Ambitious Transcorp Power lists at the Nigerian Exchange
Transnational Corporation Plc (Transcorp Group) has announced the listing of its subsidiary, Transcorp Power Plc (Transcorp Power or TP Plc) via listing by introduction on the Main Board of the…
Nigeria’s equity market rebounds, capitalisation gains N401bn
The nation’s bourse on Thursday rebounded with unprecedented profit, as the market capitalisation gained N401 billion or 0.99 per cent to close at N40.776 trillion, as against N40.375 trillion recorded…
MTN, journalists’ group, others win at NGX Made of Africa Awards
MTN Nigeria Communications Plc, VFD Group Plc, CardinalStone Securities and Chapel Hill Denham emerged winners at the Made of Africa Awards, organised by the Nigerian Exchange Ltd. (NGX). In his…
Transcorp goes bullish with N128bn Q3 revenue, hits 33% Year-on-Year Revenue Growth
Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in the Power, Hospitality, and Energy sectors has announced its financial results for the third quarter of the year…
CBN, SEC fine First Bank for multiple fraudulent dealings
The Central Bank of Nigeria (CBN) fined FBN Holdings subsidiary, First Bank of Nigeria Limited, N13.5 million for fraudulent dealings and other contraventions in 2022. First Bank of Nigeria (FBN)…
MTNN’s first public offer oversubscribed by 139.47%
Feb. 1, 2022 … Additional 86.25m shares activated MTN Nigeria Communications (MTNN) Plc has announced that its first public offer for sale of 575 million shares recorded an over subscription…
All you need to know about NGX market indices review: Incoming and exiting companies
January 4, 2022 The Nigerian Exchange (NGX) Ltd has announced the results of its full year market index review to enable investors follow market movements and manage investment portfolios. This…
Divestment: Titan Trust Bank acquires 89.39% stake in UBN
Dec. 23, 2021 Union Bank of Nigeria (UBN) Plc on Thursday announced a proposed divestment of majority shareholding interest in the bank to Titan Trust Bank Ltd. The UBN Company…
NGX goes bullish by N277bn on strength of MTN, Dangote Cement, others
December 14, 2021 Trading on the Nigerian stock market resumed the week with positive sentiments following renewed interest in MTN Nigeria Communications (MTNN). The market capitalisation inched higher to close…
Nigeria’s green bonds market hits $136m in 3 years – Osinbajo
Dec. 1, 2021 … Says Nigeria’s capital markets can advance globally with young people and technology With more room to redefine the exchange for international competitiveness and the largest concentration…