FBNH, GTCO join NGX banking index
The Nigerian Exchange Limited reviewed the indexes and added some banking stocks to the Banking Index, including FBN Holdings, Guaranty Trust Holding…
Business
Equity investors make N666bn on first trading day
The Nigerian Exchange Limited’s market capitalization increased by 1.63 percent on Tuesday, the first day of trading in the New Year, adding…
Zuckerberg now richer than Buffett with $7bn – Report
The Forbes Billionaire Index shows that Meta’s founder, Mark Zuckerberg, has surpassed the famed businessman Warren Buffett in terms of wealth by…
Polo Luxury promotes Rolex brand in Nigeria
A luxury goods company, Polo Luxury, has stated that it is happy to be developing the Rolex brand in Nigeria in a way that…
Firm provides training support to SMEs
Stage Africa Media & Advisory has established Small Business Saturday, an initiative to empower and support entrepreneurs across Nigeria. The PUNCH reported…
Airtel Africa CEO Ogunsanya retires, names Taldar successor
Airtel Africa stated on Tuesday that Chief Executive Officer Olusegun ‘Segun’ Ogunsanya will retire on July 1, 2024, and has thus, appointed Sunil…
Investors pump N198tn into fixed-income market
Investment in the Fixed Income and Currency market resisted the country’s prevalent economic climate in 2023, with investors splashing N196.79tn on short…
FCMB Capital Markets receives award for corporate bonds
The Nigerian Exchange Limited has named FCMB Capital Markets Limited, an affiliate of FCMB Group Plc’s Investment Banking division, the ‘Issuing House…
Higher private sector engagement will boost equity market – Operators
Some capital market participants believe that the 2024 Appropriation Bill’s substantial dependence on the private sector for development projects will fuel a…
Delta fixes annual tax returns deadline for March
Delta State employers and self-employed persons have been allowed until January 31, and March 31, 2024, respectively, to voluntarily file their yearly…
How inflation, forex crisis may affect consumer goods industry – Report
Persistent inflation and currency issues are expected to have an impact on the fourth-quarter financial results of enterprises operating in the consumer…
Nigeria’s second-richest man’s wealth drops $2.5bn in 2023
Nigerian billionaire and businessman, Abdulsamad Rabiu, has suffered a significant blow in 2023 with his net worth dropping by $2.5 billion in…