Business

Nigerian Breweries market capitalisation hits N2.3trn as gross profit rises to N565bn

Nigerian Breweries Plc has announced that its market capitalisation grew by 135 per cent in 2025, rising from N991.5 billion…

4 weeks ago

Excessive interest rate hikes could derail economic reforms — Edun

Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has cautioned that aggressive interest rate increases could…

1 month ago

Nigeria’s inflation rate rises to 15.38%

The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate rose to 15.38 per cent in March…

1 month ago

IMF backs Nigeria’s bank recapitalisation, urges stronger fiscal buffers

The International Monetary Fund (IMF) has thrown its weight behind Nigeria’s ongoing bank recapitalisation programme, saying stronger capital buffers are…

1 month ago

Stanbic IBTC, Ecobank top gainers’ list as stock market investors gain N884bn

The Nigerian stock market closed on a bullish note on Tuesday, April 14, 2026, with investors recording a gain of…

1 month ago

Naira appreciates against dollar at official market

The naira appreciated at the official market on Tuesday, April 14, 2026, trading at N1,343.76 against the United States dollar.…

1 month ago

Guinness Nigeria hits N1trn market capitalisation on NGX, posts N10.39bn profit in Q1 2026

Guinness Nigeria Plc has surpassed the N1 trillion market capitalisation mark on the Nigerian Exchange Group (NGX). The current market…

1 month ago

Stock market investors gain N443bn amid strong buying interest

The Nigerian stock market began the week on a positive note, as investors gained N443 billion amid renewed buying interest…

1 month ago

Oil output drops to 1.51mbpd in February as NNPC remits N1.8trn

Crude oil and condensate fell to an average of 1.51 million barrels per day (mbpd) in February 2026, as the…

1 month ago

NGX investors gain N1.3trn in 4 days as market capitalisation hits N131trn

The Nigerian Exchange Limited (NGX) recorded gains, with the All-Share Index rising 1.03 per cent to 203,770.43 and market capitalisation…

1 month ago

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