News
Nestle and MTN crash up to 10% in brutal session
Nestle and MTN led a broad wave of blue-chip stocks that slammed into their daily price limits on June 23, and the selling may not be over yet.
Damilola EsebameJun 24, 2026
Finance Category
News
Page 26 of 32
News
United Capital insider snaps up 17,000 shares
A United Capital research analyst just put personal money behind the stock, raising questions about what she might be seeing inside the firm.
Peace LongeJun 24, 2026
News
Airtel Africa buys back 333,560 more shares in one week
Airtel Africa’s $110 million buyback machine keeps grinding as more than 7.7 million shares vanish from the open market in just one month.
Damilola EsebameJun 23, 2026
News
Naira firms at ₦1,369 as forex market shifts
The naira’s latest gain against the dollar looks modest, but a 63% surge in interbank turnover and record reserves point to something bigger.
Hillary RemyJun 23, 2026
News
Guinness Nigeria drops 10% in consumer goods rout
The brewer’s shares tumbled alongside BUA Foods, Nestle, and Unilever as a broad selloff hit the NGX consumer goods sector on June 22, 2026.
Peace LongeJun 23, 2026
News
Zenith Bank stalls 20% below its 52-week peak at ₦110
Nigeria’s most valuable banking stock has gone flat after its record April rally, and the gap between price and fundamentals raises questions about what comes next.
Hillary RemyJun 22, 2026
News
First HoldCo crashes 20% in NGX weekly bloodbath
The parent company of First Bank of Nigeria dropped by a fifth in five trading sessions as the broader Nigerian market shed ₦5.64 trillion in investor wealth.
Peace LongeJun 22, 2026
News
NGX Banking Index sheds 10% in brutal weekly selloff
Banking stocks bore the brunt of a five-day rout that wiped trillions from the NGX, with tier-one names like GTCO and First HoldCo leading the losses.
Damilola EsebameJun 22, 2026
News
BUA Cement drops 10% as building stocks face pressure
Nigeria’s second largest cement maker closed at its daily price floor, and it was not the only building stock that buckled on June 18.
Hillary RemyJun 20, 2026
News
Dangote insider offloads ₦34m in Nascon shares
A senior Dangote group staffer disposed of 173,400 Nascon shares in a single transaction, raising fresh questions about insider sentiment at one of Nigeria’s strongest consumer goods performers.
Damilola EsebameJun 20, 2026
News
Nigerian Breweries churns 80,000 shares but barely moves
Nigeria’s largest brewer traded 80,000 shares on June 18, a thin volume for a stock that averages millions per session, yet the price barely budged while the broader market shed ₦2.18 trillion in value.
Peace LongeJun 20, 2026
News
Flutterwave puts Nigeria at the centre of a $3.2B bet
Ripple’s equity investment positions Nigeria’s largest fintech at the center of a stablecoin-powered cross-border payment corridor across Africa.
Tobi Opeyemi AmureJun 19, 2026
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