Nigeriaβs Financial Reporting Council (FRC) has sanctioned 33 audit firms for violating its regulatory requirements and identified nine additional firms that failed to
COMPLETE THE NEWS...
Cos it is positive for Nigeria ...
It is sold to VAARIS ENERGY, owned by a Co-founder and former CEO OF SEPLAT PETROLEUM AND GAS, Austin Avuruππππππ
It means
1) All value created from the business will now be retain in Nigeria inckuding forex
Aradel listed on the NGX on Oct 14, 2024 at β¦702.69 per share, the largest listing by introduction in the Exchangeβs history. Market cap has grown from β¦3.05T to β¦5.98T.
The stock price has grown 96% since listing and is up 105% YTD. https://t.co/i3bqGgD6Lw
Nigeriaβs drive to expand domestic sugar production is projected to generate 110,000 direct and indirect jobs. The expansion relates to the local sugar industry and the listed consumer goods sector.
Academy Press Plc (ACADEMY) is a Nigerian printing and publishing company listed on the Nigerian Exchange (NGX). The company produces educational and general books and provides commercial printing services to businesses, schools, government institutions and other organisations. https://t.co/oeKDjqTBI0
The Dangote Refinery IPO is making Nigerians talk about the stock market again. π³π¬
But let me ask you something:
If you had β¦100,000 to invest, would you put it into Dangote Refinery or buy shares of companies already listed on the NGX?
Multi-Trex Integrated Foods Plc shares gained 17.95 percent five days after the Nigerian Exchange lifted an eight-year trading suspension. The item reports the stockβs performance following its return to trading on the NGX.
UBA and Access Holdings shares are trailing their tier-one banking peers as investors await half-year results. The report focuses on the relative performance of the two listed banks and market expectations ahead of their earnings releases.
The naira closed at N1,335.50 per dollar on October 13, 2026, its weakest closing level since August. The currency extended its losses after trading around N1,333 in previous sessions.
Nigeriaβs external reserves reached $58.81 billion on October 12, 2026, the highest level since November 19, 2008, when reserves were approximately $58.91 billion. The figure was corrected following a revision to Central Bank of Nigeria data.
Nigeriaβs foreign-exchange reserves rose to $58.81 billion on October 12, 2026, their highest level since November 19, 2008, when reserves were approximately $58.91 billion.
Livestock Feeds is one stock NGX investors should have on their watchlist. It gained 6.92% on Tuesday to close at β¦15.45.
But here is the important question: is the rally backed by improving earnings, or are investors simply chasing price? Price action gets attention. https://t.co/E1pU6R2pfq
NAFDAC seized counterfeit alcoholic beverages valued at more than N2 billion during a raid at the International Trade Fair Complex in Lagos. The enforcement action concerns the alcoholic beverages market, which includes products in the consumer goods sector.
The Nigerian Communications Commission has registered approximately 231 million telecommunications devices as it begins a verification system intended to block counterfeit, cloned and unapproved phones from accessing mobile networks. The development concerns Nigeria's telecom sector, which includes NGX-listed companies.
NAFDAC chief Mojisola Adeyeye said the agency is working to reduce the threat posed by unregulated drug sellers. The item concerns oversight of Nigeriaβs medicines market, a regulatory issue relevant to listed healthcare companies.