NGX

Markets & Investing

Trump’s military threat shakes Nigerian markets as stocks, naira, and bonds fall

Plu Team -
Nigerian financial markets fell on Monday after U.S. President Donald Trump threatened possible military...
Earnings and Dividend

UBA surprises market with lowest interim dividend in three years after record 2024 payout

Plu Team -
United Bank for Africa has declared an interim dividend of 25 kobo per share...
Companies

Oando rewards shareholders with 679 million shares, plans next distribution

Plu Team -
Oando Plc has announced the completion of the first phase of its Share Distribution...
Banks

Former chairman buys 21% stake in Ecobank from Nedbank

Plu Team -
Ecobank Transnational Incorporated (ETI), the parent company of pan-African lender Ecobank Group, has confirmed...
Companies

Oando shareholders approve ₦500 billion capital raise, debt restructuring

Plu Team -
Shareholders of Oando Plc have granted approval for an extensive ₦500 billion capital-raising and...
Earnings and Dividend

Nestlé Nigeria returns to profit as FX losses ease

Plu Team -
Nestlé Nigeria Plc, the country's largest food and beverage company, has staged a remarkable...
Earnings and Dividend

Nigerian Breweries swings to profit as debt costs falls

Plu Team -
Nigerian Breweries Plc, the country's largest brewer, has reported a significant turnaround in its...
Companies

Lafarge Africa profit soars 352% in H1 2025 as cement prices and volumes rise

Plu Team -
Lafarge Africa Plc delivered one of its strongest earnings performances in recent history, posting...
Banks

First Bank (First HoldCo) gets a new top buyer. Here’s who’s behind the deal

Plu Team -
A dramatic shift in the ownership structure of Nigeria’s oldest bank, First Bank, is...
Markets & Investing

Analysis | Why is Nigeria’s stock market booming while the economy isn’t?

Olawale Afolabi -
Nigeria’s stock market is defying the country’s economic struggles. In the face of inflation,...
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