Sovereign Trust Insurance secures recapitalisation certificate
Sovereign Trust Insurance Plc has secured its official Recapitalisation Certificate from the National Insurance Commission. The development marks a significant regulatory milestone for the insurer, solidifying its compliance with the federal government’s ongoing capital overhaul aimed at building a stronger... Read More →
Champion Breweries new CEO assumes duty
Champion Breweries Plc has announced that Mr Malolan Sampath has formally assumed office as its Managing Director and Chief Executive Officer with effect from 1 September 2026. The company disclosed this in an official corporate notification released on Tuesday on... Read More →
Seplat, UPDC drive N238bn rebound on NGX
The Nigerian equities market closed on a positive note on Thursday as renewed buying interest in heavyweight energy, banking, and printing equities lifted key performance indicators. Specifically, the All-Share Index advanced by 369.05 basis points, or 0.15 per cent, to... Read More →
NGX Megacaps gain N46.69 trillion in market value in eight months of 2026
Nine listed MegaCap companies added N46.69 trillion in market value between December 31, 2025 and August 31, 2026, as the largest stocks on the Nigerian Exchange (NGX) recorded substantial increases in market capitalization during the first eight months of the... Read More →
Nigerian stocks lose N41 billion as large caps drag market lower
Trading on the Nigerian Exchange Limited (NGX) on Wednesday, reversed earlier gains with the equities market closing marginally lower as losses in large and medium-capitalised stocks outweighed broad-based buying interest. The All-Share Index (ASI) declined 63.46 points, representing a 0.03%... Read More →
NGX dividend stocks: 4 qualification dates to watch as PZ offers N2.50
Four companies listed on the Nigerian Exchange have dividend qualification dates scheduled across September and October 2026, giving eligible shareholders the opportunity to receive payouts from the companies before the year ends. This is according to corporate disclosures filed with... Read More →
SEC proposes N3 billion minimum capital for forex brokers, N5 billion for trading platforms
The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for online forex trading and Contracts for Difference (CFDs), setting minimum capital requirements of up to N5 billion for operators seeking to participate in Nigeria’s retail forex market.... Read More →
Best performing stocks for the month of August 2026
Nigerian equities closed August 2026 on a mixed note, with the benchmark NGX All-Share Index (ASI) declining 0.44% over the month, even as a strong finish on the final trading day largely driven by banking and consumer goods sector gains... Read More →
BREAKING: Tony Elumelu’s stake in Seplat now worth $1.28 billion
The Chairman of Heirs Group, Mr. Tony O. Elumelu’s stake in Seplat Energy Plc, held indirectly through Heirs Energies Ltd and Heirs Holdings Ltd, is now worth approximately $1.28 billion. This latest valuation is based on Seplat’s Tuesday, September 1,... Read More →
Nigerian equities extend rally as ASI crosses 246,000 points, gain N1.22 trillion
The Nigerian equities market sustained its bullish momentum on Tuesday, September 1, 2026, with the benchmark NGX All-Share Index (ASI) rising above the 246,000-point mark once again since August 11 when it closed at 246,723.57 points, extending gains from the... Read More →









