FBN Holdings market value has plunged by about 50% below its peak market value reached when Femi Otedola and Oba Otudeko ramped up the financial group company shares on the Nigerian Exchange.

Cadbury Nigeria Plc’s market valuation surged by about 10% as investors’ sentiment on fast moving consumer goods (FMCG) players stock improved in the domestic market.

Geregu Power Plc posted about 149% year-on-year growth in profitability in the first half of 2024, according to details from its unaudited financial statement for 2024 submitted to the Nigerian Exchange.

The hospitality industry giant, Transcorp Hotels Plc, has retreated from the list of companies with more than N1 trillion in market valuation amidst negative investors’ sentiment on the local exchange.

MTN Nigeria Plc witnessed another round of selloffs on the floor of the Nigerian Exchange (NGX) Wednesday as investors’ book early profit following its weak earnings performance. The telecommunications company’s share lost 2.67% due to selloffs from its shareholders, dragging its market valuation to N4.509 trillion.

Cash rich Geregu Power Plc has estimated a total profit of N9.87 billion for the third quarter of 2024, according to the company’s regulatory filing submitted to the Nigerian Exchange, NGX.