ngx
- 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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Nigerian Stock Market Gains 2.37% as Investors Trade ₦90.28bn Worth of Shares on NGX
Nigeria’s equities market closed on a bullish note this week, as investor sentiment tilted toward renewed optimism despite a slowdown…
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Nigeria’s Corporate Champions: Dangote Cement, Zenith Bank, Access, Seplat, GTCO, AIICO, Among Top 100 High-Performing Companies
L-R: Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi Ogunbiyi of Branding & Sponsorship; Ayotunde Adeniyi, Head, Branding & Sponsorship,…
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FCCPC Approves UAC’s Acquisition of Chivita | Hollandia, Reshaping Nigeria’s Beverage Market.
The Federal Competition and Consumer Protection Commission (FCCPC) has given regulatory approval for UAC of Nigeria Plc to acquire CHI…
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NGX: Equities Slip ₦81bn After Five-Day Rally
Lagos — After five straight green sessions, the Nigerian Exchange (NGX) cooled on Friday: market cap –₦81bn (–0.09%) to ₦88.922tn;…
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Coronation Infrastructure Fund Debuts on NGX with ₦8.79bn Listing to Power Nigeria’s Growth
The Nigerian Exchange (NGX) has welcomed a new milestone in alternative investments with the official listing of the Coronation Infrastructure…
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NGX Weekly Review: Transaction Value Rises 7.5% Despite Market Dip
Nigeria’s equities market posted a mixed performance in the past week, with transaction value climbing 7.50% even as the benchmark…
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NGX Weekly Review: Equities Slip as Investors Lose ₦712bn
Nigeria’s equities market closed last week on a negative note, with investors booking ₦712 billion in losses, as bearish sentiment…
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First HoldCo Clears Air on Share Ownership, Dismisses Otedola and FG Involvement in Off-Market Deal
First HoldCo Plc, one of Nigeria’s leading financial holding companies and owners of First Bank, has issued an official clarification…
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UBA to Raise ₦157 Billion via Rights Issue to Strengthen Capital Base
In a strategic move to reinforce its capital adequacy and power its pan-African growth ambitions, United Bank for Africa Plc…
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