NGX sheds N93 billion as First HoldCo, Stanbic IBTC, NAHCO drag stocks lower
The Nigerian equities market lost N93.23 billion on Tuesday, November 10, 2026 as selling pressure in First HoldCo, Stanbic IBTC, Zenith Bank and NAHCO triggered reversal of a small part of the previous session’s rebound. The NGX All-Share Index (ASI)... Read More →
Exclusive: Dangote Refinery IPO attracts N5.85 trillion in bids from nearly 3.8m applicants
Dangote Petroleum Refinery’s initial public offering (IPO) attracted approximately N5.85 trillion in share applications from nearly 3.8 million subscribers, significantly exceeding the company’s initial fundraising target of N2.15 trillion. Subscription data seen by Nairametrics shows that investors applied for 11.15... Read More →
FTM Buy, Sell or Hold: Custodian Investment
Custodian used to be easy to explain: it sold insurance and invested the premiums. Then, last November, it bought a merchant bank; before that, a real estate company, UPDC. Now it is harder to explain, and it is cheaper than... Read More →