Ten Banks Contribute N987bn in Taxes to FG   Ten commercial banks in Nigeria paid a combined N987.40bn in corporate income tax to the Federal Government in the 2024 financial year. This sum was disclosed in the banks’ consolidated and separate financial statements for the year ended...

Nneka Onyeali-Ikpe, the Managing Director and CEO of Fidelity Bank Plc, has acquired a total 15 million shares of the bank in a transaction worth N239.4 million.  

Stock Rebounds As Market Capitalisation Rises By N180bn   The market capitalisation of the Nigerian Exchange NGX closed trading on Tuesday with a gain of N180 billion to close at N27 544 trillion against N27 364 trillion posted on Wednesday halting five days of consecutive losses...

NGX Resumes December Bearish With N410bn Loss     Following losses suffered by many blue-chip stocks, especially MTN Nigeria and African Prudential, the Nigerian equities market resumed trading for the month of December on a negative note yesterday, as market capitalisation declined by N410 billion. In summary, the...

Stock Market Records N290bn Weekly Gain       The Nigerian stock market gained N290bn at the end of trading last week as the All-Share Index of the Nigerian Exchange Limited rose by 1.48 per cent to 38,212.01 basis points. The market capitalisation increased to N19.92tn on Friday from...

Minister Pushes For Increased Citizen Trading In The Capital Market       The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has urged the Nigeria Exchange Limited to aid ordinary citizens in participating actively in the capital market. According to a statement from the NGX, Ahmed,...