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SEC launches campaign to recover unclaimed dividends, inherited assets

SEC launches campaign to recover unclaimed dividends, inherited assets

By Obas Esiedesa The Securities and Exchange Commission (SEC) has launched a nationwide campaign to help investors and beneficiaries recover unclaimed dividends and inherited investments, as part of efforts to strengthen investor protection and reduce dormant assets in Nigeria’s capital market. The initiative which was unveiled in Abuja through the Probate/Unclaimed Monies Awareness and Investor Clinic, […]

Nigerian Breweries’ revenue up 9% to N804 bn

Nigerian Breweries’ revenue up 9% to N804 bn

… restores retained earnings to positive   By Peter Egwuatu  Nigerian Breweries Plc, Nigeria’s foremost brewing company, has announced a strong performance for the first half of the 2026, recording a group revenue of N804 billion, representing a 9% increase over the N738 billion reported in the corresponding period of 2025. The company has also restored its […]

Truck owners seek refunds over cancelled E-Call-Up bookings

Truck owners seek refunds over cancelled E-Call-Up bookings

By Godwin Oritse The Association of Maritime Truck Owners (AMATO) has demanded an urgent review of the Electronic Call-Up (ETO) system following recurring cancellations of paid truck bookings, describing the practice as unfair and contrary to consumer protection laws. AMATO said truckers incur avoidable losses whenever bookings expire due to operational delays beyond their control, forcing […]

Economic activities expand second straight month despite industry contraction — CBN

Economic activities expand second straight month despite industry contraction — CBN

By Elizabeth Adegbesan Economic activity in Nigeria expanded for the second consecutive month in July 2026 as the Central Bank of Nigeria (CBN) Purchasing Managers’ Index (PMI) rose to 51.1 points, although the industrial sector remained in contraction. The CBN disclosed this in its latest PMI report, stating that the composite PMI edged up from the […]

Stock market extends rally as investors position for earnings season

Stock market extends rally as investors position for earnings season

By Peter Egwuatu The Nigerian stock market has sustained its positive momentum on Week-on-Week, WoW, as renewed buying interest in blue-chip stocks outweighed widespread profit-taking across the broader market. The benchmark, Nigerian Exchange (NGX) All-Share Index, ASI, closed marginally higher by 0.1%    at 245,573.60 points from 245,283.68 the previous week, arising from sustained institutional demand […]