AVA Capital set for NGX listing to strengthen market visibility
By Peter Egwuatu AVA Capital Plc, an integrated financial services group with operations in investment banking, asset management, securities trading and trusteeship, is set to list on the Nigerian Exchange Limited (NGX) by way of Listing by Introduction on Friday. According to a statement made available to Vanguard, the listing is a strategic transition into the […]
Mutual Funds assets grow 92% as investors increase patronage
By Peter Egwuatu Nigeria’s mutual funds are seeing strong growth, with total assets rising 92.6 per cent in one year as more investors put money into these investment products. According to data from the Securities and Exchange Commission (SEC), the total Net Asset Value (NAV) of mutual funds reached N7.416 trillion on November 28, 2025, up […]
Zichis Agro Allied Industries sets to list 600m shares on NGX
By Peter Egwuatu Zichis Agro Allied Industries Plc , has concluded arrangements to list 6000,000,000 ordinary shares of 50 kobo each at N1.81 per share on the floor of the Nigerian Exchange Limited, NGX following approval of the regulatory authorities. The company, at its completion board meeting for the listing by introduction on the Growth […]
NGX Pension Broad Index surpasses All Share Index with 59.72% return in 2025
By Peter Egwuatu The NGX Pension Broad Index, a benchmark for pension-compliant equity investments, recorded a 59.72% return in 2025, outperforming the NGX All-Share Index (ASI), which gained 51.19% over the same period. The index closed the year at 2,917.84 points, up from 1,826.89 points at the end of 2024, reflecting strong performance by pension-eligible […]
Heineken boss resigns after ‘turbulent’ six-year stint
The chief executive of Dutch brewer Heineken unexpectedly announced his resignation Monday, as the company grapples with lower beer sales and job cuts in a difficult economic environment.
FG set to review tariff policies to boost local production
The federal government has commenced strategic review of tariff policies to encourage local production, protect domestic industries, and ease the cost of doing business. This followed a high-level meeting with the Tariffs Review Board and the Minister of State for Finance, Dr Doris Uzoka-Anite, where existing tariff regimes were weighed against the backdrop of rising production […]
