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Nigerian Exchange Limited

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Situations

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Nigeria market volatility: business confidence and NGX swing

21 clusters · 60 sources · last updated

Latest: Nigerian stock market gains N652 billion amid bullish run

The volatility in the Nigerian Exchange (NGX) continued through late July and early August, characterized by sharp swings between brief rallies and heavy profit-taking. By mid-August, the bearish trend persisted as the A

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Dangote refinery expansion, price cuts, $5B IPO

49 clusters · 229 sources · last updated

Latest: Dangote Petroleum Refinery launches historic $1.6 billion IPO

Since commissioning, Dangote Petroleum Refinery has reshaped Nigeria’s energy landscape, supplying approximately 80% of domestic petrol demand. The company is advancing a massive capital raise to support its ‘Vision 2030

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Legend Internet Plc financial performance

2 clusters · 2 sources · last updated

Latest: Legend Internet reports ₦13.2m annual profit amid rising costs

Legend Internet Plc has experienced a period of financial volatility characterized by declining profits and rising operational costs. In August 2026, the company reported a loss of N416.15 million for the nine-month peri

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PZ Cussons financial performance 2026

2 clusters · 3 sources · last updated

Latest: PZ Cussons Nigeria reports 349% profit surge to N45.2 billion

PZ Cussons plc and its Nigerian subsidiary reported significant financial growth for the fiscal year ending May 31, 2026. PZ Cussons plc reported a 5.4% revenue increase to £541.4 million, with adjusted operating profit

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Access Holdings corporate and sustainability updates

3 clusters · 6 sources · last updated

Latest: Access Holdings awaits CBN approval for H1 2026 audited results

Access Holdings Plc has reported significant progress in its sustainability initiatives alongside administrative delays in its financial reporting. According to its 2025 Sustainability Report, the group increased its gr

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United Bank for Africa leadership appointments

3 clusters · 15 sources · last updated

Latest: United Bank for Africa appoints Emmanuel Nnorom as Group Chairman

United Bank for Africa (UBA) has undergone significant leadership transitions within its board and executive management. On August 19, the bank disclosed the appointment of Ibrahim Ajimasu Puri as a Non-Executive Direct

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First HoldCo profit surge and Otedola stake reaches 27.49%

7 clusters · 29 sources · last updated

Latest: FirstHoldco Plc shares drop 7.2% amid Otedola share accumulation

First HoldCo continued its rapid earnings growth and share‑price rally in July‑August 2026 as billionaire chairman Femi (Olufemi) Otedola expanded his holding. Un‑audited half‑year results released 20 July showed net pro

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Nigerian banks financial reporting delays

2 clusters · 11 sources · last updated

Latest: Nigerian banks secure extensions for H1 2026 financial results

Major Nigerian banks have secured extensions from the Nigerian Exchange Limited (NGX) to publish their audited half-year financial results for the period ending June 30, 2026. Initially, Zenith Bank Plc received approva

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