Browsing Category
Market
European Stocks Edge Higher as U.S.-Iran Ceasefire Deadline Nears
European markets opened on a cautious but positive note on Tuesday, as investors closely tracked developments…
FG Eyes $75m Investment in Flutterwave IPO to Boost Nigeria’s Tech Sector
Nigeria’s Federal Government is set to invest $75 million in Flutterwave’s planned $250 million initial public…
Naira Strengthens to N1,348 Per Dollar Amid US–Iran Tensions and FX Market…
The Nigerian naira continued its steady recovery on Monday, strengthening to N1,348 per US dollar in the official…
European Markets Slide as Gulf Tensions Threaten Ceasefire Stability
European markets began the week on a cautious note, slipping into negative territory as renewed tensions in the…
Nigerian Breweries Stock Rally Hits 135% as Recovery Plan Restores Investor…
Nigerian Breweries Plc says its sharp share price rally is a clear sign that investors are regaining…
Asia Markets Slip as Middle East Ceasefire Uncertainty Weighs on Investor…
Asia-Pacific markets mostly closed lower on Friday, as cautious optimism surrounding a fragile Middle East…
SEC Sets N7.5bn Minimum Capital for Free Trade Zone Listings in Nigeria’s Capital…
The Securities and Exchange Commission (SEC) has proposed a new minimum paid-up share capital of N7.5…
European Stocks Rise as UK GDP Surges and Iran Peace Talks Lift Market Sentiment
European stocks rose modestly on Thursday as investors reacted to stronger-than-expected UK economic growth and…
Naira strengthens to N1,341.99/$, hits two-month high amid improved market…
The naira continued its upward movement on Wednesday, closing at N1,341.99/$ at the official foreign exchange…
Seplat, Stanbic, Lafarge Drive N883bn Nigerian Stock Market Rally as NGX Hits New…
The Nigerian Exchange (NGX) extended its bullish momentum on Tuesday as investor confidence pushed the market to a…
European Stocks Mixed as Iran Conflict Uncertainty Weighs on Markets and Luxury…
European equities opened in mixed territory on Wednesday as investors weighed rising geopolitical uncertainty…
NGX Market Capitalisation Rises by N443 Billion as 31 Stocks Drive Broad Market…
The Nigerian stock market opened the week on a positive note as the Nigerian Exchange Limited (NGX) recorded a…
European Markets Rise on Iran Peace Talks Hopes Amid Oil Volatility
European stock markets opened higher on Tuesday, buoyed by renewed optimism that diplomatic talks between the…
Nigerian Stock Market Gains N1.36 Trillion as Equities Rally Continues on Banking…
The Nigerian equities market extended its bullish run last week, delivering a strong performance that lifted…
European Markets Fall as Middle East Tensions Spike, Travel Stocks Hit Hard
European markets began the week on a cautious note, slipping into negative territory as investors reacted to…
FTSE Upgrade Drives N1.36 Trillion Stock Market Surge in Nigeria
Nigeria’s equities market witnessed a dramatic surge, adding N1.36 trillion in just 72 hours after FTSE…
Dollar Falters as US–Iran Ceasefire Uncertainty Rattles Global Markets
The US dollar struggled to regain stability on Thursday as global investors reacted cautiously to uncertainty…
GTCO, Aradel Lead Value Trades as NGX All-Share Index Breaks 203,000 Milestone
The Nigerian equities market extended its bullish run on April 9, 2026, as the All-Share Index climbed…
Naira vs Pound Stability at N1,862 Signals Market Calm in Nigeria FX Market
The Nigerian naira showed relative stability against the British pound sterling, closing at N1,862/£1 in the…
Top 10 Equity Mutual Funds in Nigeria by YTD Returns (March 2026) – ARM Fund Leads…
Nigeria’s equity mutual funds are gaining renewed attention as investors increasingly look beyond low-risk…
Treasury Bills Boost Interest Income for Nigerian Banks by 43% in 2025
Zenith Bank, GTCO, and FirstHoldCo collectively earned N2.85 trillion from Treasury bills in 2025, reflecting a…
Naira Drops to N1,389/$ as Nigeria’s External Reserves Fall by $850 Million
Nigeria’s Naira weakened to N1,389 per dollar, reflecting growing pressure on the local currency as the country’s…
European Stocks Surge 4% on U.S.-Iran Ceasefire Deal as Travel Shares Jump
European markets rallied strongly on Wednesday, with stocks surging nearly 4% after news of a conditional ceasefire…
Nigeria Regains Frontier Market Status, Boosting Investor Confidence and Stock…
Nigeria has officially regained its Frontier Market status, marking a significant turnaround for the country’s…
Treasury Yields Steady After Strong U.S. Jobs Report as Middle East Tensions Cloud…
U.S. Treasury yields held steady on Monday as investors weighed a surprisingly strong March jobs report against…
Asia-Pacific Markets Plunge as Oil Surges After Trump’s Iran War Speech
Asia-Pacific markets experienced sharp losses on Thursday, reversing earlier gains, as oil prices surged following…
MTN Ghana Gains as Banking Stocks Drag GSE Lower in Quarter-End Trading
The Ghana Stock Exchange (GSE) ended the first quarter of 2026 on a weaker note, as losses in banking stocks…
DMO Hikes FGN Bond Yields, Slashes Allotment to N485.50 Billion Amid Strong…
The Debt Management Office (DMO) has increased borrowing costs at its latest Federal Government of Nigeria (FGN)…
NGX Sanctions Five Stockbrokers for Market Manipulation, Imposes N291m Fines
Nigeria’s capital market regulator, the Nigerian Exchange Limited (NGX), has sanctioned five stockbroking firms for…
European Stocks Open Mixed as Unilever Confirms $15.7 Billion Merger Talks with…
European markets are set for a mixed opening on Tuesday, as investors remain cautious over ongoing geopolitical…