News
BUA Foods sinks 6% as food stocks face a selling wave
BUA Foods drops to ₦714 per share as Nascon hits the NGX 10% daily limit and Northern Nigeria Flour Mills falls close behind.
Hillary RemyAug 15, 2026
Finance Category
News
Page 15 of 32
News
Transcorp Power slides to 52-week low in Friday rout
Transcorp Power sat at its 52-week floor of ₦219.60 on August 14 as the broader NGX selloff dragged the stock deeper into yearly-low territory.
Peace LongeAug 15, 2026
News
PwC warns of tax traps in Nigeria’s crypto rules
PwC Nigeria flagged critical gaps in the country’s first virtual asset tax framework that could over-tax compliant crypto investors and exchanges.
Damilola EsebameAug 15, 2026
News
Dangote Sugar lands ₦486bn despite crushing debt
Dangote Sugar pulled off one of Nigeria’s largest equity raises with investors piling in, even as the refiner carried a staggering ₦628 billion debt load on its books.
Damilola EsebameAug 15, 2026
News
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 story underneath the selloff may surprise you.
Hillary RemyAug 14, 2026
News
Dangote Refinery shelves foreign listing for 3+ years
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.
Damilola EsebameAug 14, 2026
News
Nestle holds at ₦2,800 while peers crumble around it
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.
Peace LongeAug 14, 2026
News
Seplat sets ₦1,360 rate for Q2 dividend payout
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.
Tobi Opeyemi AmureAug 13, 2026
News
Dangote Sugar draws 73,000 shares and still edges up
Dangote Sugar closed higher on a session that wiped ₦1.76 trillion from the NGX, and the reason goes beyond one good day.
Peace LongeAug 13, 2026
News
BUA Cement buckles below ₦300 in broad market retreat
BUA Cement shares fell nearly 9% in a single session, dragged down by broad selling pressure that erased trillions in NGX market value.
Damilola EsebameAug 13, 2026
News
Zenith Bank and GTCO slip as mid-tier lenders surge
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.
Hillary RemyAug 12, 2026
News
Guinness Nigeria drops 9% in broad NGX selloff
Guinness Nigeria shed nearly 9% on August 11 as a sweeping selloff erased N1.17 trillion from the Nigerian Exchange in one session.
Peace LongeAug 12, 2026
Newsletter
The Weekly Financial Edge
One email every Sunday. The week’s most useful guides, market-moving stories, and practical tools — chosen by our editors.