Airtel Africa continues share buyback programme
Airtel Africa plc has announced the purchase of 799,925 of its ordinary shares of USD 0.50 each in aggregate from Citigroup Global Markets Limited under its ongoing share buyback programme. The transactions, executed across the London Stock Exchange between 5... Read More →
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 →
Dangote Cement, Transcorp Power, Oando drive N2.32 trillion stock market rebound
The Nigerian equities market bounced back strongly on Monday, November 9, 2026, gaining N2.32 trillion in market capitalization or 1.44% to close higher at N163.92 trillion, up from N161.59 trillion and driven by robust gains in industrial stocks led by... Read More →
Investors punish Nigerian insurance stocks even as profits surge
AIICO Insurance Plc reported that its nine-month pre-tax profit had jumped 27% to N19.4 billion. Its profit after tax of N17.3 billion beat the N14.4 billion the insurer had forecast to the exchange earlier in the year. Its shares fell... Read More →
NB, HBM, Nestlé Nigeria, others book N129.4 billion in fees and royalties paid to parent
Seven foreign-owned companies on the Nigerian Exchange that disclose the figures booked N129.4 billion in royalties, licence, technical and management fees to their parent groups in the nine months through September. That is up 7.7% from N120.1 billion a year... Read More →
Market slumps 2.13% as bears dominate weekly trading
The weekly losses across key indices reflect sustained bearish sentiment and cautious trading amid macroeconomic uncertainties, with investors watching liquidity trends and corporate disclosures for signs of recovery, JIDE AJIA reports The Nigerian Exchange Limited recorded a total turnover of... Read More →
NAHCO posts N16bn nine-month profit on revenue growth
The Nigerian Aviation Handling Company Plc has sustained its growth trajectory with double-digit increases across key performance indices in the third quarter of 2026, underlining continuous brand preference and operational efficiency. The company’s interim report and accounts for the nine-month... Read More →
Top NGX-listed tech companies ranked by revenue growth in 2026
Technology and telecommunications companies listed on the Nigerian Exchange (NGX) recorded varying revenue performances in 2026, with some reporting double-digit growth while others struggled to maintain their previous-year earnings. An analysis of the latest financial statements of nine selected NGX-listed... Read More →









