Business

Stock market extends bullish rally as investors gain N1.08trn

The Nigerian Exchange Limited (NGX) closed the week on a positive note as market capitalisation increased by N1.080 trillion, representing…

3 months ago

Naira trades N1,464/$ at official market

The naira ended the week weaker against the United States dollar on Friday, December 19, 2025, closing at N1,464.49 at…

3 months ago

Otedola buys another N14.8bn shares in First HoldCo, raises stake to 18%

The Chairman of First HoldCo Plc, Femi Otedola, has acquired additional shares worth N14.8 billion in the financial holding company.…

3 months ago

Nestle, Guinness, others lift stock market by N331bn

The Nigerian stock market closed bullish on Thursday, December 18, 2025, leading to N331 billion gains for investors. This marked…

3 months ago

Trump Media announces $6bn merger with fusion power company

Trump Media & Technology Group, the struggling company that owns the United States President's Truth Social platform, has announced a…

3 months ago

CBN Gov reassures U.S. investors on Nigeria’s economic reforms, stability

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reaffirmed Nigeria’s commitment to macroeconomic stability and…

3 months ago

Howard Hughes to buy Vantage for $2.1bn

Howard Hughes Holdings has agreed a deal to buy privately held specialty insurance firm Vantage Group Holdings for about $2.1…

3 months ago

Naira depreciates against dollar in official, parallel markets

The naira on Wednesday depreciated to N1,458.02 against the United States dollar in the Nigerian Foreign Exchange Market (NFEM) The…

3 months ago

Stock market extends bullish trend as investors gain N245bn

The Nigerian stock market sustained its positive momentum on Wednesday, December 17, 2025, with N245 billion gain in market capitalisation.…

3 months ago

Warner Bros rejects takeover bid from Paramount, considers Netflix offer

Warner Bros Discovery has rejected a takeover bid by Paramount in an attempt to hijack the offer by streaming giant…

3 months ago

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