Tuesday, July 28, 2026
Dangote sells 2.3% stake in Dangote Cement for N86.1bn at 5.5% discount to foreign interest
Africa's richest man, Aliko Dangote, has sold 2.3 percent stake in Dangote Cement to foreign buyers in a stock market...
Read moreDetailsDangote Cement, Sugar, Stanbic, Nestle lift Nigeria equities as index rebound 2.5%
The Nigerian equities rebound from a 2-day downtrend Tuesday, with all-share index appreciating 2.5 percent to close at 36,720.62 points,...
Read moreDetailsLagos alone contributes 55% of Nigeria VAT collections but receives less on few number of councils
Kemi Adeosun, minister for finance, says more than half of Nigeria’s value added tax (VAT) comes from Lagos state alone....
Read moreDetailsNigeria’s economy seen coming out of recession as manufacturing index expand for the fourth consecutive month
The manufacturing purchasing managers’ index (PMI), an indicator of the economic health of the manufacturing sector increased to 54.1 index...
Read moreDetailsOutlook for Nigerian stocks positive on improved economic data, earnings expectations
Despite a 2.8 percent drop in value of Nigerian stocks Monday, market analysts still see strong outlook for equities based...
Read moreDetailsAffordability seen a barrier to Internet access in Nigeria
Nigerians’ access to the Internet has been plagued by affordability, just as awareness and use of zero rating remains low...
Read moreDetailsGlobal shift in transportation takes root as electric car ownership grows 120% annually in last 2yrs
The switch from horses to automobiles in the 20th century paved the way for the rise of oil-based transportation and...
Read moreDetailsNigeria stocks bow to profit taking as benchmark index drop 2.8%
Nigeria’s equities market closed negative Monday, the first trading session of the week as the benchmark index dipped 2.8 percent...
Read moreDetailsNigeria pension contributors to reap big as bourse pension index gains 54% year-to-date
Pension contributors are in for a big harvest this year as data from the Nigerian Stock Exchange (NSE) indicate that...
Read moreDetailsNigeria, Africa billionaires now invest more in collectables, commodities, private equities
Africa's, including Nigeria's, high net worth individuals (HNWI), made up of billionaires and multi-millionaires, are now embracing a new fancy...
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