News and analysis from Nigeria’s equities market
Transcorp Power to list on the NGX at a N1.8 trillion market cap
MTN Nigeria incurs N740 billion in forex losses, shareholders funds wiped out
Lafarge Africa reports N51.1 billion profits despite incurring N21 billion in FX losses
BUA Cement 2023 profit declines 31% to N69.45 billon due to FX losses
GTB, UBA lead stock market rebound as investors reassess MPR outcomes
The continuous hike in MPR: Implications for the stock market
Market rebounds as N390 billion recovery wipes out bearish sentiment on NGX
Seplat Energy reports 83% growth in 2023 PAT
Uber CEO granted $136 million in shares after surpassing $120 billion valuation target
Equity investors lose N700 billion, a day after MPC interest rate hike
Nestle Nigeria reports N104 billion loss in 2023, shareholders funds wiped out