ngx
- BRAND REPORT
Zenith Bank Delivers ₦1.26trn PBT, Signals Confidence with Higher Dividend
Profit after tax edged up to ₦1.04 trillion, supported by a notable reduction in tax liabilities, which fell sharply to…
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Dangote Refinery IPO Gains Momentum as Afreximbank Leads $4bn Financing, African Bourses Align
Led by Umaru Kwairanga, Chairman of the Nigerian Exchange Group, a delegation of African capital market leaders recently toured the…
Read More » - BUSINESS
CBN Recapitalisation Deadline Looms as Nigerian Banks Raise ₦4.6trn — But Real Sector Gap Persists
A significant majority of banks—32 out of 44—have met the new capital thresholds, collectively raising an estimated ₦4.6 trillion in…
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Nigeria’s Capital Market Re-Rated as NGX Hits ₦130 Trillion Market Cap Milestone says NGX Boss Popoola
Nigeria’s capital market is undergoing a structural shift—one that could redefine its position within global investment flows. The surge in…
Read More » - BUSINESS
Nigeria’s Capital Market to Adopt T+1 Settlement Cycle from May 29
Under the new framework, securities transactions will be settled one business day after the trade date, replacing the current two-day…
Read More » - BUSINESS
Rate Cut Shock: Why Investors Wiped ₦1.14 Trillion Off NGX in One Session
Within hours of the Monetary Policy Committee’s announcement, investors erased ₦1.14 trillion from the Nigerian Exchange (NGX), triggering one of…
Read More » - BUSINESS
Insider Dealing: NGX Crackdown Sparks Push for Stronger Corporate Governance Enforcement
The deeper concern is reputational. Markets thrive on trust. Once that trust is compromised, restoring it becomes significantly more expensive…
Read More » - NEWS
NGX Hits ₦110 Trillion as Equity Rally Signals Renewed Investor Confidence
Nigeria’s equities market has crossed a psychologically and strategically important threshold. With total market capitalisation climbing above ₦110 trillion, the…
Read More » - BRAND REPORT
Nigeria Ranks 3rd in Africa as NGX Hits ₦100trn — Tinubu Urges Nigerians to Invest Locally
Nigeria’s capital market has crossed a historic psychological and financial threshold, reinforcing its status as one of Africa’s most consequential…
Read More » - BUSINESS
Zenith Bank Surpasses CBN Recapitalisation Target, Raises ₦350.46bn in Oversubscribed Public Offer
Zenith Bank Recapitalisation A strong vote of investor confidence as Zenith cements its position as Nigeria’s most capitalised bank. In…
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