In a groundbreaking transaction, Huaxin Cement, a leading Chinese cement manufacturer, is set to acquire an 83.81% stake in Lafarge Africa Plc from Holcim Group. The deal, announced on December…
The Nigerian Exchange (NGX) All Share Index (ASI) closed slightly lower today at 97,702.6 points, recording a decline of 31.3 points (-0.03%). This performance reflects a subdued trading session marked…
Nigeria’s investment landscape is brimming with high-yield opportunities for savvy investors, from equities and real estate to fixed income and alternative investments. Despite economic challenges like inflation and currency volatility,…
Dividend-paying stocks remain a cornerstone for investors looking for stable returns, and the Nigerian Stock Exchange offers several attractive options. With rising interest in income-generating investments amidst economic challenges, identifying…
The Nigerian Exchange (NGX) closed on a positive note today, gaining 0.23% or 227 points, to settle at 97,733.9. This upward movement came amidst a backdrop of mixed global market…
Introduction: The Need for Diversification Nigeria’s economy has long been dominated by the energy sector, particularly oil and gas, which account for over 90% of export revenues and a significant…
Forex (foreign exchange) policies are a cornerstone of Nigeria’s economic framework, directly shaping the performance of key industries. Import-dependent sectors like manufacturing, retail, and technology are particularly sensitive to these…
Lafarge Africa’s recent 31% surge in share price has turned heads in the Nigerian stock market, raising important questions about the resilience and potential of the cement industry. The growth,…