Prime Business Africa

Wema Bank In Search Of N25 billion, Target Private Investors

Wema Bank Grows Profit By 141.59% To N127.40bn

Wema Bank closed the period between the first quarter (Q1) and third quarter (Q3) with N458.50 billion gross earnings, compared to the N289.11 billion reached in the same period in 2024. According to the company’s consolidated and separate financial statements for the
November 26, 2025
NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Sterling Financial, Prestige Extend NGX Downward Trend

On Monday, November 24, the Nigerian Exchange (NGX) Limited’s market capitalisation fell to N91.34 trillion, from the N91.41 trillion recorded on Friday, November 21 This followed a 108.01 basis points drop in the all-share index (ASI), which dropped to 143,614.61 ASI, from
November 24, 2025
Best Performing Brewery Stocks On NGX In Q3 2025

Best Performing Brewery Stocks On NGX In Q3 2025

Out of the four brewery companies listed on the Nigerian Exchange (NGX) Limited, also known as the stock market, only International Breweries suffered a decline in its share value in the third quarter (Q3) of 2025. According to Prime Business Africa’s market
November 24, 2025
AIICO Records N129.98bn Gross Premium

AIICO Records N129.98bn Gross Premium

AIICO has revealed that the company recorded a gross written premium of N151.85 billion between January and September 2025, compared to the N129.98 billion reported in the corresponding period in 2024. The 17 percent increase in gross written premium was disclosed in
November 21, 2025
Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

NCR Tops NGX Gainers, RT Briscoe Leads Losers’ List

The market capitalisation of the Nigerian Exchange (NGX) Limited closed at N91.41 trillion on Friday, November 21, below the N91.71 trillion reported on Thursday, November 20. Also, the all-share index (ASI) declined to 143,722.62 ASI, from 144,187.03 ASI, indicating a drop of
November 21, 2025
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