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Skyway Aviation hits 52-week high then crashes 10%
Skyway Aviation shares touched a record peak before reversing sharply, raising questions about the stock’s valuation after a 152% rally.
Tobi Opeyemi AmureJun 30, 2026
Finance Category
News
Page 25 of 32
News
Wema Bank holds flat at ₦25 despite 1.2m shares traded
More than 1.2 million Wema Bank shares changed hands on June 29 without moving the price, a striking signal in a session where the broader NGX lost 1.57%.
Hillary RemyJun 30, 2026
News
Dangote taps UAE oil as Gulf crude floods back to market
Africa’s largest refinery just made its first Middle East crude purchase, and the timing says everything about where Dangote is headed next.
Damilola EsebameJun 29, 2026
News
First HoldCo surges 10% after listing 1 billion shares
First HoldCo’s stock rallied as investors digested a massive private placement and Femi Otedola’s growing grip on Nigeria’s oldest lender.
Hillary RemyJun 29, 2026
News
GTCO leads banking rally with 10% gain on a rough week
GTCO posted a 10% weekly gain as banking stocks defied a broad NGX selloff that hammered oil and industrial shares.
Peace LongeJun 29, 2026
News
Nigeria taps $1.5bn from $5bn UAE deal IMF flagged
Nigeria pulled $1.5 billion from a $5 billion derivatives deal with the UAE’s largest lender, ignoring warnings from the IMF, Fitch, and Moody’s about the risks involved.
Tobi Opeyemi AmureJun 27, 2026
News
NGX sheds nearly ₦1trn as 37 stocks stumble on Friday
Aradel Holdings hit the daily price floor for a second straight session as bears tightened their grip on the NGX, dragging 37 stocks lower and wiping nearly ₦1 trillion off market capitalization.
Hillary RemyJun 27, 2026
News
Aradel holds flat at ₦1,575 while oil peers slide
Aradel Holdings barely moved on June 25, but three of its closest oil sector rivals dropped close to the daily limit.
Peace LongeJun 26, 2026
News
S&P Global lifts Nigeria’s inflation call to 16.9%
S&P Globals hiked its 2026 projection by nearly two percentage points and trimmed Nigeria’s economic growth forecast in the same report.
Hillary RemyJun 25, 2026
News
Cadbury Nigeria slides 8% as food giants face selloff
Cadbury Nigeria dropped 8% as a broad wave of profit-taking swept through consumer goods stocks on the Nigerian Exchange, in a session that erased trillions in market value.
Damilola EsebameJun 25, 2026
News
Seplat sheds ₦1,136 in one session as oil stocks sink
Seplat Energy hit the daily circuit-limit floor as profit-taking wiped ₦3.64 trillion from the Nigerian Exchange in a single session.
Peace LongeJun 25, 2026
News
Private sector credit edges past ₦81tn amid 26.5% rate
Private sector credit crossed ₦81 trillion in May, but with lending rates as high as 46% and just 9.4% of GDP reaching businesses, the real question is who that growth is actually serving.
Hillary RemyJun 24, 2026
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