NGX

Dangote IPO demand overwhelms Nigerian fintech platforms

Nigeria’s fintech infrastructure came under pressure this week as retail investors rushed to buy...

Geregu Power bond default: What it means for Nigeria’s capital market

There is a particular kind of shock that travels fast through financial markets -...

Emerald HoldCo launches mandatory takeover bid for Beta Glass

Emerald HoldCo B.V. has launched a mandatory takeover offer to acquire up to 11.74...

BUA Foods proposes ₦28 dividend ahead of July AGM

BUA Foods Plc has proposed a dividend payout of ₦28 per share to shareholders...

Dangote announces September date for refinery IPO

Aliko Dangote has announced that the initial public offering (IPO) of Dangote Refinery is...

PenCom waives rule to allow pension fund investment in Dangote Refinery IPO

Nigeria’s pension regulator has granted pension fund administrators special approval to invest in the...

Zichis CEO sells ₦183 million shares after over 2,000% stock surge

The managing director and chief executive officer of Zichis Agro Allied Industries Plc, Anthonia...

Dangote targets up to $50bn valuation for refinery IPO

Aliko Dangote is seeking a valuation of up to $50 billion for his flagship...

Cadbury Nigeria’s inventory builds up as profit, exports fall

Cadbury Nigeria Plc reported a sharp build-up in inventory in the first quarter, a...

Nigeria stock exchange NGX extends daily trading time by two hours

Nigeria’s main stock exchange is lengthening its trading day, in a shift aimed at...