Fitch Upgrades Ghana’s 2025 Growth Forecast to 4.9% Amid Economic Stability and Strong Agricultural Recovery
Fitch Solutions has raised Ghana’s 2025 economic growth forecast to 4.9%, up from its earlier projection of 4.2%, citing signs…
Category: Market
European Markets Set to Rise as Defense Stocks Surge and UK Borrowing Data Released
European stock markets are poised to open higher on Tuesday, extending gains seen at the start of the week. London’s…
European Stocks Rise as Markets Shake Off U.S. Banking Fears and Focus on Earnings
European stocks started the week on a positive note, brushing off recent worries about bad loans in the U.S. banking…
Nigerian Stocks Set for Bullish Week as Investor Confidence Strengthens and Inflation Eases
Analysts have expressed optimism that the Nigerian equities market will sustain its upward momentum this week, buoyed by improving investor…
European Markets Mixed as Investors Weigh Economic Uncertainty and Earnings Outlook
European markets opened on a mixed note Thursday, reflecting ongoing volatility across global exchanges. The pan-European Stoxx 600 edged slightly…
Cautious Trading Drags Nigerian Stock Market Down by ₦4 Billion
The Nigerian stock market opened the week on a subdued note as cautious trading activity wiped off about ₦4 billion…
Asia Stocks Rebound Despite U.S.-China Trade Tensions as Investors Bet on Economic Resilience
Asian markets rallied on Wednesday, defying Wall Street’s overnight losses as investors brushed off escalating tensions between the United States…
European Stocks Rebound as Traders Monitor U.S.-China Trade Tensions and French Political Moves
European markets opened higher on Wednesday, recovering from a two-week low as investors weighed renewed tensions between the United States…
European Stocks Slip as Trade Tensions Resurface; Michelin Plunges 9% Amid Tariff Pressures
European markets opened lower on Tuesday, wiping out the week’s early optimism as renewed trade tensions between the United States…
Transcorp Power Leads Market Rally as NGX Capitalization Hits N93.7 Trillion
The Nigerian stock market kicked off the week on a bullish note as the All-Share Index surged by 729.2 points,…
European Markets Fall as U.S.–China Trade Tensions Resurface and Investor Confidence Wavers
European stock markets opened lower on Tuesday, reversing the upbeat sentiment seen at the start of the week. The downturn…
Dangote’s Wealth Soars by $497 Million as Nigerian Stocks Rally on NGX
Africa’s richest man, Aliko Dangote, saw his fortune surge by $497 million in the week ending October 10, 2025, as…
Nigerian Stocks Hit 1-Year High as Investor Confidence Soars Amid Stable FX and Strong Earnings
The Nigerian stock market extended its winning streak last week, climbing to a fresh 52-week high as investor confidence surged…
European Markets Rise Despite Renewed U.S.-China Trade Tensions
European stocks opened higher on Monday, showing resilience amid fresh trade tensions between the United States and China. The pan-European…
European Defense Stocks Fall as Trump-Brokered Middle East Peace Deal Sparks Market Jitters
European markets opened mixed on Friday as investors digested the early stages of a U.S.-brokered Middle East peace agreement and…
Where Nigerians Should Invest ₦1 Million in Q4 2025: Stocks, Gold, or Fixed Income?
As Nigeria enters the final quarter of 2025, many investors are asking one critical question: where should I invest ₦1…
Novo Nordisk Shares Fall as Pharma Giant Announces $4.7 Billion U.S. Biotech Acquisition
Shares of Danish pharmaceutical leader Novo Nordisk slid by 2.4% on Thursday following its announcement to acquire U.S. biotech firm…
FTSE Russell Adds Nigeria to Watch List for Frontier Market Reclassification Amid FX Reforms
Nigeria’s path back to the global investment spotlight brightened this week as FTSE Russell announced it has added the country…
FGN Savings Bond: DMO Opens October Offer at 14.06% and 15.06% to Attract Retail Investors
The Debt Management Office (DMO) has opened subscriptions for the October 2025 issuance of the Federal Government of Nigeria (FGN)…
European Stocks Dip as French Political Crisis and German Factory Data Weigh on Markets
European stocks edged lower on Tuesday as uncertainty surrounding France’s political crisis rattled investor sentiment. The pan-European Stoxx 600 index…
Trillion-Naira Club: Top 10 Most Profitable Stocks Driving NGX Growth in Q3 2025
Nigeria’s equities market recorded an impressive 18.95% return in Q3 2025, largely driven by a powerful rally among heavyweight stocks…
French Stocks Plunge as Prime Minister Sebastien Lecornu Resigns After Just Weeks in Office
French markets opened sharply lower on Monday after Prime Minister Sebastien Lecornu unexpectedly resigned less than a month into his…
Investor Panic as Nigeria’s 25% Capital Gains Tax on Equities Sparks Fears of Capital Flight
Nigeria’s capital market is reeling from fresh anxiety following confirmation that a 25% Capital Gains Tax (CGT) on share disposals…
European Stocks Hit New Highs Amid Raiffeisen Surge and Tech Rally
European stocks continued their upward momentum on Friday, extending gains after regional indexes touched fresh record highs earlier in the…
SEC DG Calls for Urgent West African Capital Market Integration to Drive Infrastructure, Jobs, and Digital Growth
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged West African nations to accelerate the…
Asian Stocks Rally on Fed Rate Cut Hopes, AI Boom and Safe-Haven Gold Demand
Asian stock markets are on track for solid weekly gains as investors bet on a near-term interest rate cut by…
Gold Surges Toward $4,000 as U.S. Government Shutdown Fuels Safe-Haven Demand
Gold prices surged to historic levels on Wednesday, approaching the $4,000-per-ounce mark, as the United States entered its first government…
Stock Market Investors Gain N1.8 Trillion in September Amid CBN Reforms
Investors in Nigeria’s stock market smiled to the bank in September 2025, as market capitalization surged by N1.8 trillion on…
Nigeria’s External Reserves Surge to $42.2 Billion — Highest in Six Years Amid Oil Output Gains and FX Reforms
Nigeria’s foreign exchange buffer has reached its strongest level in more than six years, crossing the $42 billion mark despite…
Dollar Holds Firm as Markets Eye U.S. Spending Data and Fed Rate Path Amid New Tariffs
The U.S. dollar held steady near multi-week highs on Friday as stronger-than-expected economic data dampened expectations for further monetary easing…