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NGX ASI Gains Again, Crosses 68,000 Basis Points 

NGX ASI Gains Again, Crosses 68,000 Basis Points  The All-Share Index of the Nigerian Exchange Limited crossed the unprecedented level of 68,279.14 basis points barely a week after it broke a 15-year record set on March 5, 2008. The ASI rose by 1.11 per cent on...

Dangote, BUA, IHS Win SERAS CSR Awards

Dangote, BUA, IHS Win SERAS CSR Awards The Sustainability, Enterprise, and Responsibility Awards has announced Dangote Group, IHS Towers and BUA Group as the most responsible businesses in Africa at the 16th edition in Lagos recently. In a statement issued by the body, speaking to the...

Dangote-BUA Sugar Scarcity Feud

The two major sugar manufacturers in Nigeria are up in arms against each other as they throw accusations of wanting to create artificial scarcity of sugar. The two major sugar manufacturers in Nigeria are up in arms against each other as they throw accusations of...

36 Firms Delisted From Stock Market In Five Years

36 Firms Delisted From Stock Market In Five Years       A total of 36 companies have delisted from the Nigerian stock market between May 2016 and May 2021, even as five more are currently undergoing delisting process. The latest data collated from Nigerian Exchange Limited showed that...

Govts, Companies Raise N4.6trn From Capital Market In Five Months

Govts, Companies Raise N4.6trn From Capital Market In Five Months       Nigerian governments and companies have raised some N4.6 trillion in new capital from the capital market so far this year, already more than 100 per cent above the total capital raising recorded for the whole...

Five Firms Account For 70% Of Nigeria’s Stock Market Value

Five Firms Account For 70% Of Nigeria’s Stock Market Value       Dangote Cement Plc and four other companies accounted for about 69.59 per cent of the market capitalisation of equities on the Nigerian Exchange Limited as of the end of April. The other companies are MTN Nigeria...