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Transcorp Hotels shareholders Gain N198bn As Ikeja Hotel Investors Lose N4.43bn

Transcorp Hotels outperformed Ikeja Hotel in the Nigerian stock market in the first quarter (Q1) of 2025, according to analysis by Prime Business Africa. It was gathered that Transcorp Hotels’ shareholders saw their investments in the company appreciate by 16.68 per cent,

April 24, 2025

Business·Top Stories

Sunu Assurances, Veritas, Prestige Among Five Worst-Performing Insurance Stocks In Q1 2025

Out of 20 insurance companies listed in the Nigerian stock exchange, 13 insurers recorded a decline in their stock performance in the first quarter (Q1) of 2025. Analysis by Prime Business Africa showed that the 13 insurance companies are Guinea Insurance, International

April 22, 2025

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

Business·Markets

Over N7.14bn Shares Traded, Cadbury Tops Stock Market Decliners’ List

The Nigerian Exchange Limited (NGX), the capital market authority, reported that the stock market capitalisation settled at N35.74 trillion on Wednesday. According to data obtained from the capital market authority, the All-Share Index settled at 65,687.16 ASI, as over 500.43 million shares

July 26, 2023

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Business·Insights

Aliko Dangote Loses N275.09 billion, Investors Snub Cement, Sugar Businesses

Businessman, Aliko Dangote, lost 6.25 per cent and 7.10 per cent of his investments in Dangote Cement and Dangote Sugar respectively last week. His investment in the cement and sugar businesses depreciated after reports emerged that his company, Dangote Industries Limited (DIL),

April 3, 2023

Business·Markets

Equity Investors Make N90 billion, As Stock Market Closes High

Nigerian stock exchange closed with N90 billion gain on Monday, 6 February 2023, as the market capitalisation increased from N29.52 trillion to N29.61 trillion. The All-Share Index gained 154.65 basis points on Monday to rise from 54,213.09 ASI to 54,367.74 ASI. Investors traded N4.79 billion for

February 6, 2023

Business

Top Two Billionaires, Bernard Arnault, Elon Musk, Lose $7.8 billion, As Wealth Drops

The world’s two richest, Bernard Arnault and Elon Musk, lost a whopping $7.8 billion in one day, as their companies suffer losses in the capital market. Musk recorded the biggest loss, with $6.8 billion wiped off from his networth, which dropped to

December 12, 2022

Elon Musk Now Twitter's Biggest Shareholder

Entrepreneurship

Multibillionaire Business Mogul Musk Sells 10% Shares Of Tesla’s Holdings After Twitter Polls

Tesla chief executive Elon Musk late Wednesday night fulfilled his pledge to sell 900,000 shares of his electric car company’s stock for 1.1 billion dollars, about N451,649,000,000.00 (Four Hundred and Fifty One Billion, Six Hundred and Forty Nine Million Naira)

November 11, 2021

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Transcorp Hotels shareholders Gain N198bn As Ikeja Hotel Investors Lose N4.43bn

Sunu Assurances, Veritas, Prestige Among Five Worst-Performing Insurance Stocks In Q1 2025

Over N7.14bn Shares Traded, Cadbury Tops Stock Market Decliners’ List

Aliko Dangote Loses N275.09 billion, Investors Snub Cement, Sugar Businesses

Equity Investors Make N90 billion, As Stock Market Closes High

Top Two Billionaires, Bernard Arnault, Elon Musk, Lose $7.8 billion, As Wealth Drops

Multibillionaire Business Mogul Musk Sells 10% Shares Of Tesla’s Holdings After Twitter Polls

Featured Stories

Thailand’s Queen Mother Sirikit Dies at 93

Aliko Dangote Makes History as First African to Hit $30 Billion Net Worth

Drone Terror: Nigeria’s Airspace Under Siege – Zulum Warns

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

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Otti Breaks Ground on Dual Road Projects to Reconnect Abia’s Heartland, Boost Regional Trade

Thailand Declares National Mourning, Flags at Half-Mast for Queen Sirikit

Thailand’s Queen Mother Sirikit Dies at 93

Aliko Dangote Makes History as First African to Hit $30 Billion Net Worth

INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi

Silver Slides as Investors Lock in Profits Amid Receding Fears

Japan’s Stocks Could Rally Further As Takaichi Becomes First Female PM

UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

Otti Breaks Ground on Dual Road Projects to Reconnect Abia’s Heartland, Boost Regional Trade

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