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Category: Market

Nigerian Stock Market Adds N46.6 Trillion in H1 2026 as Investor Confidence Soars
BusinessLocalMarket

Nigerian Stock Market Adds N46.6 Trillion in H1 2026 as Investor Confidence Soars

The Nigerian stock market delivered an exceptional performance in the first half of 2026, with investors gaining a remarkable N46.6…

byayotilewaJune 30, 2026
US Treasury Yields Hold Steady as Investors Await Crucial Jobs Report
BusinessEconomyInternationalMarket

US Treasury Yields Hold Steady as Investors Await Crucial Jobs Report

U.S. Treasury yields showed little movement on Monday as investors adopted a cautious stance ahead of a series of important…

byayotilewaJune 29, 2026
Global Stocks Climb as US-Iran Ceasefire Eases Market Fears, Oil Prices Rebound
BusinessInternationalMarket

Global Stocks Climb as US-Iran Ceasefire Eases Market Fears, Oil Prices Rebound

Asian stock markets started the week on a positive note as investors welcomed reports that the United States and Iran…

byayotilewaJune 29, 2026
Nigerian Stocks Lose N11 Trillion as Market Correction Deepens: Opportunity or Warning Sign?
BusinessLocalMarket

Nigerian Stocks Lose N11 Trillion as Market Correction Deepens: Opportunity or Warning Sign?

Nigeria’s stock market has shed more than N11 trillion from its recent peak, sparking fresh debate among investors over whether…

byayotilewaJune 26, 2026
Asia Stock Markets Tumble as Tech Sell-Off Sparks Fears Over AI Spending and Rising Costs
BusinessInternationalMarketTechnology

Asia Stock Markets Tumble as Tech Sell-Off Sparks Fears Over AI Spending and Rising Costs

Asian stock markets suffered steep losses on Friday as investors rushed to sell technology stocks amid growing concerns that soaring…

byayotilewaJune 26, 2026
Dangote Refinery IPO Frenzy Sparks Investor Rush as SEC Issues Warning
BusinessLocalMarket

Dangote Refinery IPO Frenzy Sparks Investor Rush as SEC Issues Warning

The anticipation surrounding the highly awaited Dangote Refinery IPO has reached fever pitch, prompting Nigeria’s Securities and Exchange Commission (SEC)…

byayotilewaJune 26, 2026
Nigerian Equities Market Suffers Record N3.64 Trillion Loss as Cement Giants Trigger Massive Selloff
BusinessLocalMarket

Nigerian Equities Market Suffers Record N3.64 Trillion Loss as Cement Giants Trigger Massive Selloff

Nigeria’s stock market suffered its most severe one-day setback of 2026 on Wednesday as a wave of profit-taking in some…

byayotilewaJune 25, 2026
Stock Futures Mixed as Investors Await Micron Earnings, Tech Stocks Stage Recovery
BusinessInternationalMarket

Stock Futures Mixed as Investors Await Micron Earnings, Tech Stocks Stage Recovery

After a turbulent session that rattled technology stocks across Wall Street, U.S. stock futures traded mixed on Wednesday as investors…

byayotilewaJune 24, 2026
NGX Rally Continues as Investors Gain N1.64tn, Airtel Africa and Banking Stocks Lead Surge
BusinessLocalMarket

NGX Rally Continues as Investors Gain N1.64tn, Airtel Africa and Banking Stocks Lead Surge

The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, with investors recording significant gains as renewed buying interest pushed…

byayotilewaJune 24, 2026
Top NGX Insurance Stocks to Watch in H2 2026 as Market Rebound Creates New Investment Opportunities
investmentLocalMarket

Top NGX Insurance Stocks to Watch in H2 2026 as Market Rebound Creates New Investment Opportunities

As Nigeria’s stock market stages a strong recovery after weeks of heavy losses, investors are turning their attention to insurance…

byayotilewaJune 24, 2026June 24, 2026
Elon Musk Loses $350 Billion in Historic Wealth Drop as SpaceX Shares Tumble
BusinessInternationalMarket

