.6 billion public equity sale, regarded ... Read More


FTSE Russell admits Dangote Cement, MTN Nigeria, First HoldCo, others to Frontier Index Series

Nigeria, Sept. 3 -- FTSE Russell, a London-based provider of global stock market indices, has added MTN Nigeria, Dangote Cement, First HoldCo, and seven other Nigerian public companies among the quali... Read More


FTSE Russell admits Dangote Cement, FirstHoldCo, MTN Nigeria, others to Frontier Index Series

Nigeria, Sept. 3 -- FTSE Russell, a London-based provider of global stock market indices, has added MTN Nigeria, Dangote Cement, First HoldCo, and seven other Nigerian public companies among the quali... Read More


Dangote Cement sets date for London capital markets day ahead of LSE listing

Nigeria, Sept. 3 -- Dangote Cement Plc will hold a high-level engagement with investors and other capital market players in London next month to bring the foreign investing community up to speed with ... Read More


PZ Cussons Nigeria to pay shareholders N9.9 billion dividend after four-year pause

Nigeria, Aug. 31 -- PZ Cussons Nigeria is ending a three-year lull in dividend payment to distribute N9.9 billion to shareholders as its retained earnings swung back to positive for the first time sin... Read More


Zenith Bank, MTN Nigeria, AXA Mansard top stock pick this week

Nigeria, Aug. 31 -- After two successive weeks of loss, Nigerian stocks found resilience last week amid stronger buy pressure, helping market capitalisation appreciate by 0.8 per cent. The oil & gas ... Read More


UACN, Wema, NEM top stock pick this week

Nigeria, Aug. 24 -- Nigerian stocks reported a further slide last week, strained by profit-taking in energy and bank stocks. Equities are generally seeing a retreat as some investors exit their posit... Read More


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