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Firm Assures Shareholders Of Long-term Sustainability
The board of Tantalizers Plc has assured shareholders that the company’s emerging growth trajectory was founded on strong operational foundations that would ensure sustainable long-term profitability and returns to investors. At the annual general meeting, the chairman, Tantalizers, Alhaji Adam Nuru, said the company’s rebound to profitability in 2025 was as
Dangote Refinery Symbol Of Africa’s Industrial Rise – LBS
The Dangote Refinery has been described as a project that marks Africa’s emergence as a major player in global industry, with the potential to reshape Nigeria’s economy and drive continental trade under the African Continental Free Trade Area (AfCFTA). The academic director, Global Chief Executive Officer Africa (GCEO-Africa) Programme, Lagos Business School
BOI Launches €85m Loan Facility To Boost Nigeria’s Cocoa Processing Industry
The Bank of Industry (BOI) has unveiled an €85 million long-term financing facility aimed at expanding local cocoa processing, reducing Nigeria’s dependence on raw bean exports and strengthening value addition across the cocoa value chain. The commitment was announced on by the managing director and chief executive officer of BOI, Dr Olasupo Olusi, during th
Risk Aversion Wipes N1.32trn Off Stock Market, Capitalisation Falls To N155.13trn
Risk aversion dominated trading on the Nigerian equities market on Monday as investors lost N1.315 trillion, extending the market’s losing streak to a second consecutive session. The bearish sentiment dragged the Nigerian Exchange (NGX) market capitalisation down to N155.130 trillion from N156.445 trillion, while the benchmark All-Share Index (ASI) shed 2,04
Dangote Cracks Down on Illegal Haulage, Offers N500,000 Reward For Whistleblowers
Dangote Industries Limited has intensified efforts to combat illegal haulage activities involving its trucks by unveiling a public whistleblowing initiative that offers a cash reward to individuals who provide credible information leading to the arrest of offenders or the interception of unauthorized goods and transportation of persons. The company said the
Stockbrokers Hail NGX For London Engagement With FTSE Russell On T+1 Settlement
Stockbrokers have commended the Nigerian Exchange Group for engaging FTSE Russell, global institutional investors and custodians to address concerns over Nigeria’s T+1 settlement and the pause on its Frontier Market reclassification. The NGX delegation used the meeting to clarify reforms, explain the new settlement cycle, and seek feedback ahead of FTSE Russ
Dangote Bags Road Safety Excellence Award, Earns Stakeholders’ Commendation
Dangote Group has received the Road Safety Corporate Excellence Award in recognition of its outstanding contributions to promoting safer transportation and accident prevention, with stakeholders commending the conglomerate’s sustained commitment to road safety and responsible transport operations across Nigeria. The award, presented by the Kogi State Governm
From Suspended Licence To Billion-Naira Profit, How Kurfi Turned N2m Into Billion-Naira Investment
Kasimu Kurfi’s entrepreneurial journey is a story of resilience, strategic thinking and persistence, transforming a modest N2 million personal savings into a billion-naira investment firm despite early regulatory setbacks that nearly derailed the business. The managing director and chief executive officer of APT Securities and Funds Limited recounted how the
Investment: Determining Entry, Exit Points In The Stock Market
The Nigerian capital market presents a dynamic and rewarding investment landscape, offering a diverse range of opportunities to grow wealth. Investing in the Nigerian stock market requires careful planning, informed decision-making, and a well-defined investment strategy. Investors determine stock market entry and exit points by combining technical analysis,
Stock Market Records N9.342trn Week-on-week Gain
The Nigerian equities market extended its bullish run during the week by N9.342 trillion buoyed by renewed buying interest across major counters and strengthening investor confidence. Market sentiment received an additional boost following reports that the Nigerian Exchange (NGX) had emerged as the world’s best-performing equity market in U.S. dollar terms,
Bullish Momentum Persists As Stock Market Gains N961bn
The Nigerian equities market extended its bullish run on Thursday as sustained buying interest pushed the benchmark index higher by 0.62 per cent, adding N961 billion to investors’ wealth. At the close of trading, the Nigerian Exchange (NGX) All-Share Index (ASI) advanced by 1,498.75 points to settle at 243,958.73 points, while market capitalisation rose by