Stock Exchange – City Business News

September 3, 2025 6 Responses

BPE To List DisCos, GenCo On Stock Market

The Bureau of Public Enterprises (BPE) has announced plans to list two electricity Distribution Companies (DisCos) and one Generation Company (GenCo) on the Nigerian Stock Exchange through an Initial Public Offering (IPO).BPE Director-General, Mr Ayodeji Gbeleyi, disclosed this on Tuesday...

August 27, 2025 No Responses

Stock Market Sustains Growth, Attains N203b Gain

The Nigerian stock market continued on a positive note on Tuesday, recording N203 billion gain.The market activity was driven by demand for equities such as NCR Nigeria, Berger Paints, Beta Glass, Cadbury and 23 other stocks.Specifically, the Nigerian Exchange...

October 3, 2024 No Responses

SEC, NGX Group Visit Johannesburg Stock Exchange

A high-level delegation from Nigerian Exchange Group Plc (NGX Group), led by the Group Chairman, Alhaji (Dr.) Umaru Kwairanga, alongside top officials from the Securities and Exchange Commission (SEC), headed by the Director General, Dr. Emomotimi Agama, recen...

April 9, 2024 No Responses

GTCO Declares N609.3b Profit For 2023

For the financial Year ended December 31, 2023, GUARANTY Trust Holding Company Plc (GTCO) has reported a Profit Before Tax of N609.3 billion, amounting to an increase of 184.5 per cent over N214.2billion recorded in the corresponding year. The group...

September 5, 2023 No Responses

NGX Sustains Growth, Index Surpasses 68,000 Mark With 33 Per Cent

The Nigerian Exchange Limited (NGX) has achieved a significant milestone as its All-Share Index (ASI) surged to an unprecedented level of 68,279.14, marking a 1.11% increase. This achievement surpasses the previous record of 66,371.20 points set on March 5, 20...

September 2, 2023 No Responses

GTCO Explains 2023 Half-Year Results

For the period ended June 30, 2023, Guaranty Trust Holding Company (GTCO) Plc has released its audited consolidated and separate financial statements to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). Within the period, the group r...

July 29, 2023 No Responses

Seplat Energy Declares N278.3b Revenue In Six Months

Seplat Energy Plc, listed on the Nigerian Exchange Limited and the London Stock Exchange, has announced its unaudited results for the six months ended 30 June 2023, recording a rise in revenue by 3.8 per cent to N278.3billion from N219...

June 23, 2023 No Responses

FRC, ISSB, NGX RegCo, To Unveil IFRS 1, IFRS 2

To provide full information, support investor decision-making and facilitate international comparability to attract capital, the Financial Reporting Council (FRC) of Nigeria and NGX Regulation Limited (NGX RegCo) is set to organize and host the launch of the f...

May 4, 2023 No Responses

WFE Create New Certification For Market Infrastructure

The World Federation of Exchanges (WFE) has announced the creation of a new Market Infrastructure Certificate (MIC) programme, the first of its kind, which is aimed at educating the next generation of financial services leaders globally.City Business News repo...

February 24, 2023 No Responses

Banking Stocks Lift Market Capitalisation By N180b

The equity market on the Nigerian Exchange Ltd. (NGX) gained further on Thursday as it recorded N180 billion gains, following investors interest in Tier-one banking stocks. The market capitalisation gained N180 billion or 0.61 per cent to close at N29.76...

February 21, 2023 No Responses

Market Capitalisation Gains N228b

Activities at the equity market of the Nigerian Exchange Ltd.(NGX) on Monday recorded a positive position, gaining N228 billion amid renewed interest in telco heavyweight, Airtel Africa. The market capitalisation which rose by N228 billion, or 0.78...