Wednesday, May 13, 2026
Nigeria bourse in red as selloffs in banking, consumer goods stocks see bears return
By Charles Abuede 8bn taken from investors during profit booking activities Pockets of profit booking activities prevailed across top...
Read moreDetailsAfrican Alliance paid N967m in claims in first 40 days of 2021, MD reveals
By Zainab Iwayemi African Alliance Insurance Plc, the foremost indigenous Nigerian insurance brokerage firm has revealed that it paid...
Read moreDetailsUnilever Nigeria to complete tea business separation by end of 2021
By Charles Abuede Separation in line with global plan by parent firm Says separation will help it assess full...
Read moreDetailsShare illiquidity forcing Ellah Lakes’ majority owners to sell down 25%
By Charles Abuede Ellah Lakes’ major shareholders are to sell down 25 per cent of the shares they...
Read moreDetailsNigerian stock-fish dealers want access to foreign exchange
By Onome Amuge The Stock-fish Dealers Association has urged the federal government to grant stock-fish importers access to foreign...
Read moreDetailsPenCom’s AuM data signals investment shift favouring corporate debt, equities
By Charles Abuede Latest data from the National Pension Commission (PenCom), the pension industry regulator, showed that total assets...
Read moreDetailsNigeria still losing 200,000bpd crude daily as NNPC enlists army’s intervention
CDS pledges to galvanize military to protect oil assets Nigeria is still losing 200,000 barrels of...
Read moreDetailsPositive buying sentiments in large-cap stocks drive up market cap, gifting investors N29.5bn
By Charles Abuede The local equities market sustained its upbeat on Wednesday, helped by buying sentiments on large-cap stocks...
Read moreDetailsWike blames NDDC’s woeful performance on meddlesomeness by Presidency, NASS
Upper legislative chamber’s committee in PH for quango’s office inauguration Thursday They’re here to pack their share of the...
Read moreDetailsNigeria to sell 170MW electricity capacity to Togo from Calabar plant
To sell additional 100MW to Paradise City, Calabar Power part of Nigeria’s 3,742MW stranded power Nigeria is...
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