Nigeria, April 15 -- Profits at Afreximbank, the multilateral lender focused on financing intra-African trade and development, climbed 28.8% in 2024, quickened by a series of interest rate hikes in re... Read More
Nigeria, April 14 -- Nigerian stocks fell more sharply than the previous week last week amid a market correction that saw a relatively weak investor appetite let out the bears on equities. The flurry... Read More
Nigeria, April 13 -- Nigeria's capital market watchdog, the Securities and Exchange Commission (SEC), and the Global Investment Advisory (GIA)-a cohort of investment experts-have announced plans to de... Read More
Nigeria, April 11 -- Wema Bank said the capital it intends to raise through the sale of N150 billion worth of shares to current shareholders will help set it on the path to joining the class of system... Read More
Nigeria, April 9 -- Post-tax profit at oil palm company Presco jumped far more than double to N77.8 billion in 2024, partly due to its recent expansion into the Ghanaian market. That helped lift marg... Read More
Nigeria, April 7 -- The market saw limited trading sessions last week on account of public holidays on Monday and Tuesday, with the main equity index declining by 0.1 per cent. Stocks have returned 2... Read More
Nigeria, April 5 -- Net profit at the banking holding company FCMB Group fell by more than one-fifth last year amid galloping cost pressures even though revenue grew by as much as 53.9 per cent. Thes... Read More
Nigeria, April 5 -- Ecobank Nigeria Limited, the local subsidiary of Lome-based Ecobank Transnational Incorporated, has initiated a legal action against Barbican Capital Limited, an affiliate of Honey... Read More
Nigeria, April 3 -- Custodian Investment Plc will hand shareholders N6.5 billion in final dividend payments for last year, which translates to N1.10 per share, the investment group announced on Wednes... Read More
Nigeria, April 3 -- Nigerian equities advanced by 0.7 per cent last week, recording their first gain in five weeks due to increased interest in bank stocks. The market ended the first quarter yieldin... Read More