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The richest female shareholders on the Nigerian Stock Market 2025 Q1 

This article features the richest women on the Nigerian Stock Exchange as of Q1 2025  based on direct and indirect shareholdings and the prevailing market prices as of March 28, 2025.  The post The...

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Haldane McCall’s Group MD, Edward Akinlade, sells 11.5 million ordinary...

Haldane McCall Plc has announced the sale of 11,500,000 shares worth N60 million by its Group Managing Director, Dr. Edward Akinlade.  This information was communicated in a director’s dealings...

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Geregu Power reports N13 billion profit in Q1 2025, posts N31.7 billion revenue 

Geregu Power Plc has published its interim financial statements for the first quarter ended March 31, 2025, reporting a pre-tax profit of N13.01 billion.  The post Geregu Power reports N13 billion...

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Weekly Market Wrap: All-Share Index dips 0.90% as VFD GROUP and UNION DICON...

The Nigerian All-Share Index closed the week ended April 11, 2025, on a negative note, declining by 948.55 points as several large-cap stocks within the premium index ended the week in the red.   This...

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BINANCE: Court admits FIRS documents allegedly confirming cryptocurrency...

The Federal High Court in Abuja has admitted documents from the Federal Inland Revenue Service (FIRS) allegedly confirming its probe and report on Binance’s volume of financial transactions related to...

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Mantra’s OM token plunges 90% in 24 hours, raising concerns across crypto space 

The cryptocurrency world was rocked when the OM token, issued by Mantra DAO, suffered a catastrophic 90% decline in value within a single day.   The post Mantra’s OM token plunges 90% in 24 hours,...

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Nigerian Exchange Group approves N2 dividend and Audited statements, reveals...

Nigerian Exchange Group Plc has announced the approval of a final dividend of N2 per ordinary share of 50 kobo each for its registered shareholders.   The post Nigerian Exchange Group approves N2...

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All-Share dips 0.03% despite increased market volume; ZENITHBANK and GTCO...

The Nigerian All-Share Index closed the trading day on April 14, 2025, in the red, slipping by 33.72 points to 104,529.62.   The post All-Share dips 0.03% despite increased market volume; ZENITHBANK...

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Exchange rate appreciates as Naira closes at N1,599/$1 at official market 

The Naira appreciated against the US dollar on Monday, closing at N1,599.00/$1 in the official market.  The post Exchange rate appreciates as Naira closes at N1,599/$1 at official market  appeared...

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Naira trades at N1,600 borderline, Dollar index hits lowest level since 2022

The Nigerian currency posted marginal gains in the country’s foreign exchange market, while the U.S. Dollar Index fell to its lowest level since 2022. The post Naira trades at N1,600 borderline, Dollar...

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Dangote, MTN, BUA, Nestlé Nigeria, Seplat , others incur N1.42 trillion in...

Nigerian companies faced financial pressure in 2024 as surging interest expenses, driven by the Central Bank of Nigeria’s (CBN) sustained monetary tightening, squeezed their bottom lines.   The post...

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Berger Paints declares Final Dividend of 100 kobo for registered members 

Berger Paints Nigeria Plc has declared a final dividend of 100 kobo per 50 kobo ordinary share, payable to shareholders listed in the register of members as of the close of business on April 24, 2025....

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Why it is better to buy bonds in this turbulent economy

Experts have recommended bonds as a stable investment option in Nigeria, highlighting their capacity to deliver consistent returns despite the country’s ongoing macroeconomic challenges. The post Why...

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Double-digit yield: Top Banking stocks to consider for the rest of 2025 

As the Nigerian market continues to navigate through uncertainties, one strategy that is worth considering is investing in dividend-paying stocks.   The post Double-digit yield: Top Banking stocks to...

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ZK Token suffers 17% crash in wake of $5 million airdrop exploit 

The cryptocurrency market witnessed significant turmoil as the ZK token plummeted by 17% within just 30 minutes following a hacking incident.   The post ZK Token suffers 17% crash in wake of $5 million...

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Nigerian stock market steady as All-Share Index rises 0.03%, ABBEYBDS and...

The Nigerian All-Share Index concluded the trading day on April 15, 2025, with a modest increase of 30.40 points, elevating to 104,560.02.   The post Nigerian stock market steady as All-Share Index...

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Access Holdings reports N867.019 billion profit before tax for FY 2024

Access Holdings Plc has released its 2024 full-year audited accounts, reporting a pre-tax profit of N867.019 billion, up from N729.001 billion a year earlier.   The post Access Holdings reports...

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CBEX collapse sparks calls for stronger government regulation in digital...

The recent collapse of digital asset trading platform CBEX has reignited urgent calls for stricter government regulation and enforcement.   The post CBEX collapse sparks calls for stronger government...

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Exchange rate depreciates to N1,604/$1 in official market 

The Nigerian naira declined against the U.S. dollar at the official market, closing at N1,604.00/$1 on Tuesday, down from N1,599.00/$1 on Monday.  The post Exchange rate depreciates to N1,604/$1 in...

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N1 million investment in Nigeria penny stocks: A smart gamble for retail...

This article explores how a N1 million investment performed in just three months across selected Nigerian penny stocks:  The post N1 million investment in Nigeria penny stocks: A smart gamble for...

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