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…
Category: Market
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…
Nigerian Equities Market Rebounds as Investors Inject N279bn, Boosting Market Capitalisation
The Nigerian equities market staged a strong comeback on Thursday, reversing earlier losses with a N279 billion boost to market…
First HoldCo Chairman Otedola acquires N1.21 billion direct shares, increases indirect stake
First HoldCo Plc has revealed that its Group Chairman, Mr Olufemi Otedola, a significant shareholder, has increased his stake in…
Asian Stocks Pause Amid Yen Weakness, Oil Slips as Investors Await Fed Signals
Asian stock markets took a breather on Thursday after a strong rally in recent weeks, as investors searched for new…
Investors Lose ₦322bn as NGX Slumps for Second Day Amid Weak Sentiment
The Nigerian Exchange (NGX) sustained its bearish run on Tuesday, with investors losing about ₦322 billion in market value as…
European Stocks Dip as Powell Flags High Valuations; Defense Shares Rally on Trump’s Ukraine Comments
European markets slipped on Wednesday morning as investors digested a warning from U.S. Federal Reserve Chair Jerome Powell about inflated…
Indian Tech Stocks Tumble Nearly 3% After Trump’s $100,000 H-1B Visa Fee Hits IT Sector
Indian technology stocks slid sharply on Monday, falling almost 3%, after U.S. President Donald Trump announced a steep new $100,000…
Nigeria SEC Approves Mark-to-Market Valuation for Bonds, Ushers in Transparency Era for Fund Managers
The Securities and Exchange Commission (SEC) of Nigeria has approved a landmark reform requiring fund managers to value fixed income…
Nigerian Stocks Outperform Inflation: What August 2025’s Drop Means for Equity Investors
Nigeria’s stock market is extending its winning streak, delivering returns well above the country’s cooling inflation rate. With August inflation…
Continental Stock Soars 32% After Aumovio Spin-Off Amid European Market Gains
European markets opened higher on Friday as investors weighed trade developments and economic data across the region. The pan-European Stoxx…
Nigerian Stock Market Adds ₦309bn as Investors Snap Up Dangote Cement and Blue-Chip Shares
The Nigerian stock market closed firmly in positive territory on Tuesday, adding a hefty ₦309 billion to its value as…
CSCS Records ₦2.1 Trillion Transactions in Four Months, Plans T+2 Settlement to Boost Market Efficiency
The Central Securities Clearing System (CSCS) has announced a major surge in trading activity, recording securities transactions worth ₦2.112 trillion…
European Stocks Climb as Traders React to U.S. Fed Rate Cut and Await Bank of England Decision
European shares opened higher on Thursday morning as investors digested the U.S. Federal Reserve’s latest interest rate cut and braced…
Nigerian Stock Market Gains N309bn in One Day as Investor Confidence Rises
The Nigerian stock market surged on Wednesday, adding ₦309 billion in market value in a single trading session as renewed…
Nigerian Stock Market Loses ₦79 Billion as 27 Equities Decline on NGX
The Nigerian Exchange (NGX) closed on a weak note on Tuesday as market capitalisation fell by ₦79 billion following widespread…
Dollar Weakens, Gold Hits Record High as Markets Await Fed Rate Decision
Global markets steadied on Wednesday as investors braced for a widely expected interest rate cut from the U.S. Federal Reserve,…
Cedi Loses Steam: Ghana’s Currency Appreciation Against Dollar Slows to 21% Amid Market Pressures
Ghana’s cedi, which dazzled global markets with record gains earlier this year, is now losing momentum. New Bank of Ghana…
European Stocks Dip as U.S.-China Trade Talks and Fed Decision Loom
European equities opened slightly lower on Tuesday as investors weighed the latest signals from ongoing U.S.-China trade negotiations. The pan-European…
Asia Stocks Hit Four-Year Highs as Dollar Slips; Investors Await Fed Rate Cut Decision
Asian equities surged to multi-year highs on Tuesday while the U.S. dollar weakened, as global investors positioned for an anticipated…
Nigeria’s Forex Market Stabilizes as IMTO Diversions Ease, Oil Dollar Inflows Rise
Nigeria’s foreign exchange market is seeing a rare moment of calm as licensed currency traders report that International Money Transfer…