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Capital Market
Capital Market

Nigerian Equities Market Surges with N568 Billion Gain, Driven by Strong Performances from FTN Cocoa, Livestock Feed Plc, and Eterna Plc

On Wednesday, the Nigerian equities market delivered a robust performance, concluding the trading session with a remarkable gain of N568 billion in…

Asset Management Corporation of Nigeria Offloads Stake in Unity Bank to Providus Bank, Strengthening Merger Plans

In a significant development within Nigeria’s financial sector, the Asset Management Corporation of Nigeria (AMCON) has divested 34 percent of its …

Insurance Sector Poised to Lead Profit Growth on Nigerian Exchange in 2025

In a dynamic display of financial optimism, insurance companies listed on the Nigerian Exchange (NGX) are projected to dominate profit expectations…

Union Bank and Titan Trust Bank Finalize Merger, Strengthening Nigeria’s Banking Sector Amid Recapitalization Drive

In a landmark development for Nigeria’s financial services industry, Union Bank of Nigeria Plc, one of the country’s oldest and most established fi…

Nigerian Stock Market Experiences Slowdown as Transaction Value Declines by 25.8%

Lagos, Nigeria – The Nigerian stock market witnessed a notable slowdown in trading activity last week, with the total value of transactions declini…

Guaranty Trust Holding Company Bolsters Financial Stability with Recapitalization of Guaranty Trust Bank Limited

In a landmark move that underscores its commitment to financial resilience and growth, Guaranty Trust Holding Company (GTCO) has successfully compl…

Heirs Energies Limited Reaffirms Commitment to Energy Growth and Community Development in Nigeria

On Thursday, August 28, 2025, Heirs Energies Limited, a leading indigenous energy company in Nigeria, hosted a high-profile media briefing at its h…
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