Browsing Category
Market
Autos Drive European Markets Up as Trump Hints at Tariff Relief
European markets opened on a strong note Tuesday, with the Stoxx 600 up over 1.2% by mid-morning, powered by a…
European Stocks Surge on Tech Tariff Reprieve, But Uncertainty Lingers
European markets rebounded sharply on Monday, with the pan-European Stoxx 600 index climbing 2.2% as all sectors…
Nigerian Stock Market Declines by 0.18% as LIVESTOCK and VFDGROUP Lead Gainers
The Nigerian All-Share Index (ASI) experienced a decline of 0.18% on April 9, 2025, closing at 104,187.00, down…
Investors Turn Bearish on U.S. Dollar Amid Trump Tariff Concerns
As U.S. President Donald Trump prepares to roll out new tariffs, investors are shifting away from the U.S. dollar,…
Trump Threatens Larger Tariffs on Canada, EU Over Economic Harm to U.S.
U.S. President Donald Trump has warned that he could impose significantly higher tariffs on Canada and the…
Global Stocks Drop as Trump Announces New Auto Tariffs, China Defies the Trend
Global stock markets took a hit on Thursday following U.S. President Donald Trump’s announcement of new 25%…
European Markets Rise on Germany’s Debt Reform and Trump-Putin Call
European stock markets closed higher on March 18, 2025, with investors focusing on key developments including…
European Markets Rise as Germany Passes Debt Reform, Trump and Putin Discuss…
European stock markets saw a positive close on Tuesday, with investor attention focused on Germany's approval of a…
Naira closes flat across FX markets
The naira remained stable across Nigeria's foreign exchange markets on Tuesday as dollar demand eased slightly. At…
Stock Market Gains N330.24bn on Strong Demand for Aradel Holdings and Others
The Nigerian stock market kicked off the week on a positive note, driven by a surge in investor interest for…
Naira appreciates to N1,660/$ in parallel market
The Naira appreciated in the parallel market yesterday, trading at N1,660 per dollar, a slight improvement from…
Equity market gains N704bn
The Nigerian equity market soared by N704bn over six days, pushing the market capitalization above N60tn. At…
NGX slams 3,792 sanctions on erring brokers
The Nigerian Exchange Group (NGX) has imposed 3,792 regulatory sanctions on trading license holders over the past…
Rupee slips to record low but central bank steps in to curb losses
On December 12, the Indian rupee reached an all-time low of 84.88 to the U.S. dollar, marking a 0.04% decline. The…
Stocks steady as investors cautiously await US inflation data
Stocks remained steady on December 11 as investors awaited key U.S. inflation data, which could influence future…
India rupee hits record low, bond yields dip as a change of guard at RBI spurs…
The Indian rupee slipped to a historic low of 84.85 per U.S. dollar on Tuesday, while 10-year bond yields dropped…
Asia stocks slip on South Korea turbulence, China disinflation
Asian stock markets faced a challenging start to the week as South Korean stocks tumbled by 2.4%, driven by…
Asian Stocks Stumble Amid South Korean Political Turmoil and Global Market…
Asian markets faced turbulence as South Korean political upheaval weighed heavily on sentiment. The imposition and…
Dangote Cement Becomes Most Capitalized Stock on NGX
Dangote Cement has surpassed Airtel Africa and 11 other companies to become the most capitalized stock on the…
Asia and Europe stocks climb on the US lead while dollar dips
Asian and European stock markets saw strong gains on December 3, following a rally in US tech stocks that pushed…
Euro Steadies as France Political Crisis Worsens Investor Concerns
The euro stabilized on Tuesday, recovering slightly after political turmoil in France heightened market…
Forex Turnover in NAFEM Jumps 62 Percent to $43 Billion Amid Naira’s Mixed…
The Nigerian Foreign Exchange Market (NAFEM) recorded a 61.9% year-on-year increase in dollar turnover, reaching…
CBN’s interest rate hike deflates stock market performance
The Nigerian Exchange Limited (NGX) closed last week on a negative note, reflecting the impact of the Central Bank…
Bitcoin Faces Volatility as Traders Hedge Against Decline
Bitcoin's recent failure to surpass the $100,000 milestone has prompted a wave of caution among investors,…
Euro’s bruising leaves global investors on edge
The euro has dropped by over 3% against the U.S. dollar in November, heading toward its worst month since early…
Equities market dips as investor sentiment wanes
The Nigerian equities market closed on November cautiously, with the NGX All-Share Index (ASI) dipping by 0.33% to…
Naira appreciates to N1,755 per dollar in the parallel market
The naira appreciated in the parallel market on Tuesday, strengthening to N1,755 per dollar from Monday’s rate of…
CBN Implements $100,000 Minimum Trade for Banks in FX Market
The Central Bank of Nigeria (CBN) has introduced new guidelines for interbank foreign exchange trading through the…
Nigerian Capital Market Raises N2.7tn to Boost Economy in 2024
The Securities and Exchange Commission (SEC) announced that banks and other companies raised ₦2.7 trillion from…
Stock Market Declines 0.21% on Profit-Taking in GTCO and 29 Other Stocks
The Nigerian Exchange Limited (NGX) All-Share Index fell by 0.21% at the start of the trading week, closing at…