Business

NGX Investors Gain N374 Billion as Market Capitalisation Hits N163.06 Trillion

NGX Investors Gain N374 Billion as Market Capitalisation Hits N163.06 Trillion

Investors gained approximately N374 billion on the Nigerian Exchange (NGX) on Wednesday as sustained buying lifted equity market capitalisation above…
Airtel Money Moves Ahead With London IPO, Targets Up to $9bn Valuation

Airtel Money Moves Ahead With London IPO, Targets Up to $9bn Valuation

Airtel Africa Plc has moved forward with plans to separately list its mobile money business, Airtel Money, on the London…
CMFC Rallies 21% in Two Sessions as Stock Extends September Advance

CMFC Rallies 21% in Two Sessions as Stock Extends September Advance

Critical Minerals Financing Corporation (CMFC) has gained more than 20 percent in the first two trading sessions of the week…
Nigeria’s Foreign Reserves Hit 18-Year High of $55.25 Billion

Nigeria’s Foreign Reserves Hit 18-Year High of $55.25 Billion

Nigeria’s gross external reserves climbed to $55.25 billion as of September 18, 2026, the highest level recorded in 18 years,…
Haldane McCall Sheds 17% in Two Days as Selling Pressure Deepens

Haldane McCall Sheds 17% in Two Days as Selling Pressure Deepens

Haldane McCall Plc has lost nearly 17 percent of its market value in two trading sessions on the Nigerian Exchange…
Black Market Dollar to Naira Exchange Rate for Today, Wednesday, September 23, 2026

Black Market Dollar to Naira Exchange Rate for Today, Wednesday, September 23, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, recorded a slight improvement…
NGX Investors Gain N297 Billion as Market Capitalisation Rises to N162.68 Trillion

NGX Investors Gain N297 Billion as Market Capitalisation Rises to N162.68 Trillion

Investors gained approximately N297 billion on the Nigerian Exchange (NGX) on Tuesday, September 22, as sustained buying lifted market capitalisation…
Omatek, NASCON, SUNU Assurance Hit 10% Limit as NGX Extends Rally

Omatek, NASCON, SUNU Assurance Hit 10% Limit as NGX Extends Rally

Omatek Ventures Plc, NASCON Allied Industries Plc and SUNU Assurance Nigeria Plc were among four stocks that appreciated by 10…
Online Forex Brokers Face N3bn Capital Requirement Under New SEC Rules

Online Forex Brokers Face N3bn Capital Requirement Under New SEC Rules

Online foreign exchange brokers operating in Nigeria could be required to maintain billions of naira in capital under a new…
Black Market Dollar to Naira Exchange Rate for Today, Tuesday, September 22, 2026

Black Market Dollar to Naira Exchange Rate for Today, Tuesday, September 22, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Tuesday,…
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