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Transcorp Hotels soars past its 52-week high on NGX
Something shifted for Transcorp Hotels on the Nigerian Exchange this week, and the numbers suggest the move was anything but subtle.
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Something shifted for Transcorp Hotels on the Nigerian Exchange this week, and the numbers suggest the move was anything but subtle.

The person responsible for MTN Nigeria’s financial strategy just put ₦218 million of personal capital behind the company’s stock price trajectory.

Vitafoam Nigeria opened June 15 at its 52-week high of ₦210 per share, a level first reached on June 10 after an 8.25% single-day rally on the Nigerian Exchange.

Ecobank Transnational Incorporated opened the trading week carrying an “X” marker on the Nigerian Exchange, confirming it was trading without its dividend for the first time since 2022.

Grocery bills and fuel costs kept climbing for Nigerian households during May as the country’s annual inflation rate rose for a third consecutive month.

A 10% single-session decline in one of Nigeria’s most recognizable infrastructure stocks would normally trigger urgent conversations across the trading floor.

The Federation Account Allocation Committee distributed ₦2.257 trillion for April, a jump of roughly ₦217 billion from the previous month.

If you bank with any of Nigeria’s major financial institutions, the company behind your account likely owns a fintech, an insurance arm, or a microfinance subsidiary.

Nigeria collected a record ₦2.42 trillion in Value Added Tax during the first three months of 2026, a figure that paints a rosy picture of the country’s expanding tax base.
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