Tuesday, June 2, 2026
Markets
Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks
The Central Bank of Nigeria (CBN) has barred three major banks from paying dividends to shareholders for the 2025 financial...
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Nestlé Nigeria Publishes List of Unclaimed Dividends
Nestlé Nigeria PLC (NGX: NESTLE) has announced the publication of its list of unclaimed dividends in compliance with Section 429(1)...
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Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer
Champion Breweries Plc has increased its share capital following the successful listing of additional ordinary shares on the Nigerian Exchange...
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NGX Delists DN Tyre, Greif Nigeria from Official List
The Nigerian Exchange Limited (NGX), through its regulatory arm, NGX Regulation Limited, has delistex DN Tyre and Rubber Plc and...
Read moreUnilever Nigeria Discloses Foods Deal with McCormick
Unilever Nigeria Plc (NGX: UNILEVER) has formally disclosed to the Nigerian Exchange that its parent company, Unilever Plc, has signed...
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Nigeria Regains Frontier Market Status in Major Boost for Stocks
FTSE Russell has reclassified Nigeria from “Unclassified” (Standalone) back to Frontier Market status, providing a fresh boost to the Nigerian...
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VFD Group Lists 5.07 Billion New Shares on NGX
VFD Group Plc (NGX: VFDGROUP) has listed 5,067,396,400 new ordinary shares on the Nigerian Exchange Limited (NGX) after completing its...
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FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued six new import licences for Premium Motor Spirit (petrol),...
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Dangote Refinery Slashes Petrol Gantry Price to ₦1,200/litre
Dangote Petroleum Refinery has reduced its ex-gantry price of Premium Motor Spirit (PMS) to ₦1,200 per litre, a drop of...
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CBN Grants International Oil Companies Full Access to Export Forex Earnings
The Central Bank of Nigeria (CBN) has directed Authorised Dealer Banks to allow International Oil Companies (IOCs) unrestricted access to...
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