Boosted by FTSE Russell Reclassification, MTN, Others’ Market Value Up N93.6trn
Kayode Tokede Following FTSE Russell reclassification of Nigeria’s from unclassified to Frontier Market status in its interim review, the market valuation of MTN Nigeria Communications Plc Plc and 12 others
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Dangote Sugar shareholders approve N500bn Rights Issue for strategic expansion
By Udeme Akpan Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand capital base, accelerate strategic initiatives, and aid its backward integration projects. The approval was given at the company’s 20th Annual General Meeting held yesterday in Lagos during which […]
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Nigeria risks losing cargo to port of neighbouring countries — SEREC warns
By Godwin Oritse Nigeria Maritime risks losing cargo to ports in neighbouring countries due to persistent inefficiencies, the Sea Empowerment & Research Center (SEREC) has warned in a new policy advisory, highlighting mounting structural pressure in the maritime sector. Titled “Maritime Reform at a Crossroads: Data Signals, Export Concerns, and the Urgent Need for Execution Discipline,” […]
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Ghana government misses GH¢4.89b Treasury Bill target
The Ghana government fell short of its Treasury Bill target, raising GH¢4 billion against a goal of GH¢4.89 billion in the latest auction.
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Tinubu approves $75m investment in Flutterwave ahead of IPO
President Bola Tinubu has approved a $75 million investment into Flutterwave as plans are nearing completion for the company’s initial public offering (IPO).
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‘Elumelu effect’ drives Seplat to historic N10,000 – First NGX stock to cross barrier
Seplat closed trading on April 14, 2026, at N10,450 per share, representing a staggering 80 per cent gain since January and adding approximately N2.9 trillion in market capitalisation in just four months.
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