- NGX All-Share Index Declines as Investors Book Profit
- XRP Slips as New York Files Lawsuit Against Prediction Platform
- Transcorp Hotels Shareholders Barely React to H1-2026 Earnings
- AVA Capital’s NGX Debut Opens New Investment Window, Market Eyes Thin Free Float
- May & Baker Margin Expansion, Balance Sheet Strength Drive H1 Earnings Despite Flat Revenue
- Binance bStocks Hits $500m in AUM as Investors Turn to Tokenised Stocks
- Sterling Financial Rallies Against Market Tide, Ranks Among NGX’s Top Gainers
- Apple Beats Q3 Earnings Expectations, EPS Surges 29%
Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
BUA Group acquires majority holding in P.W Nigeria Limited BUA Group has acquired majority shareholding in P.W. Nigeria limited, one of largest construction, engineering and mining companies. Abdul Samad Rabiu, Executive Chairman of BUA Group said in a statement on that the acquisition was necessary to further deepen its investments in the infrastructure business in sub-Saharan Africa. Rabiu said the acquisition marks the beginning of the next phase of BUA group medium term strategy for infrastructure business. This comes following the completion of the consolidation of our cement arm, BUA Cement, in January 2020. He added that BUA’s acquisition of…
COVID-19: UBA, Transcorp cancel AGM United Bank for Africa (UBA) and Transcorp Plc have announced the cancellation of their 2019 Annual General Meetings (AGMs) to prevent the spread of COVID-19. The companies stated this in a release submitted on the Nigerian Stock Exchange (NSE) website. The two listed companies bowed to public demand for social distancing as cases of coronavirus continue to rise in the country. UBA’s had scheduled its 58th AGM for March 27, at the Eko Hotels & Suites, Victoria Island, Lagos, while Transcorp was supposed to hold on March 25. “The Board of Directors of United Bank…
Cedar advisory to buyout 39.62% of Union Diagnostic shares
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GTBank introduces free instant payment cash transfer. Guaranty Trust Bank Plc has introduced free instant payment cash transfer for its customers.
Nigeria’s Bank of Industry raises €1bn from international capital market. The Bank of Industry (BOI) says it has raised €1 billion from the international capital market.
CBN technically devalues Naira, sets rate at ₦380 per dollar. The Central Bank of Nigeria sold naira at ₦380 per dollar to deposits money banks on Friday, the move that analysts said that may end multi-tiered exchange rate regime.
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