BUA Cement’s 2024 earnings call: Key takeaways
BUA Cement held its earnings call for the 2024 financial year on March 13, 2025, sharing insights into its performance, cost pressures, and strategies for managing forex exposure. The company delivered...
View ArticleExperts predict how the industrial goods sector will perform in Q2 2025
In this article, experts spoke about how the industrial goods sector will perform in Q2 2025. The post Experts predict how the industrial goods sector will perform in Q2 2025 appeared first on...
View ArticleGold crosses $3k for the first time amid trade tensions and rate cut...
Gold has surged past the significant psychological milestone of $3,000 per ounce for the first time on Friday, continuing its historic rally fueled by trade tensions and U.S. interest rate cut...
View ArticleBest performing pension funds in Nigeria for February 2025
The Nigerian pension industry witnessed varied performances across different Retirement Savings Account (RSA) funds in February 2025. The post Best performing pension funds in Nigeria for February...
View ArticleAll-Share declines for third consecutive week, down 0.55%; insurance and...
The Nigerian All-Share Index fell by 583.47 points to close at 105,955.13 in the second week of March 2025, despite slight gains in the insurance and consumer goods sectors. The post All-Share declines...
View ArticlePenCom grants PFAs autonomy to approve retirement benefits, mandates two-day...
The National Pension Commission (PenCom) has issued a new directive that grants Pension Fund Administrators (PFAs) the full authority to approve and process several categories of retirement benefits...
View ArticlePZ Cussons’ debt-to-equity conversion proposal fails to meet voting threshold...
PZ Cussons Nigeria has announced that minority shareholders voted against the conversion of $34.26 million debt owed to its parent company, PZ Cussons Holdings, into equity. The post PZ Cussons’...
View ArticleXRP: Ripple settlement with SEC best option
Attorney Jeremy Hogan believes a private settlement between the U.S Securities and Exchange Commission and Ripple could end the legal battle, eliminate the appeals process, prevent further delays, and...
View ArticleAIICO’s 2024 profit growth masks a claims-driven underwriting crisis
AIICO Insurance reported impressive profit growth in 2024, but a closer look reveals deep challenges in its core business. The company’s underwriting performance struggled due to rising claims and...
View ArticleGhana’s President, John Mahama endorses Solana as tool for Africa’s fintech...
Ghana’s President, John Dramani Mahama, has endorsed Solana cryptocurrency as a transformative tool for Africa’s fintech development, emphasizing its potential to drive financial inclusion and...
View ArticleSEC reveals recent suspension, set to publish names of errant operators in...
The Securities and Exchange Commission (SEC) has announced that it will publish the names of Capital Market Operators who violate market regulations in its “name and shame” journal. The post SEC...
View ArticleKPMG urges Nigerian banks to embrace blockchain and partner with crypto firms
KPMG has called on Nigerian financial institutions to integrate blockchain technology and form partnerships with cryptocurrency firms, moving beyond cautious approaches to harness the opportunities of...
View ArticleLivestock Feeds shares climb over 27% so far in March 2025, ascends to N9.50
Shares of Livestock Feeds Plc have jumped by 27.9% month-to-date so far in March 2025, climbing from an opening price of N7.43 to N9.50. The post Livestock Feeds shares climb over 27% so far in March...
View ArticleAll-Share Index dips 0.19% as ACADEMY and NEIMETH shine; JAIZBANK leads in...
On March 17, 2025, the Nigerian market closed in the red, dropping 196.15 points to settle at 105,799.17. This decline translates to a 0.19% decrease from the previous day’s closing value of...
View ArticleMicrosoft warns crypto users of StilachiRAT malware targeting wallets
Microsoft has alerted users to a newly identified malware, StilachiRAT, which targets cryptocurrency wallets and collects sensitive browser information, including data from Google Chrome. The post...
View ArticleIHS Holding reports Q4 pre-tax profit of $236 million, full-year loss at...
IHS Holding Ltd. (IHS) has reported a pre-tax profit of $236.35 million in its fourth quarter of 2024, a significant turnaround from the pre-tax loss of $438.41 million recorded in the same period last...
View ArticleAll-Share Index dips 0.40% as BUACEMENT and ELLAHLAKES decline; ACCESSCORP...
The All-Share Index closed the trading day on 18th March 2025 in the red, falling by 423.48 points to settle at 105,375.69. This decline marks three consecutive days of losses, translating to a 0.40%...
View ArticleBitcoin surges past $82K as FOMC meeting sparks market anticipation
Bitcoin (BTC) remains steady above the $82,000 mark as markets await the outcome of the Federal Open Market Committee (FOMC) meeting. The post Bitcoin surges past $82K as FOMC meeting sparks market...
View ArticleNaira nudges lower in Nigerian FX Market, U.S. Fed meeting takes Spotlight
The Nigerian currency settled lower against the haven currency in the second trading session of the week amid high demand for the U.S. dollar in both the official and unofficial markets. The post Naira...
View ArticleNigerian Breweries Plc acquires remaining 20% stake in DWSN, hints at...
Nigerian Breweries Plc (NB) has communicated to the Nigerian Exchange and the investing public that it has acquired the remaining 20% shareholding in Distell Wines and Spirits Nigeria Limited (DWSN)....
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