A powerful minister in Tinubu’s cabinet has been told to resign immediately amid claims of “divided loyalty,” adding a new twist to the insecurity issue.
SEC Warns Nigerians That Glorious Wealth Fund Is Unregistered and Urges the Public to Avoid the Platform and Verify Investment Companies Through Its Portal.
The Nigerian stock market closed higher on Thursday, gaining over N270bn as the ASI rose 0.31%, while Unity Bank shares crashed to a 52-week low.
The Nigerian Exchange closed negative as banking, oil and gas stocks dragged markets, despite CBN interest rate cut, with Dangote Sugar leading gainers.
BUA Foods, controlled by billionaire Abdul Samad Rabiu, hit N11.3 trillion valuation three years after listing, overtaking others as Nigeria’s most valuable firm.
The Nigerian exchange has closed weaker by 0.29% as profit-taking dragged sentiment, with 43 losers, 11 gainers, and ₦265bn erased from investors stocks.
A real estate development company, Gtext Homes, has unveiled an ambitious plan for a Guinness World Record after announcing SEC licensing in Nigeria.
The Nigerian stock market continued its strong performance as Guinness Nigeria, Eunisell, and others gained, with Access Holdings leading active trades.
Sterling Financial Holdings Company Plc has announced a N88 billion public offer, inviting Nigerians to buy 12.58 billion shares approved by shareholders.
The Nigerian stock market rebounded as investors gained over N300 billion led by Abbey Mortgage Bank Plc, Fidelity Bank Plc, United Bank for Africa Plc.
The Nigerian stock market opened the week bullish, as investors gained over N700 billion, driven by eTranzact, LivingTrust, Regal Insurance, despite notable losers.
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