Elon Musk Loses $350 Billion in Historic Wealth Drop as SpaceX Shares Tumble

Elon Musk has recorded the largest personal wealth loss in history after a sharp decline in SpaceX’s stock price wiped…

byayotilewaJune 24, 2026
NGX Market Value Drops to N151.3tn as Profit-Taking Triggers Liquidity Tightening
BusinessLocalMarket

NGX Market Value Drops to N151.3tn as Profit-Taking Triggers Liquidity Tightening

The Nigerian Exchange Limited (NGX) ended the trading week on 19 June 2026 in the red, as widespread profit-taking and…

byayotilewaJune 23, 2026
Stock Futures Fall as Iran Peace Talks and Inflation Data Keep Investors on Edge
BusinessInternationalMacroeconomicMarket

Stock Futures Fall as Iran Peace Talks and Inflation Data Keep Investors on Edge

U.S. stock futures slipped early Monday as investors reacted cautiously to fresh progress in Iran peace negotiations while bracing for…

byayotilewaJune 22, 2026
NGX Market Update: Market Capitalisation Sheds N5.6 Trillion as Trading Value Climbs 22% Amid Bearish Pressure
BusinessLocalMarket

NGX Market Update: Market Capitalisation Sheds N5.6 Trillion as Trading Value Climbs 22% Amid Bearish Pressure

The Nigerian equities market closed the week on a mixed but tense note as the market capitalisation of the Nigerian…

byayotilewaJune 22, 2026
Stock Futures Rebound After Fed Shock Sell-Off as Intel Surges on Apple Chip Deal Talk
BusinessInternationalMarket

Stock Futures Rebound After Fed Shock Sell-Off as Intel Surges on Apple Chip Deal Talk

U.S. stock futures moved higher on Thursday as Wall Street attempted to recover from a sharp sell-off triggered by renewed…

byayotilewaJune 18, 2026
Agro-Allied Stocks Deliver 1,656% Rally as Presco, Okomu, FTN Cocoa Drive NGX Wealth Surge
BusinessLocalMarket

Agro-Allied Stocks Deliver 1,656% Rally as Presco, Okomu, FTN Cocoa Drive NGX Wealth Surge

Three agro-processing stocks listed on the Nigerian Exchange (NGX) have turned into some of the market’s biggest wealth creators, delivering…

byayotilewaJune 18, 2026
NGX Market Sheds N1.02 Trillion as Bank and Oil Stocks Drag Equities Down
BusinessLocalMarket

NGX Market Sheds N1.02 Trillion as Bank and Oil Stocks Drag Equities Down

The Nigerian equities market ended on a weak note as investors recorded a significant loss of about N1.02 trillion in…

byayotilewaJune 16, 2026
U.S. Stock Futures Jump After Iran Peace Deal as Global Markets Rally on Trump Announcement
BusinessInternationalMarket

U.S. Stock Futures Jump After Iran Peace Deal as Global Markets Rally on Trump Announcement

Global financial markets opened the week on a strong note as U.S. stock futures surged after President Donald Trump announced…

byayotilewaJune 15, 2026
Tinubu @ 3: Nigeria’s Stock Market Surges N130 Trillion Amid Economic Hardship and Bold Reforms
BusinessEconomyLocalMarket

Tinubu @ 3: Nigeria’s Stock Market Surges N130 Trillion Amid Economic Hardship and Bold Reforms

Nigeria’s stock market has delivered one of its most dramatic wealth surges in recent history, rising from about N30 trillion…

byayotilewaJune 15, 2026
SpaceX Stock Surges 6% in Premarket After Record-Breaking IPO Debut
BusinessInternationalMarketTechnology

SpaceX Stock Surges 6% in Premarket After Record-Breaking IPO Debut

SpaceX shares continued their strong momentum on Monday, rising about 6% in premarket trading following last week’s historic market debut…

byayotilewaJune 15, 2026
NGX Market Rally Adds N1.4 Trillion as Nigerian Stocks Push Capitalisation Above N156 Trillion
BusinessLocalMarket

