News
Aradel Holdings slides 8% days after ₦23 dividend
Aradel Holdings, one of Nigeria’s largest indigenous oil stocks, has shed over 30% from its 52-week peak, and the stock continues to bleed value.
Damilola EsebameJul 24, 2026
Finance Category
News
Page 20 of 32
News
MTN Nigeria sits flat at ₦850 as blue chips split
MTN Nigeria barely moved on July 23 while premium banking stocks rallied and several large-caps crashed into the daily limit.
Peace LongeJul 24, 2026
News
Tax Ombud details plan to rebuild taxpayer trust
Nigeria’s first Tax Ombud rolls out a digital complaint system and international partnerships to repair citizens’ fractured confidence in the country’s revenue agencies.
Tobi Opeyemi AmureJul 24, 2026
News
Trump slaps 12.5% tariff on imports from Nigeria
Nigeria lands in the 12.5% tariff tier as Washington rolls out new trade duties on 60 economies, and the fallout could reshape a $15 billion commercial relationship.
Damilola EsebameJul 24, 2026
News
Airtel Nigeria’s revenue soars 50% as naira rallies
Airtel posted a blockbuster Nigerian quarter, but a closer look at the numbers reveals a tug-of-war between organic growth and a currency windfall.
Tobi Opeyemi AmureJul 23, 2026
News
Vitafoam drops nearly 10% in sharp midweek retreat
Vitafoam Nigeria shed ₦18.80 per share on July 22, falling far harder than the broader NGX in a session that points to targeted profit-taking after months of steep appreciation.
Peace LongeJul 23, 2026
News
Calvados grabs 706m First HoldCo shares in insider buy
Calvados Global Services, the Otedola-linked investment vehicle, purchased over 706 million First HoldCo shares at a premium, lifting the chairman’s stake past 21%.
Hillary RemyJul 23, 2026
News
Nigeria’s reserves surge past $52bn to a 17-year high
Nigeria’s reserves now cover 11 months of imports after the Central Bank confirmed a $52.52 billion stockpile, blowing past its own full-year forecast with five months still left in 2026.
Hillary RemyJul 22, 2026
News
Okomu Oil slips 7% as palm oil giants stumble
Okomu Oil and Presco, Nigeria’s two largest listed palm oil producers, lost a combined ₦371 billion in market value during the July 21 session, even as the broader NGX index edged higher.
Peace LongeJul 22, 2026
News
Airtel Africa snaps up 841,000 shares in one week
Airtel Africa has purchased over 841,000 ordinary shares across five trading sessions, pushing its total buyback past 13.7 million shares since the program launched in May 2026.
Damilola EsebameJul 22, 2026
News
Skyway Aviation nosedives 10% from its 52-week peak
Skyway Aviation shares slid to ₦154.10 on the same session they touched a record high, raising questions about whether the stock’s rally has run out of altitude.
Hillary RemyJul 21, 2026
News
Cadbury Nigeria quietly surges 10% past ₦62 at NGX
Cadbury Nigeria jumped to its highest close in weeks as a Mondelez subsidiary outpaced every consumer goods peer on the board.
Peace LongeJul 21, 2026
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