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Nigerian Exchange Limited

Stanbic IBTC Nominees Marks 30 Years as Custody Leader

MOTOLANI OSENI Stanbic IBTC Nominees Limited has commemorated three decades of operations with a landmark gala themed “30 Years of Trust,” reaffirming its strategic role in safeguarding assets and strengthening Nigeria’s capital market infrastructure. The event brought together regulators, institutional investors, market operators and senior executives across the financial services industry to celebrate the firm’s […]

International Breweries Announces Resignation of MD Carlos Coutino

International Breweries Nigeria Plc has announced the resignation of its Managing Director and Board member, Mr. Carlos Coutino, with effect from March 1, 2026. The disclosure was contained in a notice signed by the Company Secretary, Temitope Oluwatosin, and addressed to shareholders, the investing public and the Nigerian Exchange Limited. Mr. Coutino joined the company […]

Listed Firms Pump N3.06trn in Taxes on N7.6trn Profits

vaids

At least 29 listed companies paid N3.06 trillion in taxes to the Federal Inland Revenue Service (FIRS) and other revenue agencies in the first nine months of 2025, representing a 176 per cent increase over N1.11 trillion remitted during the same period in 2024. The firms span key sectors of the Nigerian economy, including telecommunications, […]

NGX gains N982bn in October amid investors’ interest in banking, others

NGX, ASI

Motolani Oseni The Nigerian Exchange Limited (NGX) equities market in October closed on a bullish sentiment, appreciated by N982 billion, amid sustained investors’ interest in banking shares, Oil & Gas, among others. Specifically, the market capitalisation rose by N982 billion to close the October trading sessions at N21.938 trillion from N20.956 trillion at which it […]