Nigerian market news and social signals.
Market Snack archive11761 stories
Honeywell Group Limited has acquired a 14.12 percent stake in Ikeja Hotel Plc. The transaction was disclosed in a notification sent to the Nigerian Exchange Limited by the company secretary, OOT Nominees Limited.
📊 UZEE STOCKS UPDATE LTD | NGX Market Wrap – Thursday, 2 July 2026 Today's NGX filings delivered a mix of earnings surprises, dividend announcements, bonus issues, and preparations for the Q2 earnings season. Here's what investors should know—in plain English. 🟢 Winners of
Chemical and Allied Products Plc has approved a final dividend of N4.00 per 50 kobo ordinary share, translating to a total payout of N3.26 billion. The corporate action follows a 51 percent growth in the company's profit.
AXA Mansard Insurance Plc has announced the resignation of Ms Melina Cotlar from her position as a non-executive director. The board and management expressed appreciation for her contributions and service during her tenure with the insurance firm.
Shareholders of Dangote Cement Plc have approved the company's plan to seek a potential secondary listing of its shares on the London Stock Exchange or another international securities exchange. The approval was granted during the company's seventeenth Annual General Meeting in Lagos.
The Minister of Power assured Nigerians of improved electricity supply before the end of 2026, stating that the federal government is rehabilitating the national grid and expanding off-grid renewable energy projects to close the energy gap.
President Bola Tinubu has launched the Power Force initiative to train 5,000 young Nigerians and accelerate the rollout of smart meters across the country. The program aims to create jobs, expand metering access, and support ongoing power sector reforms under the federal government's economic agenda.
The Managing Director of eTranzact Plc, Niyi Toluwalope, has emphasized that digital payments can significantly improve tax administration, revenue collection, and public service delivery. He made these remarks during the Nigeria Employers' Summit organized by the Nigeria Employers' Consultative Association.
Lasaco Assurance Plc has settled claims amounting to N17.60 billion during its 2025 financial period. The payout highlights the underwriter's commitment to fulfilling its obligations to policyholders and reflects its operational activities in the insurance sub-sector.
FTSE Russell is reviewing Nigeria's planned reclassification to Frontier Market status following the Securities and Exchange Commission's decision to adopt a shortened T+1 settlement cycle for transactions in the capital market.
PZ Cussons has announced the appointment of Oghenekevwe Ogefere as its new Company Secretary. The consumer goods manufacturer notified the Nigerian Exchange Limited and its shareholders of the appointment, which became effective in June.
The Nigerian government has introduced a new metering policy designed to train and employ five thousand meter installers, aiming to eradicate the estimated billing system. A dedicated recruitment portal is set to launch on July fourth.
The Nigerian Federal Government is reviewing the National Building Code to incorporate climate-smart construction standards, energy efficiency, and disaster-risk reduction, aiming to promote sustainable infrastructure development.
Geregu Power declares N9 dividend, appoints new directors at AGM https://t.co/J6CRCGQBDm
PZ Cussons Nigeria Plc has announced the appointment of a new company secretary. The newly appointed official brings extensive experience in corporate and board governance, legal advisory, company secretarial practice, and regulatory compliance to the consumer goods firm.
The Nigerian Exchange is evaluating a notice from index provider FTSE Russell concerning T+1 settlement cycle requirements. Stakeholders are analyzing the potential impact of these threats on the domestic equities market relative to the volume of foreign capital tracked by the index.
PZ Cussons Nigeria Plc has announced the appointment of Ms. Oghenekevwe Ogefere as its new Company Secretary. This regulatory filing updates the market on the consumer goods company's corporate leadership team.
The Federal Government of Nigeria is developing a coordinated financing ecosystem to attract domestic and international private capital alongside development finance. This initiative aims to integrate public, commercial, and climate finance instruments to unlock investments needed to achieve a one-trillion-dollar economy.
Nigeria’s foreign exchange market recorded a notable increase in liquidity during the first half of 2026, with daily turnover regularly surpassing 500 million dollars. Daily volumes occasionally crossed 900 million dollars, culminating in a record single-day turnover of 1.82 billion dollars.
Geregu Power declares N9 dividend, appoints new directors at AGM https://t.co/kkN6JrXPV4
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