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Transcorp Hotels stumbles 9% from its 52-week peak
Transcorp Hotels shed ₦20.90 per share in a single session as profit-taking dragged Nigeria’s biggest hospitality stock away from record territory, but the stor…
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Transcorp Hotels shed ₦20.90 per share in a single session as profit-taking dragged Nigeria’s biggest hospitality stock away from record territory, but the story underneath the selloff may surprise you.

Dangote Refinery is preparing what could become Africa’s largest IPO, but the company’s CEO just slammed the brakes on a key part of the global expansion plan.

Nestle Nigeria barely moved on August 13 as BUA Foods, Guinness, and NASCON each shed roughly 10% in a consumer goods rout that erased N613 billion from the NGX.
The VAT increase rumor in Nigeria refuses to die, but the final law tells a different story from the one most people heard first.

The Nigeria Tax Act forces parent companies of large multinational groups to pay a top-up tax in Nigeria, closing gaps that once let profits sit untaxed in low-rate jurisdictions abroad.

Seplat Energy has locked in the naira conversion rate for its record quarterly dividend, and the number carries real weight for every NGX shareholder expecting a deposit on August 28.

Dangote Sugar closed higher on a session that wiped ₦1.76 trillion from the NGX, and the reason goes beyond one good day.

BUA Cement shares fell nearly 9% in a single session, dragged down by broad selling pressure that erased trillions in NGX market value.

Zenith Bank and GTCO closed lower on August 11 as Fidelity Bank, Sterling, and Wema Bank posted gains in a session that wiped ₦1.17 trillion from the NGX.
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