Section

EQUITIES

News and analysis from Nigeria’s equities market

Stock Market 1 min
Nigerian Breweries loses N20.79 billion after today’s trading session
By Chidinma Anyalewechi
Manufacturing 1 min
Acquisition of majority stake in Honeywell Flour Mills followed due process – Flour Mills of Nigeria
By Chidi Emenike
Markets 1 min
Market sustains flat performance as capitalization declines further by N11.36 billion
By Chidinma Anyalewechi
Spotlight 1 min
Amidst acquisition drama, Honeywell investors make U-turn, sell-off shares
By Chidinma Anyalewechi

More Stories

Company Results

Sovereign Trust Insurance Plc grows PAT by 13% to N606 million in Q3 2021

Spotlight

Flour Mills of Nigeria will borrow to fund Honeywell acquisition

Stock Market

NGX closes flat as gainers subdue losers taking the market up by N596.41 million

Stock Market

Honeywell share price appreciates by 20.65% in two days following acquisition by Flour Mills

Public Offer & Right Issues

MTN Nigeria secures regulatory approval for its public offer, launches equity book-build to qualified investors

Spotlight

Honeywell rallies another 9.95% in Tuesday’s trading session

Stock Market

FBNH, GTCO trade large volumes as NGX market cap gains N31.76 billion

Manufacturing

Acquisition: Honeywell shares up 9.73%

Financial Services

Flour Mills and Honeywell owe CBN, FBNH, Bondholders combined N220 billion

Spotlight

Stocks worth over one trillion appreciate by 0.86% as Airtel investors gain N162.73 billion during the week