A buyback, also known as a share repurchase, occurs when a company buys its own outstanding shares to reduce the number of shares available on the open market. Companies buy back shares for a number o...
The Nigerian Securities and Exchange Commission (SEC) has released a new set of rules for warehousing and collateral management, setting 50 million naira as the minimum paid-up capital.According to th...
Yesterday, the total value of all quoted equities in the Nigerian stock market crossed a threshold of N40 trillion.With its 10th consecutive weekly gain, the market capitalization opened at N39.657 tr...
Nigerian Breweries, which is Nigeria's biggest beer manufacturer, has recorded a profit of 39 percent which was fuelled by a significant rise in beer sales during the months of January to March. The c...
Beverage and Food Sectors Dominate NGX with Combined Market Cap of N10.84tnDetailed Breakdown of Market ActivityMarket Overview• A total of 17 companies across diverse sectors contributed to a combi...
Nigerian industrialist and richest man in Africa, Aliko Dangote became $4.3 billion richer in 2019 as his fortune continued to grow following investments in cement, flour and sugar. According to Bloom...
Nigerian fintech, Tingo valued at over $6 billion on U.S. OTC seeks new $500 million funding All about Tingo: Tingo is an Agri-Fintech company that uses smartphones (GSM technology) to power a ...
The Swoot is a combination market capitalization of stocks worth over one trillion on the Nigerian Stock Exchange.The joint market capitalization of stocks worth over a trillion (SWOOT) appreci...
Cadbury Nigeria announced that it would seek shareholders approval before it moves to convert an outstanding intercompany loan of $7.718 million that Cadbury Schweppes Overseas Limited owes into equit...
One way you can build income is by making a suitable investment. Thanks to technology, investing is closer to our doorsteps than in the past, when if you didn’t go to traditional banks, you wouldn�...