Nigeria, July 7 -- Emerald HoldCo B.V, the new majority owner of Beta Glass, has launched a mandatory takeover offer to acquire up to 11.74 million shares held by other shareholders of the glass conta... Read More
Nigeria, July 7 -- The Nigerian capital market's top watchdog, the Securities and Exchange Commission (SEC), has withdrawn the suspension it placed on BGL Securities Limited and BGL Asset Management i... Read More
Nigeria, July 6 -- Last week, Nigerian stocks fell by 1.2 per cent, marking its third week of broad retreat in the wake of the introduction of a T+1 settlement cycle in June. The Banking Index was wo... Read More
Nigeria, July 4 -- PZ Cussons Nigeria attributed its robust profit growth for the year ended 31 May 2026 to proceeds from asset disposal rather than to its regular sources of income that had shaped it... Read More
Nigeria, July 3 -- The Supreme Court of Nigeria on Friday dismissed a decision of the Court of Appeal ordering the seizure of FPSO Tamara Tokoni, a vessel containing crude oil pledged by oil-servicing... Read More
Nigeria, July 3 -- HGL Real Estate Limited, a company with no significant digital presence, linked to billionaire tycoon Oba Otudeko, has acquired a 14.1 per cent stake in Lagos-listed hospitality pro... Read More
Nigeria, June 30 -- Mounting costs across key expenditure categories set Universal Insurance up for a sharp slide in profit for last year, its management report released on Tuesday has shown. The non... Read More
Nigeria, June 29 -- For the second week running last week, Nigerian stocks retreated, in this case by 1.7 per cent, as sell pressure on industrial goods and oil & gas equities weighed on the benchmark... Read More
Nigeria, June 26 -- Cornerstone Insurance's profit for last year dropped by more than half, relative to 2024's level, hammered by an end to a windfall income that naira devaluation handed lenders and ... Read More
Nigeria, June 22 -- Last week, the Nigerian stock market witnessed one of its sharpest declines so far this year, depreciating by 3.6 per cent as sell-offs in bank stocks hammered the benchmark equity... Read More