NGX Market Rally Adds N1.4 Trillion as Nigerian Stocks Push Capitalisation Above N156 Trillion

Nigeria’s equities market ended the week on a strong bullish note as investors collectively gained about N1.4 trillion, pushing market…

byayotilewaJune 15, 2026
MTNN, Vitafoam, Livestock Drive NGX Rally as Investors Gain N99.15bn Despite Mixed Market Sentiment
BusinessLocalMarket

MTNN, Vitafoam, Livestock Drive NGX Rally as Investors Gain N99.15bn Despite Mixed Market Sentiment

The Nigerian equities market extended its recovery streak on Wednesday, June 10, 2026, as select heavyweight stocks including MTN Nigeria,…

byayotilewaJune 11, 2026
Stock Futures Fall After U.S. Strikes Iran Amid Rising Middle East Tensions
BusinessEconomyInternationalMarket

Stock Futures Fall After U.S. Strikes Iran Amid Rising Middle East Tensions

U.S. stock futures slipped early Wednesday as investors reacted sharply to escalating geopolitical tensions after the United States carried out…

byayotilewaJune 10, 2026
IMF Backs Nigeria’s Economic Reforms but Warns of Rising Poverty and Food Insecurity
BusinessInternationalMacroeconomicMarket

IMF Backs Nigeria’s Economic Reforms but Warns of Rising Poverty and Food Insecurity

The International Monetary Fund (IMF) has once again expressed support for Nigeria’s ongoing economic reforms, acknowledging that the country is…

byayotilewaJune 10, 2026June 10, 2026
Nigerian Stocks Add N515 Billion as Bargain Hunting Fuels Strong Market Rebound
BusinessLocalMarket

Nigerian Stocks Add N515 Billion as Bargain Hunting Fuels Strong Market Rebound

Nigeria’s stock market opened the week on a positive note, with investors gaining approximately N514.97 billion on Monday as renewed…

byayotilewaJune 9, 2026
BUA Foods Tops NGX Dividend Yield Rankings as Seven Stocks Go Ex-Dividend in One Week
BusinessLocalMarket

BUA Foods Tops NGX Dividend Yield Rankings as Seven Stocks Go Ex-Dividend in One Week

BUA Foods Plc has emerged as the highest-yielding stock among seven companies that went ex-dividend on the Nigerian Exchange (Nigerian…

byayotilewaJune 8, 2026
Nigerian Stock Market Sheds N4.9trn as Profit-Taking Reverses Bullish Run | NGX Decline Hits Investors
BusinessinvestmentLocalMarket

Nigerian Stock Market Sheds N4.9trn as Profit-Taking Reverses Bullish Run | NGX Decline Hits Investors

The Nigerian stock market experienced a sharp reversal last week as investors on the Nigerian Exchange Limited (NGX) collectively lost…

byayotilewaJune 8, 2026
Naira Undervalued by 13% Despite FX Reforms, Says Rewane as Economic Fundamentals Improve
BusinessinvestmentLocalMarket

Naira Undervalued by 13% Despite FX Reforms, Says Rewane as Economic Fundamentals Improve

Nigeria’s currency may be performing better than many expected, but leading economist Bismarck Rewane believes the naira is still trading…

byayotilewaJune 8, 2026
Dulux owner Akzo Nobel plummets 19% after takeover talks fall through
BusinessInternationalMarket

Dulux owner Akzo Nobel plummets 19% after takeover talks fall through

European markets opened the day under pressure as investor sentiment weakened across major indices, with growing uncertainty driven by fresh…

byayotilewaJune 3, 2026
European stocks rebound as oil prices slip; Abivax shares tumble
BusinessInternationalMarket

European stocks rebound as oil prices slip; Abivax shares tumble

European markets staged a recovery on Tuesday as investor sentiment improved, with the Stoxx 600 climbing around 0.7% after recent…

byayotilewaJune 2, 2026

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