Prime Business Editorial

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Over N658bn Lost In Stock Market As Oando, Honeywell Shares Decline

On Monday, April 7, the Nigerian stock market’s all-share index (ASI) declined by 1,295.02 basis points to close at 104,216.87 ASI from 105,511.89 ASI. This dragged the market capitalisation down by N658.22

Prime Business Africa

April 8, 2025

Naira Scarcity: Zenith Bank's Profit Drops To N223.91bn, Faces N967bn Lawsuits

Markets

Zenith Bank Chairman, Jim Ovia, Rakes In N26.88bn As Shares Soar

Jim Ovia, the chairman of Zenith Bank, has made a whopping N26.88 billion through his investment in the financial institution in 2024, following a 13.01 percent increase in the company’s share price.

Prime Business Africa

April 7, 2025

Markets

Decline In FX Gain Slows UBA’s Profit Growth

After an impressive period in 2023, which saw the United Bank for Africa (UBA) record an impressive 256.88 percent increase in profit after tax (PAT), the company’s net income growth slowed significantly

Prime Business Africa

April 7, 2025

Markets

Global Events: U.S. Tariff War Intensifies

The U.S. tariff war has taken a dramatic turn, with former President Donald Trump launching sweeping new import tariffs. This move aims to correct long-standing trade imbalances and revive domestic manufacturing. The

Prime Business Africa

April 7, 2025

Markets

Stock Market: Livestock Leads Gainers’ List, AXA Mansard Tops Losers

The stock market capitalisation depreciated slightly on Friday, 4 April 2025, to N66.14 trillion from N66.15 trillion reported the previous day. According to data obtained from the Nigerian Exchange Limited (NGX), the

Prime Business Africa

April 4, 2025

Total Energies’ shareholders lose N6.21bn to decline in investor confidence

Markets

Total Energies’ Shareholders Lose N6.21bn Due To Decline In Investor Confidence

After failing to meet its projections in 2024, stock market investors’ confidence in Total Energies, an oil and gas company, dropped in the first quarter of 2025. The lack of interest among

Prime Business Africa

April 4, 2025

Markets

MTN Shares: Net FX Loss Of N925bn Costs MTN Shareholders Dividends

After a year of investing in MTN shares, hoping to receive dividends at the end of 2024, the company’s shareholders were not compensated. The company’s inability to pay shareholders dividends is linked

Prime Business Africa

April 4, 2025

Business·News

Govt, Business Leaders Meet In Abuja For Infrastructure Summit

All is now set for the third edition of the annual infrastructure dialogue organised by Deutsche Partners Holding (DPH) Ltd, to drive conversation and interest in filling the infrastructure deficit in the

Prime Business Africa

April 4, 2025

Markets

Access Holdings’ Shareholders Lose N93bn In Three Months – Drops On Most Valuable Bank Ranking

The first quarter of 2025 was not a good period for shareholders of Access Holdings, as their investment value in the company depreciated by 7.26%. During the reviewed period, Prime Business Africa

Prime Business Africa

April 3, 2025

Markets

Total Energies Fails To Meet Q4 2024 Forecast As Profit Drops By 80.9%

On 10 September 2024, Total Energies Marketing Nigeria forecast that the company would record N237.9 billion revenue in the fourth quarter (Q4) of 2024, with profit after tax (PAT) reaching an ambitious

Prime Business Africa

April 3, 2025

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Prime Business Africa

Over N658bn Lost In Stock Market As Oando, Honeywell Shares Decline

Zenith Bank Chairman, Jim Ovia, Rakes In N26.88bn As Shares Soar

Decline In FX Gain Slows UBA’s Profit Growth

Global Events: U.S. Tariff War Intensifies

Stock Market: Livestock Leads Gainers’ List, AXA Mansard Tops Losers

Total Energies’ Shareholders Lose N6.21bn Due To Decline In Investor Confidence

MTN Shares: Net FX Loss Of N925bn Costs MTN Shareholders Dividends

Govt, Business Leaders Meet In Abuja For Infrastructure Summit

Access Holdings’ Shareholders Lose N93bn In Three Months – Drops On Most Valuable Bank Ranking

Total Energies Fails To Meet Q4 2024 Forecast As Profit Drops By 80.9%

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