Dangote Petroleum Refinery is sourcing between 30% and 40% of its crude oil from overseas despite Nigeria producing about 1.6 million barrels per day. David Bird,...
Red Star Express Plc rebounded strongly on the Nigerian Exchange (NGX) on Monday, rising 9.86 percent to emerge as the day’s best-performing stock as bargain hunters...
May & Baker Nigeria Plc has warned investors and members of the public against a fraudulent investment scheme operating under the name “M&B Equity Stake,” saying...
Dangote Sugar Refinery Plc has raised approximately N485.88 billion through its rights issue after investors applied for more shares than were available under the capital-raising exercise....
Guinea Insurance Plc has completed its recapitalisation programme following a combination of a rights issue and private placement, strengthening its capital position under Nigeria’s new insurance...
Dangote Petroleum Refinery is preparing to open its ownership to a broader pool of Nigerian investors through a planned October initial public offering with Chief Executive...
Eterna Plc has appointed Cordros Registrars Limited as its new share registration and data management service provider, replacing Greenwich Registrars and Data Solutions Limited. The energy...
Geregu Power Plc has moved to reassure shareholders and investors over concerns surrounding its bond repayment obligations, saying it is engaging relevant stakeholders and advisers to...
BUA Foods Plc recorded one of its sharpest single-day declines on the Nigerian Exchange (NGX) on Wednesday after its shares hit the maximum daily loss limit...
Dangote Refinery could pursue a listing on the Johannesburg Stock Exchange after completing its planned Nigerian market debut, potentially giving investors in Africa’s largest and most...