Capital Market

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Nigerian companies turn to commercial papers, raise N1.61trn amid high rates

In a year when borrowing costs climbed to their highest levels in recent memory,...

Rising investor interest in First Holdco lifts shares back to pre-selloff levels

WHEN trading opened on the Nigerian Exchange (NGX) on February 4, demand for First...
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Union Dicon, Austinlaz, RT Briscoe drive stock market’s N332bn gain

RENEWED buying interest in Union Dicon Salt, Austinlaz, Industrial and Medical Gases, Zichis Agro...

How UAC sold Eurobond assets to fund CHI Limited acquisition

UAC of Nigeria Plc, a fast-moving consumer goods (FMCG) company, sold its Eurobond assets...
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Boost for investors as Coronation Infrastructure Fund proposes N9.11 per unit semi-annual income

INVESTORS of Coronation Infstructure Fund (CIF), an actively managed closed-end debt fund that focuses...

25 Nigerian stocks analysts are recommending for 2026

THERE are several stocks analysts are recommending in 2026. These stocks range from AIICO...
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Economist: Dangote NGX listing could lift market cap above N200trn

Chief Executive Officer of Financial Derivatives Company, Mr Bismarck Rewane, has forecast that the...

Otedola raises First Bank stake to 17.6%, tightens grip on Nigeria’s oldest lender

First Bank or FirstHoldco Chairman, Mr Femi Otedola, on Thursday, acquired additional 369,986,122 shares...
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