…was detailed in the company’s unaudited condensed financial statements submitted to the Nigerian Exchange Group on Wednesday. “Our half-year performance demonstrates the continued resilience of our brands and the effectiveness of our operational strategies in navigating ongoing macroeconomic pressures,” the company sta…
The chairman of Nigerian Exchange Group, Dr Umaru Kwairanga, has called for stronger collaboration between the capital market and insurance industry to mobilise long-term capital, deepen financial inclusion and accelerate sustainable economic growth. The post NGX chair seeks capital market, insurance partnership to dri…
…listingsLegit.ng previously reported that Dangote plans to list the refinery on the Nigerian Exchange (NGX) as part of efforts to broaden local ownership of one of Africa's most strategic industrial assets.The proposed IPO has generated widespread attention across Nigeria's capital market, with Dangote repeatedly stati…
…pave the way for a return to dividend distributions. In a corporate notice sent to the Nigerian Exchange Limited and obtained by The PUNCH, the brewer disclosed that despite a recent return to profitability, it remains legally unable to reward its shareholders due to the massive negative retained earnings sitting on it…
…of reforms spearheaded by the Securities and Exchange Commission (SEC), alongside the Nigerian Exchange Group (NGX Group), Central Securities Clearing System (CSCS), and other capital market stakeholders.The reforms are aimed at strengthening investor protection, improving transparency, modernising post-trade infrastru…
…reforms led by the Securities and Exchange Commission (SEC), in collaboration with Nigerian Exchange Group (NGX Group), Central Securities Clearing System (CSCS) and other market stakeholders. These reforms have focused on strengthening investor protection, enhancing market transparency, improving operational efficienc…
…combined finance costs of 12 leading fast-moving consumer goods companies listed on the Nigerian Exchange declined by 23.02 per cent to N67.66bn in the first quarter of 2026, from N87.90bn in the corresponding period of 2025, signalling stronger profitability, lower debt burdens and increased reliance on equity financi…
…while the market's year-to-date return moderated further to 51.62%. During the week, the Nigerian Exchange (NGX) also introduced new rules that could significantly change how share prices move on the exchange. Under the new framework, a minimum number of shares must be traded before the price of a stock can change. Tra…
…N938.75 billion loss marks the sixth consecutive trading session of decline on the Nigerian Exchange, highlighting the persistence of the current market correction after months of strong gains. Investors lost N938.75 billion in a single day as market capitalisation declined from N152.27 trillion on Thursday to N151.33…