Persistent bearish sentiment in the Nigerian equities market led to a N208 billion dip in market capitalisation on the Nigerian Exchange Group (NGX) during the just-concluded trading week, following a deeper N440 billion loss recorded the previous week. The market…
UPDC Plc has released its audited financial results for the year ended December 31, 2024, delivering a strong performance anchored by real estate sales. The company posted a pre-tax profit of N1.309 billion, representing a 244.51 per cent increase from…
First Holdco Plc has released its audited financial results for the year ended December 31, 2024, reporting a pre-tax profit of N781.88 billion, representing a 124.77 per cent year-on-year increase compared to N347.87 billion recorded in 2023. Profit after tax…
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to step up diplomatic engagement through the appropriate ministries to address the recent imposition of tariffs by the United States on Nigerian goods. Speaking during a…
Nigeria’s equities market finished the week on a positive note, gaining 0.38 percent or approximately N240 billion on Thursday, the final trading session in a holiday-shortened week. Despite the late boost, the market still recorded a weekly decline of 0.31…
Nigerian Breweries Plc has released its financial results for the first quarter ended March 31, 2025, reporting a pre-tax profit of N69.9 billion. This is a notable recovery from a pre-tax loss of N65.5 billion in the same quarter of…
The naira held its ground at the official foreign exchange (FX) market on Tuesday, buoyed by improved liquidity conditions across trading platforms. At the close of trading, the naira strengthened marginally against the US dollar, appreciating by N5.53 to settle…
The Nigerian Exchange Limited (NGX) recorded its steepest drop of the week on Wednesday, as the All-Share Index (ASI) fell by 0.68 percent. The downturn was largely driven by losses in key stocks, with Industrial & Medical Gases Nigeria Plc…
…Proposes N2.50 dividend amid strong lending gains Access Holdings Plc has published its audited financial statements for the 2024 fiscal year, revealing a pre-tax profit of N867.02 billion, an increase from N729.00 billion recorded the previous year. Gross earnings rose…
Nigeria’s stock market recorded a modest gain on Tuesday, edging up by 0.03 percent, as investor demand increased for Unilever Nigeria Plc and other attractively priced equities. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) rose slightly from 104,529.62 points…
