Fidson Healthcare Plc experienced a steep decline on Thursday, marking one of the sharpest selloffs on the Nigerian Exchange (NGX) this week as investor exits wiped nearly 20 percent off…
Sustainable Capital Exits Seplat Energy, Sells Remaining 36.7 Million Shares
Seplat’s stock has seen strong performance, trading near N11,201 by late August 2026 and giving the company a market capitalisation exceeding N7 trillion. Sustainable Capital had initially increased its stake…
Red Star Express Surges 9.86% to Top NGX Gainers List
Red Star Express Plc surged 9.86 percent on the Nigerian Exchange (NGX) on Monday, becoming the day’s top performer as investors capitalized on recent price dips to rebuild positions in…
Tax Crimes and Fraud Account for 51% of NFIU Financial Intelligence Reports
Tax crimes remained the single largest designated offence in intelligence reports sent to domestic authorities. The NFIU produced a total of 3,431 proactive and reactive domestic intelligence reports in 2025….
May & Baker Issues Warning to Nigerians Over Fraudulent M&B Equity Stake Investment Scheme
May & Baker Nigeria Plc has issued a stern warning to investors and the public about a fraudulent investment scheme operating under the name “M&B Equity Stake,” emphasizing that the…
Nigerias Cocoa Exports to EU Under Threat Due to New Deforestation Regulations
Nigeria’s cocoa industry is facing a critical challenge as exporters and hundreds of thousands of smallholder farmers scramble to meet the European Union’s new anti-deforestation rules, which will take effect…
Tinubus Reforms Gain Investor Confidence Amid Rising Nigerian Living Costs
President Bola Tinubu’s economic reforms are gaining traction among investors, with rising stock market gains and increased capital inflows signaling growing confidence in Nigeria’s economy, but millions of citizens continue…
International Breweries Shareholders Approve N84 Billion Capital Return Plan
International Breweries Plc shareholders have approved a plan to return up to N84 billion to investors as part of a comprehensive share premium reduction and capital reorganisation initiative. The decision…
Beta Glass H1 Profit Declines 13.6% to N16.16 Billion Amid Rising Finance Costs
Beta Glass Plc reported a 13.6 percent decline in profit after tax to N16.16 billion for the first half of 2026, as rising production and financing costs offset modest revenue…