Prime Business Africa, Author at Prime Business Africa

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

Conoil, Legend Internet, Others Wipe Off N47.97bn From Stock Market Cap

About N47.97 billion was wiped off the equity capitalisation of the Nigerian stock exchange on Friday, May 30, after the shares of Conoil, Beta Glass, and others depreciated at the end of

Prime Business Africa

May 30, 2025

'Herbert Wigwe Aided Dangote Refinery, Impacted Lamido Sanusi, Kashim Imam, Abubakar Suleiman's lives' - El-Rufai Mourns Late Access Holdings GMD

Business·Top Stories

Herbert Wigwe’s Investment In Access Holdings Drops To N110.45bn

The investment of Herbert Wigwe in Access Holdings has dropped by 8.71 per cent between January 2 and May 29, according to analysis by Prime Business Africa. Analysis showed that the decline

Prime Business Africa

May 30, 2025

Business·Top Stories

Access ARM Grows Profit To N4.33bn, Total Assets Increase By 131.48%

Access ARM Pensions Limited recorded a 124.73 percent increase in fee income, after reporting N24.04 billion in 2024, compared to the N10.69 billion declared in 2023. The company announced the increase in

Prime Business Africa

May 30, 2025

Business·Top Stories

Nigerian Stock Market Value Drops By N53.30bn

The value of the Nigerian stock market fell by N53.30 billion on Thursday, May 29, as the bourse’s capitalisation dropped from N70.56 trillion on Wednesday, May 28, to N70.51 trillion. This was

Prime Business Africa

May 29, 2025

Business·Top Stories

Is Olakunle Ade-Ojo Planning To Takeover Custodian Investment As Majority Shareholder?

Olakunle Ade-Ojo, the managing director of Toyota Nigeria Limited, has been busy in the Nigerian stock market, mopping up shares in Custodian Investment to increase his stake in the company. Between May

Prime Business Africa

May 29, 2025

Business·Top Stories

Linkage Assurance Records N6bn Revenue, Tax Burden Affects Profit Growth

Linkage Assurance reported 18 per cent growth in its insurance revenue for the first quarter (Q1) of 2025, after recording N6.05 billion, against the N5.12 billion posted in the corresponding period in

Prime Business Africa

May 29, 2025

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Top Stories

Honeywell Flour Makes Stock Market Gainers’ List, Academy Tops Losers

The stock market capitalisation ended trading at N70.56 trillion on Wednesday, May 28, up from N70.37 trillion recorded on Tuesday, May 27. According to data obtained from the Nigerian Exchange Limited (NGX),

Prime Business Africa

May 28, 2025

Business·Top Stories

Neimeth Suffers N2bn FX Loss, Records 50% Decline In Loss After Tax

Neimeth International Pharmaceuticals Plc grew its top line by triple-digits or 102.98 percent in 2024, after generating N4.48 billion, surpassing the N2.20 billion turnover recorded in 2023. According to the company’s financial

Prime Business Africa

May 28, 2025

Why Public, Private Sector Must Prioritize Investments In Innovation To Improve Healthcare - Elumelu

Business·Top Stories

Tony Elumelu Increases Stake In UBA With N1.54bn Shares

Tony Elumelu, the chairman of the United Bank for Africa (UBA), has bought new shares in the lender to increase his stake from 6.19 per cent to 6.30 per cent, according to

Prime Business Africa

May 28, 2025

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Top Stories

Nigerian Stock Market Cap Gains N1.08trn In Five Hours

On Tuesday, May 27, the market capitalisation of the Nigerian stock market increased by N1.08 trillion from N69.29 trillion on Monday, May 26, to N70.37 trillion. This followed the 1,721.3 basis points

Prime Business Africa

May 27, 2025

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Prime Business Africa

Conoil, Legend Internet, Others Wipe Off N47.97bn From Stock Market Cap

Herbert Wigwe’s Investment In Access Holdings Drops To N110.45bn

Access ARM Grows Profit To N4.33bn, Total Assets Increase By 131.48%

Nigerian Stock Market Value Drops By N53.30bn

Is Olakunle Ade-Ojo Planning To Takeover Custodian Investment As Majority Shareholder?

Linkage Assurance Records N6bn Revenue, Tax Burden Affects Profit Growth

Honeywell Flour Makes Stock Market Gainers’ List, Academy Tops Losers

Neimeth Suffers N2bn FX Loss, Records 50% Decline In Loss After Tax

Tony Elumelu Increases Stake In UBA With N1.54bn Shares

Nigerian Stock Market Cap Gains N1.08trn In Five Hours

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