Capital Market
Abdul Samad Rabiu purchases N3.8 billion BUA Cement shares, Dangote acquires 16O Million
Abdul Samad Rabiu, Chairman of BUA Cement has invested about N3.8 billion in a share buyback programme in the company to increase his ownership in the firm.
Ecobank grows profit by 18% to $308 million in 6 months, CEO explains financial performance
The Ecobank Group has reported a strong financial performance in the first six months of 2023 as the company rides on its diversified business model for growth.
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.
Capital Market
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