News
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Uproar In Abuja As Minister, Nyesom Wike Orders Task Force To Destroy 500 Impounded Commercial Motorcycles
Wike had last week ordered that the commercial motorcyclists and Keke NAPEP operators be taken off Abuja roads. No fewer…
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Ardova Plc Announces Significant Leadership Change.
As Adeosun resigns as MD/CEO Ardova Plc, a prominent Nigerian integrated energy company listed on the NGX, has announced…
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Oil Prices Set for Another Weekly Gain, as Gabon Coup Throws Market in a Brief Bull Run
Several global factors are pushing oil prices towards an upward trajectory this week. The political tension in Gabon, fuelled by…
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New Artificial Intelligence (AI) Opportunities Emerge in Nigeria
Generative artificial intelligence (AI) has seen substantial capital inflows in H1 2023, amounting to US$15bn inclusive of OpenAI’s US$10bn investment.…
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Local Seed Firms Run into Difficulty on the Back of FX Challenges
FX liberalisation by President Bola Tinubu has affected Nigerian businesses across the board. Africa’s largest economy depends heavily on imported…
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Dangote Sugar Refinery Plc (DSR) Announces Merger With NASCON and Dangote Rice Ltd (DRL).
Dangote Sugar Refinery Plc (DSR) has notified the Exchange and the investing public that its merging entities have agreed to…
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Gains in the Consumer Goods Sector largely supported by the upticks in NASCON and DANGSUGAR.
The recent gains registered in the consumer goods sector on the listed equity market have been largely supported by the…
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Gabon’s Dollar-Denominated Bond Takes a Tumble Following Military Takeover
Gabon’s military coup sparked aggressive selloffs in its dollar-denominated bonds on Wednesday. The bond maturing in 2025 had the biggest…
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Insecurity Hurts Revenue on Abuja-Kaduna Rail Route as Lagos Blue Line Set to Commence Operations
The Nigeria Railway Corporation has continued to witness a significant decline in the monthly revenue generated from train services on…
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SEC seals Stockmatch offices over illegal investment activities
The Securities and Exchange Commission (SEC), on Tuesday, sealed the premises of Stockmatch Investments Ltd in Maiduguri, Borno State for…
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