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First HoldCo stock crosses ₦5trn market cap mark

Shares of First HoldCo Plc pushed above the N5 trillion market capitalization mark during midday trading on Wednesday, July 22, 2026, as investors continued to react positively to the group’s strong H1 2026 financial performance. The financial services group’s stock traded around the N112 to N113 range during intraday transactions on the Nigerian Exchange, extending […]

News

ECOWAS court orders Nigeria to probe military-era share seizure

The ECOWAS Court of Justice sitting in Abuja has ordered the Federal Government of Nigeria to investigate the 1978 seizure of shares belonging to a 94-year-old Nigerian businessman, Mr Kolawole Koiki, in the New Nigeria Salt Company Limited by the former military government. The regional court also awarded Mr Koiki the sum of ₦5 million […]

NGX halts trading of delisted-GSK shares
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NGX halts trading of delisted-GSK shares

The Nigerian Exchange Limited has halted trading on Glaxo SmithKline Consumer Nigeria Plc’s shares in anticipation of its eventual delisting from the Exchange. The Times reported that this information was contained in the Exchange’s weekly report. The suspension came after the Securities and Exchange Commission approved the Glaxo SmithKline Consumer Nigeria Plc Scheme of Arrangement between the […]

Jeff Bezos ex-wife Mackenzie Scott sells $10bn Amazon shares
Business

Jeff Bezos ex-wife Mackenzie Scott sells $10bn Amazon shares

The ex-wife of Amazon founder Jeff Bezos, MacKenzie Scott, sold about $10 billion in Amazon stock last year, marking a big financial move. The Times reported that Scott initially owned a large 4% of the company when her divorce was finalized. However, a recent regulatory filing shows that she sold 65.3 million shares of Amazon.com Inc. in […]

Google releases AI multisearch feature
News Tech

Google shares hack to prevent breach

In response to news of a password change-resistant attack being used by information-stealing hackers, Google has advised users of Gmail to switch the app off and on again. CloudSEK researcher Pavan Karthick M described how Google accounts may be compromised by taking advantage of an undocumented authentication endpoint that is used for cross-services synchronization in […]

How to buy shares in Nigeria 
Business

How to buy shares in Nigeria 

A share is used to describe part ownership of a company and to become a shareholder or a part owner of that company – you are buying a portion of the company’s assets and profits. The value of your shares can either go up or down as it is usually affected by the company’s performance, […]

Tengen Holdings Limited acquires 220m more units of Access Holdings shares
Business

Tengen Holdings Limited acquires 220m more units of Access Holdings shares

Tengen Holdings (Mauritius) Limited, a business connected to Access Holdings Plc’s Group Chief Executive, Dr. Herbert Wigwe, has purchased 220 million more shares in the company for N2.4 billion. Nairametrics reported that this notice was found in an insider’s notification of share dealing to the Nigerian Exchange Limited. A total of 220 million shares, or 0.62% […]

Business

How to buy shares in Nigeria 

What is a share?  A share is used to describe a part ownership of a company. This means you become a shareholder or a part owner of that company – you are buying a portion of the company’s assets and profits. The value of your shares can either go up or down as it is […]

Business

Dangote, BUA shares gain N400bn in three days

Dangote Cement Plc and BUA Cement Plc’s shares gained N400 billion in the first three days of November 2022 amidst the current stock market sell-off due to the build-up to the 2023 general elections and interest rate hikes. The leading cement manufacturer listed on the NGX’s industrial goods sub-sector, Dangote Cement Plc, led the way […]

News Oil and Gas

Court extends Oando’s minority share acquisition deadline

Oando Plc has been granted a 90-day court-ordered extension to create and file the Scheme of Arrangement Document for the acquisition of shareholders’ minority shareholding. This was contained in a statement released on Thursday which also revealed that Venus Construction Company Limited, one of Oando’s minority shareholders, had petitioned the court to order Ocean and […]

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