Stakeholders in the Niger Delta reveal Nigeria has lost over $226 billion due to the prolonged shutdown of oil operations in Ogoniland since 1993, urging a restart with community involvement and environmental safeguards.
Seplat Energy Plc becomes the first company in Nigerian Exchange history to close above N10,000 per share, driven by Tony Elumelu's strategic investment and strong financial performance.
Seplat Energy becomes first NGX-listed company to cross N10,000 share price mark, reaching N10,450. Nigerian stock market capitalization hits N132.49 trillion as investors gain N2.9 trillion.
NMDPRA CEO Saidu Mohammed cautions African policymakers against rigid fuel specification harmonisation, advocating a phased approach to reflect diverse regulatory and infrastructure realities across the continent.
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Dangote Petroleum Refinery is preparing to launch Africa's largest IPO, potentially raising $5 billion. The offering could reshape investment flows and boost Nigeria's economy significantly.
The Central Securities Clearing System has overhauled its fee structure for 2026, with OTC trade fees surging 3,233% and custody charges shifting to asset-based pricing, impacting brokers and investors.
The Nigerian stock market opened the week positively, with market capitalization rising to N131.6 trillion. Gains in key stocks like Nigerian Exchange Group and Trans-Nationwide Express drove the rally, amid strong investor sentiment.
The Nigerian conglomerate sector has seen a remarkable 511% increase in market capitalization from 2023 to 2026, driven by policy reforms and renewed investor confidence.
The Nigerian Exchange Limited saw a positive trading session with market capitalisation increasing by N443 billion, driven by gains in 31 stocks including Guinness Nigeria and Nigerian Breweries.
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Nigeria's SEC has ordered the immediate freezing of assets belonging to 10 individuals and 3 entities linked to terrorism financing, following their designation by the Nigeria Sanctions Committee.
The Nigerian equities market continued its upward trend, with investors gaining N1.36 trillion as blue-chip stocks drove gains. The all-share index rose 1.03% to 203,770.42 points, while market capitalisation increased to N131.17 trillion.
The Nigerian stock market closed higher with a N707 billion gain, driven by strong performances in banking, consumer goods, and industrial sectors, while over 548 million shares worth N31.5 billion were exchanged.
Traditional rulers and community leaders in the Niger Delta have called for sustained support for Tantita Security Services Limited following a National Assembly vote of confidence. They cite improved security, job creation, and reduced oil theft as key b
The Nigerian equities market extended its bullish run midweek, with investors gaining over N300 billion as market capitalisation rose to N130.404 trillion, driven by strong performances in banking and oil stocks.
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The Strait of Hormuz remains a vital global oil route, with 20% of world supply passing daily. Rising Iran-US-Israel tensions threaten disruptions, as alternative routes have limited capacity compared to this strategic waterway.
FTSE Russell has reclassified Nigeria from 'Unclassified' to 'Frontier Market', effective September 2026, citing improvements in NGX infrastructure, transparency, and investor access.
The Nigerian Exchange Limited (NGX) surged past N130 trillion in market capitalisation, gaining N209 billion in a single trading session. Key stocks like Cadbury Nigeria and GTCO drove the upturn, while market breadth remained negative with more decliners
The Nigerian stock market opened the new trading week bullish, with market capitalization increasing by N208.65 billion. Strong buying interest in Cadbury Nigeria, First Holdco, and Honeywell Flour Mills drove the rally, while Transnational Corporation an
Investors on the Nigerian Exchange Limited gained N837 billion last week, driven by improved full-year financials from listed companies and new share listings, despite mixed sectoral performance and declining trading activity.
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Nigeria's stock market soared as the NGX All-Share Index crossed 200,000 points, with investors gaining N2 trillion in a day, driven by strong demand and sector-wide gains.
US stocks surged significantly after Iran's President indicated a potential end to the ongoing conflict, boosting market optimism while oil prices declined amid reduced geopolitical tensions.
The Nigerian stock market closed March positively with a 0.40% gain, adding N516 billion to market capitalization. Investors engaged in bargain hunting across major equities despite negative market breadth.
Zedcrest Group has appointed Simbiat Bada as Managing Director of its stockbroking subsidiary, following board approval and SEC clearance, two years after acquiring RMB Nigeria Stockbrokers.
The Nigerian Exchange Limited (NGX) has seen its market capitalization surge by N108 trillion, or 528.7%, to N129 trillion since demutualization in 2021, marking a historic bull run.
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NGX Regulation Limited has sanctioned five trading firms, including CSL Stockbrokers, with a total of N291 million in penalties for violations like wash trades and self-matching, aiming to uphold market integrity.
The Nigerian stock market started the week with a significant decline, erasing N275.15 billion in value as investors engaged in profit-taking across major stocks, including May & Baker and Zenith Bank.
The Nigerian Exchange Limited recorded unprecedented gains in Q1 2026, with market capitalisation rising by N29 trillion. Strong corporate earnings and improved macroeconomic conditions fueled investor confidence across key sectors.
The Nigerian stock market closed lower this week, with the All-Share Index dropping 0.12% as investors traded 3.95 billion shares worth N201.312 billion. Financial services stocks led activity, while Livestock Feeds and Fidson Healthcare were top decliner
An analysis of the motives behind opposition to Tantita Security Services Nigeria Limited, highlighting its role in boosting oil production and national revenue.
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Dangote Petroleum Refinery has officially dismissed unauthorized reports about a planned Initial Public Offering, cautioning stakeholders to rely only on verified information from official channels.
