IT Support

Aliko Dangote, Chief Executive Officer of Dangote Group, has said investors can subscribe to the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE with a minimum of 10 ordinary shares, worth N5,250. Dangote disclosed this on... Read More →

What would it take to earn N10 million from Dangote Cement dividends for the 2026 financial year? Using the company’s 2025 financial year dividend of N45 per share, the answer is about 222,223 shares. At the current share price of... Read More →

The Nigerian equities market extended its bullish trajectory on Monday, September 8, 2026, reclaiming the historic N160 trillion market capitalisation threshold for the first time since Monday, August 10, when the market first crossed that mark before a sharp two-week... Read More →

Trading on the Nigerian Exchange Limited ended on a mixed note for the equities market on Monday, as buying interest in select brewing, telecom, and energy stocks countered selling pressure in banking and insurance counters. Total equity transactions recorded 52,199... Read More →

African Alliance Insurance Plc, one of Nigeria’s oldest life assurance specialists, faced severe financial pressures during the first quarter of 2023, recording a total comprehensive loss of N1.72bn compared with a net profit of N1.07bn in the corresponding period of... Read More →

Activity in the official foreign exchange market experienced a notable slowdown during the first week of September 2026, as total turnover across both the spot and derivatives segments registered a sharp week-on-week decline. According to the latest market report released... Read More →

Buoyed by strong institutional demand and robust trading activity, the Nigerian Exchange rallied last week, with rising market capitalisation and solid financial-sector performance boosting investor confidence and profitability. JIDE AJIA reports The Nigerian equities market closed the first week of September 2026... Read More →

Just eight companies listed on the Nigerian Exchange had market capitalizations of at least $5 billion as of September 2, 2026, with the group commanding a combined valuation of approximately N103.12 trillion ($77.86 billion). The Billion-dollar Mega Caps (BMCs) represent... Read More →

Sterling Financial Holdings Plc and five other companies listed on the Nigerian Exchange (NGX) a combined 14.44 billion additional shares valued at N37.19 billion at their respective offer or conversion prices, following a series of capital-raising and restructuring transactions. The... Read More →

Wema Bank has become a much bigger and more profitable bank in the past few years, while its shares have rallied sharply. In 2025, it closed at N20.40, gaining over 124% and becoming the best-performing banking stock. By February 2026,... Read More →