News and analysis from Nigeria’s equities market
Return on Equity: Most profitable companies in Nigeria as of September 2023
UBA’s impressive ROAE reflects profitability, efficiency, and boosts investor confidence
MeCure and VFD Group shine with 9% gains each as NGX closes week flat
Seplat will pay Naira dividends at an exchange rate of N996.75/$
“Retail participation in the equity market increased to 35% in September”-NGX
Bharti Overseas Pvt Ltd increases voting rights in Airtel Africa to 12.58%
PZ Cussons Nigeria Plc raises takeover offer to N23 Per Share amid shareholder discontent
FCMB Completes N26 Billion Bond Raise at 16%pa Interest Rate
NGX fights back huge selloffs to maintain bullish run, as ASI appreciates by 0.07%
FGN Treasury Bills oversubscribed by 182.4%, subscriptions hit N875.8 billion
SEC approves Royal Exchange Plc’s proposed right issue of 4.116 billion ordinary shares