Nigerian Blue-Chip stocks hold sway amid Dangote’s refinery IPO
The Nigerian capital market is at a pivotal juncture with the Dangote Refinery IPO, amidst a bullish trend across the Nigerian Exchange (NGX). Nigeria’s equities extended gains for a fourth successive session as NGX All-Share Index appreciated by 244,304.51 points.... Read More →
Sterling, AIICO, Fidelity lead volume as NGX gains N315 billion
The Nigerian Exchange (NGX) recorded a total turnover of 662.35 million shares on Wednesday, September 16, 2026, as investors maintained strong activity across banking, insurance and financial services stocks. Total equity transactions stood at 63,167 deals during the trading session.... Read More →
Legend Internet’s FY2026 profit falls 91% as N672 million asset-gain masks operating loss
Legend Internet Plc reported a pre-tax profit of N13.21 million for the 12 months ended July 31, 2026, down 92.35% from N172.66 million in the prior year, largely driven by nearly nine-fold growth in administrative expenses and a more than... Read More →
Dangote extends relationship as Banwo & Ighodalo, Olaniwun Ajayi headline IPO
Two of Nigeria’s leading corporate law firms have extended their long-running relationship with the Dangote Group after securing key legal roles in the initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE. According to Nairametrics’ review of the... Read More →
Nigerian banks trade at discount to African peers despite 68% surge
Nigerian banking stocks have rallied strongly in 2026, adding more than N11 trillion in market value in less than nine months. However, several of the country’s largest banks still trade below the valuations of comparable African lenders, with some below... Read More →
Nigerian equities gain N650 billion as market cap hits N158 trillion
Trading on the Nigerian Exchange (NGX) closed higher on Tuesday, September 15, 2026, with the All-Share Index (ASI) rising by 1,005.27 points 0.41% just as the market capitalisation increased by N650 billion to close at N158.4 trillion, up from N157.75 trillion... Read More →
Financial, oil gains push NGX to N158.4tn
The Nigerian Exchange posted an upbeat session on Tuesday as aggressive buying in heavyweight financial and energy equities lifted the market capitalisation by N650bn to close at N158.40tn, up from N157.75tn recorded in the previous trading session. The benchmark All-Share... Read More →
RMB, BOI strengthen partnership with N274.18bn debt issuance
Rand Merchant Bank Nigeria has acted as Joint Issuing House on the issuance of the Bank of Industry’s inaugural domestic Naira-denominated N274.18bn five-year fixed-rate bond due 2031, marking the largest debt capital markets issuance by a Development Finance Institution in... Read More →
Presco approves N44.66 dividend
Presco Plc has approved a final dividend of N14.66 per 50 kobo ordinary share for the financial year ended December 31, 2025, bringing its total dividend payout for the year to N44.66 per share. The decision was ratified by shareholders... Read More →
Creditville acquires N1.7m Chams HoldCo shares
Creditville Nigeria Limited has expanded its stake in Chams Holding Company Plc through the acquisition of 500,000 ordinary shares valued at N1.71m. The development was disclosed in an official corporate notification released to the Nigerian Exchange Limited and signed by... Read More →









