Top Stories

Shareholders Of Ecobank, Cadbury, Others Lose N81bn After Trading Hours

The equity capitalisation of the Nigerian stock market fell to N66.49 trillion on Wednesday, April 30, from N66.57 trillion recorded on Tuesday, April 29, losing N81.29 billion. Similarly, the all-share index (ASI)

Prime Business Africa

April 30, 2025

Recapitalization: Banks In Last Lap To Meet Deadline

Business·Top Stories

Top Five Most Valuable Banks In Nigeria

The Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank for Africa (UBA), Access Holdings and First HoldCo are the top five most valuable banks in Nigeria. According to Prime Business Africa’s

Prime Business Africa

April 30, 2025

Business·Top Stories

MTN Nigeria Records N1trn Revenue In Three Months — After Raising Data Prices

MTN Nigeria’s total revenue hit N1.05 trillion in the first quarter (Q1) of 2025, surpassing the N752.98 billion recorded between January and March 2024 by 40.5 percent. In its unaudited financial results

Prime Business Africa

April 30, 2025

Business·Top Stories

Stock Market Plunges As MTN, Omatek Record Losses

Over N116.28 billion was wiped off the Nigerian stock market on Tuesday, April 29, following a decline in the value of shares of MTN Nigeria, Omatek and others. This reduced the market

Prime Business Africa

April 29, 2025

Business·Top Stories

GTCO, Wema Bank… Five Best-Performing Bank Stocks

At the end of the first quarter (Q1) of 2025, the market valuation of Nigerian banks appreciated by 6.24 percent, according to analysis by Prime Business Africa. The publication gathered that the

Prime Business Africa

April 29, 2025

Business·Top Stories

FCMB’s profit plunges by 21% after paying N17.67bn windfall tax

In 2024, First City Monument Bank (FCMB) grew its gross revenue to N794.43 billion, 53.85 percent higher than the N516.35 billion generated in 2023. FCMB, in its financial statements for the period

Prime Business Africa

April 29, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Top Stories

Over N228bn Added To Stock Market Cap, International Breweries Leads Gainers

After trading hours on Monday, April 28, the Nigerian stock market capitalisation increased marginally by 0.34 percent or N228.48 billion to N66.69 trillion, from N66.46 trillion on Friday, April 25. The all-share

Prime Business Africa

April 28, 2025

Business·Top Stories

Regency Alliance Posts N7.26bn Revenue, Profit Drops By 60%

Regency Alliance’s insurance revenue for the period ended December 31, 2024, recorded a double-digit growth, rising from N6.08 billion in 2023 to N7.26 billion. According to the unaudited financial statement for the

Prime Business Africa

April 28, 2025

Access Bank Raises N351bn, Emerges First Nigerian Bank To Meet CBN’s N500bn Capital Requirement

Business·Top Stories

Access Holdings, Sterling Among Five Worst-Performing Bank Stocks

Out of 13 banks listed on the Nigerian stock market, three recorded a decline in their shareholders’ investment value, while 10 recorded growth in the first quarter (Q1) of 2025. During the

Prime Business Africa

April 28, 2025

Business·Top Stories

Over N202bn Wiped Off From Nigerian Stock Market

Decline in shares of Dangote Cement, Regal Insurance, and others wiped off N202.15 billion from the equity capitalisation of the Nigerian stock market. The market capitalisation declined from N66.66 trillion to N66.46

Prime Business Africa

April 25, 2025

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Top Stories

Shareholders Of Ecobank, Cadbury, Others Lose N81bn After Trading Hours

Top Five Most Valuable Banks In Nigeria

MTN Nigeria Records N1trn Revenue In Three Months — After Raising Data Prices

Stock Market Plunges As MTN, Omatek Record Losses

GTCO, Wema Bank… Five Best-Performing Bank Stocks

FCMB’s profit plunges by 21% after paying N17.67bn windfall tax

Over N228bn Added To Stock Market Cap, International Breweries Leads Gainers

Regency Alliance Posts N7.26bn Revenue, Profit Drops By 60%

Access Holdings, Sterling Among Five Worst-Performing Bank Stocks

Over N202bn Wiped Off From Nigerian Stock Market

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