Home ngx

ngx

28 Articles
Capital

Domestic Investors Fuel NGX 57% Surge as Foreign Participation Drops to 12.1%

BY NKECHI BAECHE-ESEZOBOR—Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede, said Nigeria’s equities market recorded a 57 per cent return in the first...

Capital

NGX Trading Volume Surges 127% as Investors Exchange ₦176.06bn in One Week

Trading activity on the nations bourse recorded a sharp increase in the week ended August 14, 2026, as investors exchanged 12.153 billion shares...

Insurance World

NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128...

Capital

H1 2026: Veritas Kapital Slashes Reinsurance Costs to ₦5.72bn, Posts ₦11.77bn Revenue

BY NKECHI NAECHE-ESEZOBOR—Ahead of recapitalization  deadline, Veritas Kapital Assurance PLC has released its unaudited  financial statements for the half-year ended June 30, 2026,...

Insurance World

Linkage Assurance Plc raises N16.2 billion from Rights Issue

Linkage Assurance Plc (the Company) announces the successful completion of its N16.2 billion Rights Issue, which opened on March 11th, 2026, and closed...

Insurance World

Guinea Insurance Projects ₦2.78bn Profit After Tax for Q3 2026

BY NKECHI NAECHE-ESEZOBOR—Guinea Insurance Plc has released its forecast income statement for the third quarter ending September 30, 2026, projecting a profit after...

Insurance World

Regency Alliance Advances Recapitalisation with 7.37 Billion Share Private Placement

Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation programme aimed at strengthening its capital base and...

Capital

Nigerian Stock Market to Rebound in H2 2026 Despite Economic, Political Risks – Expert

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s stock market is expected to record a mild recovery in the second half of 2026, driven by stronger corporate earnings,...