KEY POINTS Nigeria has renewed plans to list the Nigerian National Petroleum Company Limited, NNPC Ltd, and Nigeria LNG Limited (NLNG) on the stock exchange as part of efforts to …
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KEY POINTS The Nigerian equities market extended its losing streak to eight consecutive trading sessions on Thursday as investors continued to sell off shares in major companies, particularly Aradel Holdings …
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In the NewsMarkets
NNPC to Undergo Reform, Join Capital Market as Nigeria Targets $1trn Economy – Tinubu
KEY POINTS President Bola Tinubu has announced plans to reform the Nigerian National Petroleum Company (NNPC) and eventually list the state-owned energy company on the capital market as part of …
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KEY POINTS Geregu Power Plc has projected a profit after tax of approximately N8.17 billion for the second quarter ending June 30, 2026, according to its earnings forecast released to …
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KEY POINTS Nigeria’s biggest industrial project is preparing for a major financial milestone. The Dangote Group has selected three investment firms to oversee what could become the largest share sale …
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In the NewsMarketsOil & Gas
Dangote Refinery IPO Could Lift Nigeria’s Stock Market Beyond $140 Billion
KEY POINTS A planned initial public offering (IPO) of Aliko Dangote’s $20 billion Dangote Petroleum Refinery could dramatically expand the size of Nigeria’s capital market, potentially pushing total stock market …