Latest News
Zenith Bank Clinches Dual Honours at the 2026 Euromoney Awards for Excellence; Emerges Africa's Best Bank & Nigeria's Best Bank
Zenith Bank Plc was recognized as Africa's Best Bank and Nigeria's Best Bank at the 2026 Euromoney Awards for Excellence, highlighting its sustained financial performance and digital innovation.
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Nigerian Stock Market Loses N801bn as Profit-Taking Ends Three-Day Rally
The Nigerian stock market experienced a decline in market capitalization, though UPDC Real Estate Investment Trust (UPDC REIT) was noted among the stocks that recorded gains during the session.
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Index dips by 0.50 per cent amid losses in 27 stocks
The Nigerian Exchange (NGX) experienced a decline in market performance driven by price depreciation in several large and medium-capitalized stocks, including UACN.
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Equities shed N800bn as profit-taking halts market rally
Trans-Nationwide Express was among the top gainers on the Nigerian Exchange, appreciating by the maximum daily limit of 10% to close at N3.08 per share despite a broader market downturn.
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Transcorp posts N54bn profit despite power sector constraints
Transcorp reported a profit after tax of N54.37 billion for the first half of 2026, highlighting business resilience and cost management efforts amidst challenges in the power sector.
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Nigerian tycoon Rasheed Sarumi's Presco stake hits $1 billion after Belgian buyout
The stake of Nigerian tycoon Rasheed Sarumi in Presco Plc has reached $1 billion following a significant Belgian buyout, marking a major milestone for the company and its leadership.
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