The Group Managing Director of Nigerian Exchange Group (NGX Group) Plc, Mr Temi Popoola, has urged African financial stakeholders to rethink their approach in order to unlock an estimated $500 billion in informal capital circulating across the continent. Speaking at…
Fidson Healthcare Plc has reported a strong first-quarter performance for the period ending 31 March 2025, recording a pre-tax profit of ¦ 4.8 billion. This marks a year-on-year increase of 213.49 per cent compared to the ¦ 1.5 billion posted…
The Nigerian equities market began the month of May on a strong footing, with investors pocketing N152 billion in gains during the opening trading session on Friday. This upward movement was largely fuelled by sharp increases in the share prices…
CWG Plc has posted a pre-tax profit of N2.1 billion for the first quarter ended 31 March 2025, marking a 423.64 per cent increase compared to the N415.9 million reported during the same period in 2024. The sharp rise in…
By Seun Ibiyemi The Nigerian equities market extended its rebound from a three-week downturn in April, delivering another week of positive performance as investors secured a ¦ 183 billion gain over the course of four trading sessions. This followed an…
Investors on the Nigerian Exchange Ltd. traded 2.200 billion shares worth N75.409 billion in 70,329 transactions during the week under review. This contrasts with 1.854 billion shares worth N56.025 billion traded last week in 51,386 deals. As a result, transaction…
The Nigerian stock market has experienced a bullish run over the past five years, with publicly traded companies reporting unprecedented profits and increased revenues. The NGX (Nigeria’s major stock exchange) demonstrated resilience and strong performance, achieving a 37.65% return in…
Julius Berger Nigeria Plc reported a pre-tax profit of N5.9 billion for the first quarter ended March 31, 2025, a sharp 64.68 per cent decline from the N16.7 billion recorded in the same period in 2024, as rising costs and…
…Customers criticize charges Four banks have posted N979.77 billion as Profit Before Tax (PBT) for the first quarter of 2025 ended March 31. The financial statements posted on the Nigerian Exchange Group (NGX) platform, reveals that all the banks recorded…
Nestlé Nigeria has reported a 61 per cent revenue growth of N294.9 billion in first quarter of 2025. This is compared to N183.5 billion reported for the first quarter of 2024. The company disclosed this in a corporate disclosure sent…
