About 18 Nigerian companies have emerged as the most capitalised on the Nigerian Exchange Limited (NGX), crossing the $1 billion mark as of August 1.
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Tinubu's emergence boosts foreign transactions in stock market to N145bn in 6 months
Data shows the total amount of foreign transactions carried out by investors on the floor of the Nigerian Exchange Limited (NGX) increased to N145.08 billion,
Dangote, Elumelu’s wealth soars N3.2bn in one day as UBA shares skyrocket to highest level in 2023
Nigerian billionaires Tony Elumelu and Aliko Dangote collectively increased their wealth by over N3 billion, thanks to the increase in the share price of UBA.
Otedola, Odukale to battle again as First Bank moves to sell shares for additional capital
First Bank Holding Plc the parent company of First Bank of Nigeria is looking at raising additional capital meaning some of its shares will be on sale soon.
“He needs to check Otudeko”: Shareholders to vote to keep Otedola on First Bank board
First Bank has announced the appointment of Femi Otedola as non-executive director, subject to the approval of the bank's shareholders at AGM in August 15, 2023
Full list: GTbank becomes Nigeria’s most valuable bank after strong performance
The list of most valuable banks in Nigeria has been revealed and it is led this time by Guaranty Trust Holding Company (GTCO), the parent company of GTbank.
Tony Elumelu gains N3.3 billion in one day from the sale of UBA shares
Billionaire businessman and Chairman of UBA, Tony Elumelu has netted an impressive N3.3 billion from UBA shares to become one of the top investors on NGX..
Dangote Cement to acquire 168 million shares in share buyback program
Dangote Cement has carried out a share buyback program to acquire 168m of its own shares either from the open market or directly from existing shareholders.
Top First Bank investors, Otudeko, Otedola, Odukale lose N24 billion in one week as CBN imposes limits
The three top investors in First Bank Nigeria Holdings, Oba Otudeko, Femi Otedola and Tunde Hassan-Odukale have cumulatively lost over N24 billion in one week.
Naira devaluation draws foreign investors back to Nigeria's stock market
The recent devaluation of Nigeria's currency, the Naira has resulted in a resurgence of foreign investor interest in the country's now buoyant stock market.
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