Nigerian Exchange Limited (NGX) has marked a remarkable turnaround, breaking away from the poor performance of the 2015–2019 period to thrive in the 2020s. Following the oil price crash in 2015 and the ensuing recession in 2016, the 2020s have ushered in a period of unprecedented growth for Nigeria’s stock […]
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Trending News
Polaris Bank, Partners Support 16,000 Students To Reduce Out-Of-School Children In Nigeria
Polaris Bank, in partnership with key stakeholders, has reaffirmed its commitment to combating the alarming rate of out-of-school children in Nigeria. Through its targeted interventions, the Bank has ensured continuous education for over 15,000 students, providing them with the opportunity to learn, thrive, and contribute to a better future. […]
Cadbury Loses Royal Warrant After 170 Years
Chocolate maker Cadbury has been dropped from the list of royal warrants for the first time in 170 years. The Birmingham-based chocolatier was awarded its first royal warrant as chocolate and cocoa manufacturers by Queen Victoria in 1854, but it has lost its royal endorsement under King Charles. […]
Access Bank Hosts President Steinmeier, Commits to Strengthening German-Nigerian Trade Relations
Access Bank Plc last week welcomed the President of the Federal Republic of Germany, Frank-Walter Steinmeier, during his first official visit to Nigeria, underscoring the growing importance of German-Nigerian economic ties. Accompanied by a delegation of German business leaders and representatives, President Steinmeier’s visit highlights Access Bank’s pivotal role in […]
Vibrant Capital Market Key to $1trn Economy- Agama
The Securities and Exchange Commission (SEC) has stressed the need for a vibrant capital market in achieving the Federal Government’s $1 trillion economy target. The Director-General of SEC, Dr Emomotimi Agama, said this at the 2024 SEC Journalists Academy held in Lagos, Tuesday. Agama spoke on the theme: “The Role […]
Oriental Energy Conduct Naming Ceremony For Okwok Field FPSO
Oriental Energy Resources (OERL) announces the naming of the EMEM Floating Production Storage and Offloading Vessel (FPSO) at the Dry Docks World Dubai Shipyard in the United Arab Emirates. The naming ceremony was attended by His Excellency Vice President Kashim Shettima GCON, who represented His Excellency President Bola Ahmed Tinubu […]
Shell Nigeria Announces Final Investment Decision On Bonga North Project
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell Plc, has announced a final investment decision (FID) for the Bonga North deep-water project, located off the coast of Nigeria. The decision was disclosed in a statement issued by Shell in London on Monday. The Bonga […]
Seplat Energy Plc Shares Re-Admitted To LSE After MPNU Acquisition
Seplat Energy Plc, Nigerian energy company with listings on both the Nigerian Exchange Limited and the London Stock Exchange (LSE), has announced the re-admission of its shares to trading on the LSE’s main market. This development follows the company’s completion of its acquisition of Mobil Producing Nigeria Unlimited, as […]
NB Plc Appoints Juliet Anammah As Board Chairman
The Board of Directors of Nigerian Breweries Plc has announced the appointment of Juliet Anammah as the substantive chairman. Her appointment becomes effective January 1, 2025. She succeeds Sijbe “Siep” Hiemstra, who has been acting as the board chairman in an interim capacity since the start of the year. […]
Access Holdings To Acquire 100% of South African Bidvest Limited
Access Holdings Plc has announced that its banking. subsidiary, Access Bank Plc, has entered into a binding agreement with South African-based Bidvest Group Limited for the acquisition of a 100 per cent equity stake in Bidvest Bank Limited. This was contained in the Group’s notice to the Nigerian Exchange Limited […]