Regency Alliance Insurance Plc has initiated a private placement of 7.37 billion ordinary shares. This move is part of the company's capital raise program to satisfy the new minimum capital requirements mandated by the National Insurance Commission.
All Share Index - 241,748 (-0.84%)
Value Traded - N20.6 Billion
Market Deals - 57,830
Volume of Shares Traded - 491,512,137
Total Equity Market Cap – N155.1 Trillion
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MTN Nigeria, through its MTN Pulse brand, is partnering with the Project Management Institute to launch the Live it 100 on Campus roadshow across seven Nigerian universities, aiming to equip students with future-ready skills and career opportunities.
The ASI pulled back from last week's rally, down 0.89% to 241,635.75. Market cap dropped ₦1.39 trillion to ₦155.06 trillion. More stocks fell than rose: 44 down, 19 up.
"Nigeria First! Our stocks are topping global charts — NGX All-Share Index surged 6.35% last week, adding ₦9.34 trillion to market cap. YTD returns ~57%. These milestones must be celebrated! President Tinubu’s reforms are putting Nigeria First: fixing forex, attracting
One request from the entire Kwara State Polytechnic community:
We need a UBA branch on campus.
For years, students and staff have had to travel into town just to carry out simple banking transactions. A functional UBA branch within Kwara State Polytechnic would save time,
Stock Market Loses ₦1.3tn as Sell-Off Extends Losing Streak
The Nigerian stock market began the week on a bearish note on Monday as investors lost ₦1.315tn following another wave of sell-offs that dragged major equities lower across the Nigerian Exchange.
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@oluwadamisi @TomolaGroup I imagine there must have been someone thinking this way when NAHCO was selling for N2, GTCO for N17, Okomu oil for N43, etc, and today they've missed out on them. In the grand scheme of things, "cheap" has nothing to do with current share price!
Profit-Taking Erases ₦1.32 Trillion from Nigerian Stock Market
The Nigerian Exchange (NGX) lost ₦1.32 trillion in market capitalization as investors locked in gains across industrial goods, banking, and consumer goods stocks. The decline follows a period of strong market https://t.co/DldySE61Yi
Today, let’s talk about the Stanbic IBTC Balanced Fund.
This fund is designed for investors who want a well-diversified portfolio by combining the growth potential of equities with the relative stability of fixed-income and money market instruments. It invests 40%–60% in
@FinPlanKaluAja1 GTCO numbers dey look clean sha. P/E around 5, ROE 25%, and dividend wey strong like that — e show say the bank dey run well with digital moves and expansion.
For person wey dey think long term, this kind one fit make sense if you do your own proper research. Investing for home
The import parity price for petrol in Nigeria increased by 15 percent in two weeks to N1,135.73 per litre as of July 9, 2026. This surge was driven by rising global crude prices amid renewed geopolitical tensions in the Middle East.
The International Monetary Fund's July 2026 World Economic Outlook Update outlines a 4.1% economic growth projection for Nigeria while drawing attention to underlying structural challenges that persist within the country's broader macroeconomic framework.
The International Monetary Fund's July 2026 World Economic Outlook Update projects global economic growth at 3.0% for 2026 and 3.4% for 2027. The outlook highlights the role of oil in supporting Nigeria's economic growth prospects.