Tag: Equity
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Presco Plc Approves N42bn Dividend, Ratifies MD Appointment, and Unveils N250bn Capital Raising Plan at 2025 AGM
Lagos, Nigeria — August 20, 2025 (Naija247news) – Presco Plc, Nigeria’s leading integrated palm oil producer, has ratified a series of major resolutions at its Annual General Meeting (AGM) held on August 19, 2025, at...
Yuletide Shock: Nigerian Airlines Fix Southeast, South-South Fares at ₦350,500 Amid Holiday Rush
Nigerians traveling home for the festive season will face record-breaking airfare costs as two of the nation’s largest carriers – Air Peace Airlines and United Nigeria Airlines – have set their yuletide one-way economy class...
Nigeria Spends $10 Billion Annually on Food Imports — Minister Kyari
The Federal Government has raised concern over the $10 billion Nigeria spends annually on food imports, highlighting the urgent need for innovative financing solutions to boost agriculture and strengthen food security. The call was made...
Nigeria’s N26.4trn Pension Funds Push for Wider Investment Freedom Amid Inflation and Naira Depreciation
Abuja, Nigeria — Naija247news — Nigeria’s pension fund managers, who oversee more than ₦26.4 trillion ($17 billion) in retirement savings, are urging regulators to loosen investment restrictions in order to protect workers’ pensions from being...
NAHCO Delivers 2,048% Investor Return in 12 Years, Targets ₦300bn Revenue by 2029
Investors in Nigerian Aviation Handling Company (NAHCO) Plc have enjoyed an extraordinary 2,048% return over the past 12 years, cementing the ground handling leader as one of the most compelling wealth-creating stocks on the Nigerian...
