Nigeria, March 24 -- United Bank for Africa (UBA) posted its biggest net profit on record for the financial year 2024 as the interest income of the pan-African lender expanded more than twofold, its a... Read More
Nigeria, March 21 -- First HoldCo Plc said its recently concluded rights issue was oversubscribed by 25 per cent as it reported N187.6 billion in subscriptions from existing shareholders even though i... Read More
Nigeria, March 21 -- First HoldCo Plc said its recently concluded rights issue was oversubscribed by 25 per cent as it reported N187.6 billion in subscriptions from existing shareholders even though i... Read More
Nigeria, March 21 -- Nigerian Breweries, the local unit of Heineken N.V., bought a further 20 per cent stake in Distell Wines and Spirits Nigeria Limited, enabling it to take full ownership of the com... Read More
Nigeria, March 17 -- Nigerian stocks retreated by 0.6 per cent last week, following sell pressure on bank, oil & gas and industrial goods stocks. With the audited financial reports of four of the Big... Read More
Nigeria, March 13 -- Transnational Corporation Plc (Transcorp) reported a 189.7 per cent rise in net profit for last year, according to its recently released audited earnings report, amid a sharp boos... Read More
Nigeria, Feb. 26 -- Nigeria's new cautious monetary policy stance, a guiding light for the central bank on its road to holding rates for the first time in years last week, could be a spur for stocks i... Read More
Nigeria, Feb. 24 -- Nigerian stocks continue to ride on a sturdy wave of investor sentiment, which is driving the share prices of lots of equities to their 52-week peak. The momentum could last fairl... Read More
Nigeria, Feb. 21 -- Nigerian treasury bill yield touched its lowest point in over a year at an auction on Wednesday, when the central bank set out to raise N700 billion, stretching further a decelerat... Read More
Nigeria, Feb. 17 -- Nigerian stocks advanced by 2 per cent last week, extending a bull run that has helped the market return 5 per cent this year on the back of investors' increased interest in indust... Read More