Business
Stock market losses N1.9trn to profit-taking
•Analysts finger Dangote Refinery IPO By Peter Egwuatu The Nigerian equities market reversed bullish trend last week, as N1.9 trillion was lost to widespread profit-taking across major stocks. The market
Manufacturers’ unsold goods rise to N1.7trn
***As cost of operations rises ***Dangote Cement, UACN lead inventory build-up ***Financial experts give more insight, proffer way out By Peter Egwuatu Manufacturing companies across sectors listed on the Nigerian
Banks, Insurers, Others List N2.7tn Shares on NGX Amid Recapitalisation
Kayode Tokede Following the conclusion of the banking/insurance sectors recapitalisation exercise, among other sectors raising fresh capital, the overall corporate listings on the Nigerian Exchange Limited (NGX) so far in 2026 stood
UBA Foundation Raises National Essay Competition Winning Prizes to N41.5m
UBA Foundation, the Corporate Social Responsibility arm of United Bank for Africa (UBA) Plc, has announced the commencement of the 2026 edition of its annual National Essay Competition (NEC), with
NAICOM: Insurance Sector Raised Additional N1.079tn During Recapitalisation Exercise
Ebere Nwoji The National Insurance Commission (NAICOM), has said that the insurance sector raised a total of N1.079 trillion during the recently concluded recapitalisation exercise. The Commissioner for Insurance, Mr
Minister Reviews Industrial Reforms, Weighs in on Slow Manufacturing Growth
Omolabake Fasogbon The Minister of State for Industry, Senator John Owan Enoh has said that the Nigerian Industrial Policy (NIP) is measuring up to set objectives, just as he officially
NCC Opens Free Digital Learning Pathways with Zero-rated Data Access
Emma Okonji The Nigerian Communications Commission (NCC) has launched the Zero-rated Data Access to Educational Platforms and Content initiative to expand access to learning resources, bridge educational inequalities and support
CIS, ASHON Urge Nigerians to Participate in Dangote Refinery IPO
Kayode Tokede The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have welcomed the initial public offering of Dangote Petroleum Refinery and Petrochemicals
Fadahunsi: Nigeria’s Capital Market Needs More Depth, Trust, Awareness
The Managing Director/Chief Executive Officer, AVA Capital Plc, Mr. Kayode Fadahunsi, in this conversation with Kayode Tokede, stresses that Nigerian capital needs greater depth, emphasising that trust is one of
Management of Nigerian Economy: Staying the Course but Pausing to Reflect
Hafiz Bakare The Nigerian Government has taken a number of policy decisions in the last 18 months, mainly fuel subsidy removal and floating/unification of the exchange rate, with subsequent dire
