NGX

Markets & Investing

Why First HoldCo shares jumped big after a 92% profit crash

Plu Team -
At first glance, First HoldCo’s latest results looked ugly. Nigeria’s biggest banking group by...
Markets & Investing

Stocks: Afrinvest retail users up 1,000% as firm targets ₦140tn Nigerian market

Plu Team -
Afrinvest West Africa is seeing a sharp surge in retail participation on its investment...
Earnings and Dividend

Nigeria Infrastructure Debt Fund raises payout as yields beat govt bonds

Plu Team -
Nigeria’s first listed infrastructure debt fund increased its quarterly payout after posting another year...
Companies

Presco’s majority owner, SIAT, names new Group CEO

Plu Team -
SIAT NV, the Belgian agro-industrial group that owns a controlling 60% stake in Presco...
Companies

Eterna to raise ₦21.5bn by selling new shares at 37% discount

Plu Team -
Eterna Plc has commenced a ₦21.52 billion rights issue priced at a sharp discount...
Companies

Champion Breweries launches ₦42 billion public offer to fund expansion

Plu Team -
Champion Breweries Plc says it has received regulatory clearance to launch a ₦42 billion...
Markets & Investing

As stocks rise 51%, three men control a third of Nigeria’s N99 trillion market

Eric Ojo -
LAGOS — Nigeria’s stock market delivered headline-grabbing returns in 2025, but beneath the 51.2%...
Main Story

Nigerian stocks open 2026 at a new record high

Plu Team -
Nigerian equities opened 2026 on a strong note, with the market hitting its highest...
Companies

After Otedola’s Exit, Geregu Power appoints serving senator as board chairman

Plu Team -
Geregu Power Plc has appointed serving Nigerian senator Abdul-Aziz Abubakar Yari as chairman of...
Companies

Femi Otedola exits Geregu Power in $750 million deal

Plu Team -
Billionaire investor Femi Otedola has sold his controlling interest in Geregu Power Plc in...
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