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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…
South Korea’s Kospi Index Hits Record High After Government Scraps Stock Tax Hike…
South Korea’s benchmark Kospi index soared to a record high of 3,420.23 in early Monday trade, marking its 10th…
European Stocks Mixed as U.K. Growth Stalls and Vestas Shares Slide on U.S.…
European markets opened without clear direction on Friday as fresh data showed the U.K. economy stagnated in July.…
Kering Shares Rise 2% as Gucci Owner Delays Valentino Acquisition to 2028 Amid…
European markets opened Thursday on a mixed note as investors awaited fresh guidance from the European Central…
Naira Strengthens Below ₦1,500/$ for First Time Since March as Economic Reforms…
The Nigerian naira continued its winning streak mid-week, breaking through the symbolic ₦1,500/$ barrier in the…
Zara Owner Inditex Stock Jumps 7% as Strong Autumn/Winter Sales Reassure Investors
European markets opened higher on Wednesday, buoyed by fresh earnings updates, inflation data, and global trade…
Asia Markets Rally on Wall Street Gains and Fed Rate-Cut Hopes; South Korea’s…
Asia-Pacific markets climbed on Wednesday, following Wall Street’s strong performance as investors anticipated a…
Investors Lose ₦823bn as Bearish Sentiment Deepens on NGX
The Nigerian Exchange Limited (NGX) extended its losing streak last week as investors’ wealth dropped by ₦823…
Stock Futures Hold Steady as Investors Await Key Inflation Reports This Week
Stock futures opened little changed on Sunday evening as Wall Street prepared for a pivotal week centered on new…
U.S. Treasury Yields Hold Steady as Investors Await Key Inflation Data
U.S. Treasury yields were little changed on Monday as markets turned their attention to crucial inflation data…
NGX Slams N133m Fines on 17 Companies Over Late Financial Filings
The Nigerian Exchange Regulation Limited (NGX RegCo) has fined 17 listed companies a total of ₦133.4 million for…
Standard Bank Revises Naira Forecast, Predicts N1,585.5/$1 by End of 2025 Amid…
Standard Bank has revised its outlook on the Nigerian naira, projecting that the currency will close 2025 at…
Asia Markets Climb as Fed Signals Rate Cuts, But China Stocks Slide
Asian markets bounced on Thursday, lifted by dovish comments from U.S. Federal Reserve officials and optimism…
Forex Market: Chinese Traders Accepting Naira for Yuan as Currency Swap Boosts…
Nigeria’s foreign exchange market is witnessing new dynamics as Chinese traders increasingly accept naira for yuan…
Naira Holds Steady in Black Market as U.S. Dollar Weakens Amid Global Uncertainty
The Nigerian naira remained stable in the black market, trading just below the N1.550/$ range in the first session…
Asia Markets Mixed as China PMI Data, India Ties, and U.S. Tariff Ruling Shape…
Asian stock markets closed mixed on Monday as investors weighed fresh economic data out of China, developments in…
India’s Strong GDP Growth Overshadowed by Weak Corporate Earnings and Market…
India’s economy recorded robust growth of 7.8% in the April–June quarter of 2025, outpacing global peers. Yet, the…
FX Stability, Capital Inflows Push Nigerian Stock Market to N26trn Gain in 8…
Nigeria’s stock market recorded a remarkable growth of N26.01 trillion in market capitalisation within the first…
Dollar Slips as Fed Rate Cut Bets Rise; Trump-Putin Summit in Focus
The U.S. dollar weakened on Friday, reversing gains from earlier in the week, as traders grew more confident that…
NGX Revenue Jumps to N24bn on Bank Recapitalisation and New Listings
The Nigerian Exchange Group Plc (NGXGROUP) reported a significant revenue growth to N24 billion in the 2024…
European Markets Open Higher as Nvidia Earnings Boost Sentiment; Drax Shares…
European stock markets opened higher on Thursday, lifted by strong earnings from U.S. tech giant Nvidia, even as…
Stock Futures Flat as Investors Await Nvidia Earnings: AI Demand Fuels Market…
Stock futures were little changed on Wednesday as Wall Street awaited Nvidia’s highly anticipated earnings report,…
French Stocks Tumble as Bayrou Faces No-Confidence Threat Amid Budget Clash
French stocks fell sharply on Tuesday as political uncertainty gripped Paris ahead of a critical no-confidence…
European Stocks Open Lower as Orsted Plunges 18% Amid U.S. Project Halt
European markets started the week on a weaker note, with the pan-European Stoxx 600 slipping 0.2% in early trading…
Asian Markets Mixed as Japanese Exports Hit 4-Year Low, Investors Await Fed Rate…
Asian stock markets closed mixed on Wednesday as Japan reported its steepest drop in exports in more than four…
European Stocks Edge Higher as Oil Prices Fall on Ukraine Peace Hopes
European shares opened higher on Tuesday while oil prices retreated, as investors weighed fresh diplomatic efforts…
Asia Stocks Flat, Oil Prices Fall Ahead of Fed Meeting as Ukraine Peace Hopes Lift…
Asian shares traded flat on Tuesday while oil prices slipped, as investors turned cautious ahead of the U.S.…
European Stocks Dip as Markets Await Ukraine Talks and Jackson Hole Signals
European Markets Slip as Traders Brace for Geopolitical and Fed CuesEuropean stock markets edged lower on Monday…
European Stocks Trade Mixed as Trump-Zelenskyy Talks on Ukraine Peace Loom
European markets opened mixed on Monday as investors awaited a high-stakes White House meeting between U.S.…
Bitcoin Surges to $124K Amid Trump Crypto Reforms and Fed Rate Cut Bets
Bitcoin soared to a record high of $124,000 early Thursday as investor confidence surged around President Donald…