FACTCHECK: BlackRock’s ‘$400 million’ ETF is not “leaving Nigeria”
Several media reports stating that a $400 million Exchange-Traded Fund (ETF) owned by BlackRock is “leaving” Nigeria is not true.
Multichoice Group has an account balance of N31.6 billion with Heritage Bank
Multichoice Group, owners of DSTV, had an account balance of N31.6 billion with Heritage Bank, before the bank’s liquidation.
Wole Oshin Custodian Investment Plc, MD/CEO acquires 19.5 million more shares to maintain control
The Managing Director of Custodian Investment Plc, Mr. Wole Oshin, has acquired an additional 19,531,250 Custodian Investment shares at an...
Nigerian Breweries posts N29.9 billion equity gain, as stock market appreciates by 0.2%
Nigerian Breweries Plc (NB) was the best-performing stock in the NGX today, gaining 10%, marking a N29.9 billion equity gain....
Presco welcomes new management as former Olam Vice President, Reji George takes over as CEO
Presco Plc has announced the appointment of Mr. Reji George as the new Managing Director of the company, effective June...
Why Tolaram’s N104 billion acquisition of Guinness Nigeria is a game changer
On June 11, 2024, Diageo announced it had entered a deal to sell its 58.02% stake in Guinness Nigeria Plc...
TotalEnergies and Presco soar as MTN’s N195 billion loss downs the market
TotalEnergies Marketing and Presco posted massive gains today in the NGX, gaining 9.98% and 9.97% respectively.
Guinness share price surges on announcement of Tolaram takeover
Guinness Nigeria’s share price has gained over 8%, trading at N55.60 as of mid-day on June 11, 2024. The gain...
Access Bank enters Tanzanian market, completes acquisition of African Banking Corporation of Tanzania
Access Bank Plc, a subsidiary of Access Holdings Plc has completed the acquisition of African Banking Corporation of Tanzania (ABCT).
Fidelity Bank records single-day turnover volume of over 600 million shares
Fidelity Bank was by far the most traded stock in the NGX today, with a turnover volume of about 605.257...
