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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1251

    Nestle Nigeria Rises as Board Revalue Assets to Boost Shareholders Fund

    News May 26, 2024

    Nestle Nigeria Plc’s market valuation surged following the company’s board of directors’ discussion with shareholder at the extra ordinary general meeting about

    Recapitalisation: UBA Shareholders Approve Bank’s Capital Raise Plan

    News May 26, 2024

    The United Bank for Africa (UBA) Plc shareholders have unanimously approved the bank’s capital raise drive to meet the new Central Bank of Nigeria’s (CBN)

    Market Cap Tumbles over Price Depreciation in 53 Stocks

    News May 26, 2024

    As Nigerian Exchange (NGX) continues to bleed, equities investors lost more than N290 billion as a result of negative sentiment. The local bourse has seen rapid

    Shippers’ Council Prioritises FG Directives on Non-oil Sector Diversification

    News May 25, 2024

    Mr Pius Akutah, the Chief Executive Officer (CEO) of the Nigerian Shippers’ Council (NSC) has reaffirmed the Federal Government’s commitment to prioritising

    Technical Team Validates Nigeria’s bid to Host $5bn AEB Headquarters

    News May 25, 2024

    A Joint Technical Inspection Team has validated Nigeria’s readiness to host the headquarters of the five billion dollars African Energy Bank (AEB) in the

    NGX Delists Arbico Plc after 46 years, Investors Lose N290bn

    News May 25, 2024

    The Nigerian Exchange Ltd. (NGX) says it has delisted the entire issued share capital of Arbico Plc from its daily official list after 46 years of listing.

    FCMB to Raise Additional N150bn in Q3 2024

    News May 25, 2024

    FCMB Group Plc says it has sought shareholders’ approval to raise additional capital of N150 billion by the third quarter of the year, following regulatory

    Man United Beats City 2-1 to Win FA Cup

    News May 25, 2024

    Manchester United (Man U) defied the odds to beat Manchester City 2-1 in the FA Cup final on Saturday. United, who finished in eighth place in the Premier

    NAHCO Plans to Diversify, Targets N100bn in 5 years

    News May 25, 2024

    The Nigerian Aviation Handling Company Plc (NAHCO aviance) says it aims to reach N100 billion in revenue over the next five years while focusing on diversifying

    FBN Holdings Shrinks on Shareholders Negative Reaction to Dividend Cut

    Analysis May 25, 2024

    FBN Holdings Plc’s (Ticker: FBNH) market value shrank by about 11% as some shareholders reacted negatively to its board of directors decision to slash final dividend by 20%.

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    XRP Price Hovers at $1.11 as Ripple Seals Partnership Deals

    July 11, 2026

    Bitcoin Rallies as Standard Chartered Backs $100k Target Price

    July 11, 2026

    Apple Sues OpenAI for Stealing Trade Secrets

    July 11, 2026

    Naira Slides on FX Market Liquidity Squeeze, US Dollar Rally

    July 10, 2026

    Stanbic IBTC, Guinness Drag NGX Index, Investors Lose N102bn

    July 10, 2026

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