N4.64tn Wiped Off NGX Market Cap as Stocks Suffer Worst Decline Since 2010
The Nigerian stock market suffered its sharpest single-day fall in over a decade on Tuesday, as bearish sentiment sent the…
Category: Market
Nigeria’s $2.25bn Eurobond Success Reignites Global Investor Confidence
Nigeria has successfully raised $2.25 billion through a dual-tranche Eurobond, marking a significant comeback to the international capital market. The…
European Stocks Rise as Swiss Shares Surge on Hopes of U.S. Tariff Reduction
European markets extended their gains on Tuesday as optimism grew over a possible reduction in U.S. tariffs, lifting investor sentiment…
ASO Savings Leads Gainers as Nigerian All-Share Index Falls Below 149,000 Points
The Nigerian stock market closed lower on Monday, November 10, as the All-Share Index (ASI) slipped by 742.91 points to…
Nigerian Companies Announce Q3 2025 Dividends Totaling N234.9 Billion
Nigeria’s equity market saw a strong wave of dividend announcements in the third quarter of 2025, with twelve companies listed…
European Stocks Rise as U.S. Government Shutdown Nears Resolution
European markets opened higher on Tuesday as hopes grew that the prolonged U.S. government shutdown could soon be over. The…
European Markets Rally as U.S. Government Shutdown Hopes Boost Investor Confidence
European markets opened sharply higher on Monday, driven by growing optimism that a U.S. government shutdown could soon end. The…
Nigerian Stock Market Remains Cautious After ₦2.83 Trillion Loss as Investors Rebalance Portfolios
After a sharp ₦2.83 trillion loss last week, the Nigerian stock market is expected to trade cautiously this week as…
NGX Strengthens Africa’s Islamic Finance Leadership with Expansion of Non-Interest Finance Board
The Nigerian Exchange Limited (NGX) has reaffirmed its leadership in advancing Africa’s Islamic finance landscape with the strategic expansion of…
European Markets Stay Flat as AI Valuation Jitters Weigh on Stocks; Novo Nordisk Slips After Drug Price Deal
European stocks were largely unchanged on Friday, with major indices struggling to recover from Thursday’s losses as investors grew cautious…
Nigeria’s Top Banks Earn N4.8 Trillion from Fixed-Income Investments in 9 Months
Nigeria’s biggest lenders — First HoldCo, UBA, GTCO, Access Corporation, and Zenith Bank, collectively known as FUGAZ — have raked…
Nigerian Stock Market Sheds N1.8 Trillion in Four Days Amid Capital Gains Tax Jitters and Trump’s Threat
The Nigerian Exchange (NGX) suffered another bruising week as panic-driven sell-offs erased about N1.8 trillion in market value within just…
U.S. Dollar Falls as Weak Jobs Data Sparks Rate Cut Bets
The U.S. dollar fell sharply in early Asian trading on Friday, leading losses across major currencies as investors digested weak…
NASCON, Sky Aviation Lead Market Decline as Nigerian All-Share Index Slips 0.72%
The Nigerian stock market closed on a bearish note on Tuesday, November 4, 2025, as the All-Share Index (ASI) dropped…
Investors Lose ₦858 Billion as Market Selloff Hits NGX Amid Trump’s Threat to Nigeria
The Nigerian stock market witnessed a steep decline this week as investors lost an estimated ₦858 billion in two trading…
European Markets Drop as Tech Stocks Lead Global Sell-Off
European markets opened lower on Wednesday as technology stocks led a widespread sell-off, reflecting growing investor concern over inflated valuations…
Nigeria’s Stock Market Slumps as Trump’s Military Threat Rattles Investors; Eurobonds Hold Steady
Nigeria’s stock market continued its downward spiral on Tuesday as investors reacted sharply to U.S. President Donald Trump’s threat of…
Bitcoin Plunge Deepens as Crypto Market Awaits U.S. Jobs Data
The cryptocurrency market faced another turbulent weekend as Bitcoin slipped below the $108,000 mark, extending its recent losses. The world’s…
Nigerian Stocks Lose ₦240bn as Investors Reprice Naira Assets After Trump’s Threat
Nigeria’s stock market kicked off the week on a negative note as investors sold off naira assets following a weekend…
European Markets Fall as Investors React to Earnings and UK Budget Outlook
European markets fell on Tuesday as investors digested a series of corporate earnings reports and remarks from the U.K.’s Finance…
DMO Opens November FGN Savings Bond Offer with Yields Up to 14.565%
The Debt Management Office (DMO) has opened subscriptions for the November 2025 edition of the Federal Government of Nigeria (FGN)…
U.S. Stock Futures Steady as November Trading Begins Amid Earnings Optimism and AI Momentum
U.S. stock futures opened slightly higher on Monday, marking a steady start to November trading as investors digested solid corporate…
Top 10 Best-Performing Nigerian Stocks in October 2025: NGX Extends Bullish Streak with 8% Monthly Gain
The Nigerian Exchange (NGX) ended October 2025 on a bullish note, with the market advancing 8% to cap another month…
European Markets Fall After ECB Decision as Investors Weigh Earnings and Trade Talks
European stock markets opened lower on Friday as investors digested a mix of corporate earnings, economic data, and the European…
JUST IN: Eurozone growth beats expectations in third quarter
The eurozone economy grew faster than expected in the third quarter of 2025, official data showed Thursday. The EU’s data…
European stock markets opened in negative territory on Thursday as investors braced for a packed day of economic updates, major…
NGX Group Market Capitalisation Soars 37.7% to ₦141.75 Trillion Amid Rising Investor Confidence
The Nigerian Exchange Group (NGX) has reported a significant 37.7% growth in its market capitalisation, climbing to ₦141.75 trillion as…
U.S. Stock Futures Hold Steady as Investors Await Fed Rate Cut Decision
U.S. stock futures traded mostly unchanged Tuesday night as investors awaited the Federal Reserve’s key interest rate decision. The Dow…
European Stocks Slip Ahead of Fed Rate Decision as Investors Eye Powell’s Comments and Tech Earnings
European stocks are poised to open lower on Wednesday as investors tread cautiously ahead of the U.S. Federal Reserve’s much-anticipated…
Nigeria’s Stock Market Sees 846% Surge in Foreign Inflows, Hits ₦1.03 Trillion as Investor Confidence Rebounds
Nigeria’s stock market has witnessed a dramatic resurgence in foreign investor confidence, with foreign portfolio inflows soaring by 845.9% to…