IT Support

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 →

FTSE Russell has included 31 Nigerian companies in its FTSE Frontier Index Series as the country prepares to return to Frontier Market status after a three-year absence from the global index provider’s classification. The global index provider revealed this in... Read More →

The Nigerian equities market regained its bullish momentum on Thursday, September 3, 2026, as the benchmark NGX All-Share Index (ASI) advanced 0.15% to close at 246,388.22 points, up from 246,019.17 points in the previous session. The market performance was buoyed... Read More →

Dangote Cement Plc has announced plans to host a Capital Markets Day in London on 21 September 2026, as part of preparations for its secondary listing on the London Stock Exchange. The company disclosed this in a regulatory filing submitted... Read More →

FirstTrust Mortgage Bank has unveiled a suite of tailored mortgage and real estate development solutions in a strategic push to bridge Nigeria’s housing deficit and expand access to property financing. The new product offerings, which feature facilities of up to... Read More →