capital markets
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Stock-Market
Nigerian equities market cap hits N160trn on fourth bullish rally
The Nigerian Exchange Ltd. (NGX) started the week on a positive note as market capitalisation increased by N1.91 trillion, representing…
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Stock
NGX rallies for fifth consecutive session amid FUGAZ buying
Nigeria’s equities market extended its winning run to a fifth consecutive session on Thursday, as sustained buying interest in FUGAZ…
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Stock
Why Nigerian equities declined by N13.3tn in June – Analyst
Wyoming Capital and Partners has attributed the Nigerian stock market’s N13.291 trillion loss in June to investor caution over the…
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Stock-Market
NGX slides 0.66% as investors lose N983bn in Friday rout
Investors lost N983 billion on Friday as sell-offs in key stocks have continued to pull the Nigerian stock market into…
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Economy
Nigeria launches integrated PPP framework to close infrastructure gap
The Federal Government of Nigeria has unveiled a unified Public-Private Partnership (PPP) framework designed to fast-track infrastructure delivery and mobilise…
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Economy
MTN Nigeria grants shares to six employees under ESOP
MTN Nigeria has vested 129,129 ordinary shares, valued at approximately ₦103.3 million, in six of its employees under the company’s…
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Stock-Market
Otedola grows First HoldCo stake to 20.42% via private placement
Billionaire investor Femi Otedola has further consolidated his grip on First HoldCo Plc, the parent company of First Bank of…
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Economy
Dangote Refinery seeks $1bn in private placement at $39.1bn valuation
Dangote Petroleum Refinery is seeking to raise $1 billion through a private placement, offering 3 billion ordinary shares at approximately…
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Stock
Airtel Africa Launches Tranche 3 of $100M Share Buyback Programme
Airtel Africa has commenced the third tranche of its share buyback programme, having already repurchased approximately 1% of its total…
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Economy
First HoldCo Tables ₦253 Billion Capital Raise for Shareholders’ Approval
First HoldCo Plc is pushing for shareholders’ approval to raise up to ₦253 billion in fresh capital, as the financial…
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