Nigeria Stock Market News From Trusted Sources

• Konga represents stretch factor in Nigerian e-commerce – Ibukun AwosikaMrs. Ibukun Awosika, a serial entrepreneur and former Chairman, First Bank of Nigeria Plc., has hailed Konga, Nigeria’s leading composite e-commerce giant as a stretch factor that has taken on and sur
• Microsoft to acquire gaming company, Activision Blizzard, for $68.7 billionMicrosoft is set to acquire Activision Blizzard, the gaming company, for $95 per share valued at $68.7billion inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will b
• Three Nigerian startups named in Y Combinator accelerator programmeThree Nigerian tech startups – Moni, Topship and IdentityPass, have been confirmed as participants in the W22 Y Combinator accelerator programme. Along with other startups across the world, the startu
• Senate moves to restrict FCT landlords to only 3 months rent collectionThe Nigerian Senate has moved to regulate the renting of properties in Abuja, as a bill seeking to restrict landlords in FCT to collect 3 months rent from residents seeking new apartments within the c
• BUA Foods Plc makes impressive debut on listing, beats NGX closing gongThe management of BUA Foods Plc. was on Tuesday, January 18, 2022 hosted to a closing gong ceremony on the main floor of the Nigerian Exchange (NGX) Limited. This was after addressing market stakehold
• LIRS announces January 31 deadline for filing annual tax returns, to impose penalties, sanctionsThe Lagos State Internal Revenue Service (LIRS) has announced January 31, 2022, as the deadline for the filing of annual tax returns by employers of labour. The LIRS said that the filing of the annual
• Stock market makes positive rebound as capitalization grows by N138.05 billionThe NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 58 basis points. The NGX ASI closed at 44,655.89 points, to reflect a growth
• Lagos introduces N800 harmonized daily levy for commercial transporters from February 1The Lagos State Government and transportation stakeholders, which includes the National Union of Road Transport Workers (NURTW) and Road Transport Employers Association of Nigeria (RTEAN), on Tuesday,
• eNaira lags, as China’s digital yuan completes $13.68 billion transactionsThe People’s Bank of China’s digital currency has completed cumulative transactions of 87.57 billion yuan ($13.68 billion) since its inception. Although the eNaira is relatively new, its adoption has
• AXA Mansard refreshes board, appoints non-executive directors, compliance officerAXA Mansard Insurance Plc has announced changes in its board and management. The insurer made this known in a disclosure to the Nigerian Exchange dated January 17th, 2022, and signed by Omowunmi Mabel