NGX Market Capitalisation Hits N140.6 Trillion In September, Driven By Equities And Reforms
Nigeria’s stock market rose to N140.6 trillion in September, reflecting investor confidence and strong economic reforms.
Nigeria’s stock market rose to N140.6 trillion in September, reflecting investor confidence and strong economic reforms.
Muyiwa Kayode says government reforms, AI, and funding initiatives will ignite a new era for Nigeria’s animation industry.
Aliko Dangote launches $2.5 billion joint fertiliser plant in Ethiopia, pledging to transform Africa’s agriculture and industrial self-reliance.
Propetrol pivots to renewables, powering 18,000 Nigerian homes and businesses with hybrid mini-grids while cutting 10,000 tonnes of CO₂.
Local firms boost Nigeria’s oil output by 200,000 bpd, unlocking $5.5bn in investments after IOC divestments.
NNPC projects heavy revenue losses after PENGASSAN strike caused major oil and gas production deferments across Nigeria.
Operators warn 30% capital gains tax will strain NGX, deter foreign investors, and raise Nigerian equities’ overall cost.
IATA says the aviation sector boosts Nigeria’s economy with $2.5bn GDP contribution annually.
Tony Elumelu has received the 2025 Appeal of Conscience Award in the US, recognising his Africapitalism philosophy and philanthropic impact.
Samsung and SK Hynix are planning to supply memory chips for OpenAI’s $500bn Stargate project
Islamic Development Bank allocates $1.27bn for roads, energy, health, and agriculture, including $50m to boost Yobe farming.
Olayemi Cardoso inaugurates CBN Governor’s Lecture Series at Lagos Business School, stressing innovation, stability, and inclusive economic growth.
Unity Bank clarifies AMCON’s 34% stake was acquired by an existing shareholder as merger with Providus Bank advances.
Federal government begins training 300 youths as tractor operators and mechanics to boost mechanised farming and food security.
FAAN says with cashless policy, it would boost revenue by 75% in the next one year, enhance transparent financial transaction.
Dan Kunle assures Nigerians that Dangote Refinery has fuel reserves to meet demand, dismissing PENGASSAN’s shutdown threat as hollow.
Former TUC president urges dialogue in Dangote–PENGASSAN dispute, warning against actions that could harm Nigeria’s fragile economy.
A US report says Nigeria’s duty-free food imports failed to ease inflation, citing poor transparency and weak implementation.
Dangote Refinery restores Naira-based petrol sales after brief suspension, warning PENGASSAN’s supply halt order risks fuel scarcity.
PenCom raises PFAs’ capital base to N30bn, PFCs to N25bn, citing asset growth and operational complexities.
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