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Business - Page 738

NGX Lists 3.16bn Additional UBA Shares, Boosting Liquidity, Market Capitalisation

The Nigerian Exchange Limited (NGX) has formally admitted an additional 3.156 billion ordinary shares of United Bank for Africa (UBA) Plc to its Daily Official List, a move expected to deepen market liquidity and significantly enhance the bank’s market capitalisation, Prime Business

January 14, 2026

Business·Oil & Gas

Fuel Subsidy Gulps N2 Trillion In One Year

With N8 billion daily expenditure, the Nigerian government’s yearly spend on petrol subsidy amounts to N2 trillion. According to top oil marketers, it impacts negatively on the economy and therefore raised concern on the need to deregulate the system to encourage investment

August 2, 2021

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Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

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Business - Page 738

NGX Lists 3.16bn Additional UBA Shares, Boosting Liquidity, Market Capitalisation

Fuel Subsidy Gulps N2 Trillion In One Year

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