NGX sheds N1.67 trillion as sell-off deepens across sectors
The Nigerian equities market remained under pressure for a second straight session on Wednesday, September 9, 2026, as the benchmark All-Share Index (ASI) declined 1.05% to close at 242,223.10 points, erasing approximately N1.67 trillion in market capitalisation. The pullback, triggered... Read More →
N Seven Nigeria buys N145.6m extra stake in Guinness
N Seven Nigeria Limited, the majority shareholder of Guinness Nigeria Plc, has further consolidated its equity position in the beverage giant through the acquisition of additional ordinary shares valued at N145.62m. According to an official share dealing notification submitted to the... Read More →
Firm offers SMEs N100m loan, targets growth
Fast-growing Nigerian financial technology platform, FinStore, has announced that small and medium-sized enterprises using its platform can now access loans of up to N100m to drive business expansion across the country. The Co-founder of FinStore, Ayomide Olupitan, disclosed this during... Read More →
PAC Holdings targets growth, marks 20th anniversary
PanAfrican Capital Holdings Limited has unveiled a renewed vision to drive Africa’s economic growth as it celebrates its 20th anniversary. The milestone was commemorated at a media parley in Lagos, where the group’s leadership reflected on its evolution and outlined... Read More →
Coronation expects NGX rally to extend on FTSE upgrade
The Nigerian equities market sustained its upward momentum as investor sentiment remained firmly bullish, driven by expectations surrounding the market’s formal return to international benchmark indices. The benchmark Nigerian Exchange Limited All-Share Index advanced by 2.36 per cent week-on-week to... Read More →
NGX loses N1.65tn as index drops below 242,223 points
The Nigerian Exchange Limited closed on a bearish note on Wednesday as selling pressure across major market sectors dragged overall performance downward. The benchmark NGX All-Share Index dropped by 1.05 per cent to close at 242,223.10 points, down from Tuesday’s... Read More →
NB posts N1tn net revenue in H1, clears debt
Nigerian Breweries Plc has reported a strengthened financial position in the first half of 2026, emerging debt-free with improved cash generation, positive retained earnings, and a stronger balance sheet following a strategic recovery from previous operational challenges. The Finance Director... Read More →