Companies & Markets

NGX Unveils Major 2025 Market Indices Overhaul

NGX Unveils Major 2025 Market Indices Overhaul

The Nigerian Exchange Limited (NGX) has announced a mid-year review of its market indices, effective July 1, 2025. This strategic… Read More

1 month ago

Segun Ajayi-Kadiri Urges Govt to Sell Warri, Port Harcourt, Kaduna Refineries to Private Sector

In a bold call to action, Segun Ajayi-Kadiri, Director General of the Manufacturers Association of Nigeria (MAN), has urged the… Read More

1 month ago

Nigeria Launches $40M ICT Project to Transform Tertiary Education

The Federal Government of Nigeria has unveiled a transformative $40 million ICT project to revolutionize tertiary education. Funded by the… Read More

1 month ago

Axian Telecom Eyes Takeover of Jumia, Africa’s E-Commerce Giant

Axian Telecom, a Mauritius-based telecommunications leader, is exploring a takeover of Jumia Technologies AG, Africa’s largest e-commerce platform, per Bloomberg.… Read More

1 month ago

Unilever Nigeria Appoints Ibrahim Sodipe as Executive Director

Unilever Nigeria Plc has announced the appointment of Mr. Ibrahim Sodipe as its new Executive Director, effective July 1, 2025.… Read More

1 month ago

Lagos State Enforces Ban on Single-Use Plastics, Despite MAN’s Plea

The Lagos State government has launched the enforcement of its ban on single-use plastics, effective July 1, 2025, targeting items… Read More

1 month ago

NNPC AKK Gas Pipeline Project Crosses River Niger

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has confirmed that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline has successfully crossed the River… Read More

1 month ago

Oil Prices Stabilize as OPEC+ Production Quota Decision Nears, Saudi Arabia Regains Market Share

Oil prices stabilized near their lowest levels since early June 2025, with Brent crude trading below $67 per barrel and… Read More

1 month ago

NNPCL’s Profit After Tax Surges to ₦1.054 trillion in May 2025, Revenue Hits ₦6 trillion

The Nigerian National Petroleum Company Limited (NNPC Ltd) posted a strong financial performance in May 2025, with profit after tax… Read More

1 month ago

Investors Eye Bargain Buys as Mixed Sentiment Caps June Trading on NGX

Trading on the Nigerian Exchange (NGX) closed the month of June on a restrained note, with the All Share Index… Read More

1 month ago