Dangote Refinery IPO attracts N1.5trn in subscriptions within six hours as massive investor demand overwhelms some fintech platforms across Nigeria.
Dangote Refinery IPO attracts N1.5trn in subscriptions within six hours as massive investor demand overwhelms some fintech platforms across Nigeria.
About three Nigerian firms, MTN Nigeria, Fidelity Bank, and BUA Foods, witnessed huge profits in the three months of this year which astounded their investors.
In a landmark deal valued at N32bn, Nigerian billionaires Femi Otedola and Tony Elumelu have reached an agreement that has ended the power tussle for Transcorp.
There is a chess game ongoing between two charismatic Nigerian billionaires, Femi Otedola and Tony Elumelu, over who takes control of Transnational Corporation.
The list of Nigeria's most valuable companies, based on data from the Nigerian Stock Exchange after the first quarter of 2023, two commercial banks make it.
Nigerian stock investors eagerly anticipate the month of April every year, as many of the 157 companies listed on the Exchange begin to announce their results.
About four Nigerian Banks and 12 quoted companies have been sanctioned about 16 companies, including four banks for multiple infractions, violations in 3 years.
MTN Nigeria has succeeded in securing about N125 billion in Commercial Paper issuance, which it says the loan would be used to fund operations in the short term
Africa's Richest man, Aliko Dangote, became N73.2bn richer as his cement company announced a shares buy-back programme that will last for another 12 months.
Dangote Cement is leading the pack of cement companies with the most profits in 2022. BUA Cement and Lafarge also trail behind with considerable profits in 2022
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