Search Results for "Nigerian Exchange"
34 results found
Guinness Nigeria grows revenue to N265bn

…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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
NGX chair seeks capital market, insurance partnership to drive growth

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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 22 views
Dangote's $2.5bn fundraising sparks frenzy as landmark IPO nears

…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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 23 views
Int'l Breweries seeks capital overhaul to offset N191bn deficit

…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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 25 views
Nigeria placed on 2027 Frontier Market Watchlist

…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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 33 views
S&P Dow Jones places Nigeria on 2027 Frontier Market Watchlist

…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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 35 views
FMCG firms slash finance costs by 23% in Q1

…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…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 31 views
BREAKING: Nigerian stocks shed N9 trillion as June rout deepens

…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…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 43 views
Nigerian stocks shed N938.75 billion on Friday amid sustained profit-taking

…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…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 38 views
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