Nigeria, Jan. 1 -- Nigerian stocks posted their best outing in nearly two decades this year as the main equity index showed a yield of 51.2 per cent at market close in Lagos on Wednesday. Never since ... Read More
Nigeria, Dec. 30 -- Geregu Power Plc, the Lagos-listed power generation company acquired on Monday by Abuja-based Ma'am Energy from billionaire tycoon Femi Otedola, has appointed Abdul-Aziz Abubakar Y... Read More
Nigeria, Dec. 30 -- Geregu Power, the electricity utility that billionaire investor Femi Otedola took public in October 2022, announced a change in its ownership on Monday, following a board meeting i... Read More
Nigeria, Dec. 29 -- The chairman of financial services group First HoldCo Plc, Femi Otedola, has offloaded his interest in Geregu Power Plc, the electricity generation company he took public in Octobe... Read More
Nigeria, Dec. 29 -- Mattress manufacturer Vitafoam has turned the tables resoundingly on the performance woes that hammered operating profit and caused earnings to tank to its lowest in six years in 2... Read More
Nigeria, Dec. 29 -- Nigerian stocks are showing no sign of giving up their uptrend momentum any moment soon as their fourth successive weekly gain this month, reported last week, could serve as a hera... Read More
Nigeria, Dec. 23 -- Seplat Energy said it has wrapped up the conversion of its two onshore operations, Seplat West and Seplat East Onshore, to a new industry fiscal system that gives more room for out... Read More
Nigeria, Dec. 22 -- The three consecutive gains so far recorded this month have further placed Nigerian stocks on a sound footing to deliver a more remarkable yield this time around, compared to last ... Read More
Nigeria, Dec. 20 -- Access Holdings will tap the private placement market to draw privileged investors to its new capital raise programme, through which it plans to mobilise N40 billion in foreign cur... Read More
Nigeria, Dec. 19 -- Femi Otedola, the chairman of First HoldCo Plc, has further consolidated his position as the top shareholder of the financial services group, with his latest share purchase valued ... Read More