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Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) recorded a broadly negative performance in the week ended April 24, 2026, with the SIAML Pension ETF 40 leading the losers after plunging 40.29% to N7,343.15, as all tracked ETFs…
Read moreUnited Bank for Africa Plc, one of Nigeria’s Tier 1 banks, last week released its 2025 full-year audited and Q1 2026 unaudited results. The reports show that while profit declined both in the full year 2025 and Q1 2026, core…
Read moreThe Nigerian equities market closed lower on April 27, slipping 0.94% to 223,602.29, as declines in large-cap banking stocks weighed heavily on the benchmark index. The post Big banks halt All-Share Index’s 14-session winning streak appeared first on Nairametrics.
Read moreThe Nigerian Exchange Limited (NGX) has imposed a total of N562.6 million in penalties on 32 listed companies for delays in filing both audited and unaudited financial statements (AFS and UFS) in the 2024/2025 financial year. The post NGX slams…
Read moreThe Nigeria Police Force has announced the recovery of railway materials worth N400 million from two suspected railway vandals. The post Railway Vandalism: Nigeria Police recover N400 million materials from suspects appeared first on Nairametrics.
Read moreNigeria’s military expenditure surged sharply in 2025, rising by 55% year-on-year to $2.1 billion, as worsening insecurity across the country forced increased defence spending. The post Nigeria’s military spending jumps 55% to $2.1 billion amid worsening insecurity – Report appeared…
Read moreThe US dollar weakened on Monday as shifting geopolitical signals from the Middle East tempered safe-haven demand ahead of a series of key central bank meetings expected later this week. The post US dollar weakens ahead of Fed decision…
Read moreThe latest edition of The Coffee Table (TCT) with Ugodre featured energy expert and CEO of Montserrado, Ifeanyi Ajuluchukwu, who highlighted Nigeria’s persistent infrastructure deficit, pricing challenges in the energy market, and funding constraints. Ajuluchukwu stressed that commercial banks in…
Read moreAliko Dangote has said that if he refuses to invest in Nigeria and Africa, no foreign investor will be willing to do the same. The post Dangote pushes for local investments to attract foreign capital in Nigeria appeared first on…
Read moreUnited Bank for Africa (UBA) Plc has confirmed it is intensifying efforts to recover outstanding debts and plans to resume dividend payments to shareholders this year. The post UBA to resume dividends in 2026, focuses on debt recovery appeared first…
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