Trading at a record high, BUA Foods Plc has once again captured the spotlight on the Nigerian Exchange (NGX), maintaining a strong bullish sentiment and momentum following a remarkable shareholder payout. The company announced its shareholders approved N13 dividend per share at the annual meeting, and this action resulted a spike in bargain hunting in…
The Nigerian Exchange Group (NGX), yesterday, said policy inconsistency, currency woes must be tackled to achieve the Federal Government’s proposed $1 trillion economy. Chairman of the Nigerian Exchange Group (formerly the Nigeria Stock Exchange) Dr Umaru Kwairanga made the call in Lagos. He said these were challenges that must be surmounted if that economic milestone…
Nigeria’s Securities and Exchange Commission (SEC) has reduced the time required for companies to secure approval to raise capital in the Nigerian capital market, cutting the process from over a year to just 14 days. This development aims to make the capital market more efficient and better positioned to support the growth and development of…
Airtel Africa’s total customer base grew by 7.9 per cent to 163.1 million while its data customer penetration continues to rise, with a 13.8 per cent increase in data customers to 71.4 million, according to its results for nine-month period ended 31 December 2024. According to the result, data usage per customer increased by 32.3…
Seplat Energy‘s revenue hits N1.07tr Nigerian independent energy major, Seplat Energy PLC, has grown its revenue in nine months to N1.071trillion from N478.1billion year-on-year with cash generated from its operations rising to N633.8billion from N213.8billion y-o-year. With double listing on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE), unveiled its unaudited results…
