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 Gulf region…
Category: Market
Nigerian Breweries Stock Rally Hits 135% as Recovery Plan Restores Investor Confidence
Nigerian Breweries Plc says its sharp share price rally is a clear sign that investors are regaining confidence in the…
Asia Markets Slip as Middle East Ceasefire Uncertainty Weighs on Investor Confidence
Asia-Pacific markets mostly closed lower on Friday, as cautious optimism surrounding a fragile Middle East ceasefire failed to fully reassure…
SEC Sets N7.5bn Minimum Capital for Free Trade Zone Listings in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has proposed a new minimum paid-up share capital of N7.5 billion for Free Trade…
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 growing optimism around diplomatic efforts…
Naira strengthens to N1,341.99/$, hits two-month high amid improved market sentiment
The naira continued its upward movement on Wednesday, closing at N1,341.99/$ at the official foreign exchange market—its strongest level since…
Seplat, Stanbic, Lafarge Drive N883bn Nigerian Stock Market Rally as NGX Hits New High
The Nigerian Exchange (NGX) extended its bullish momentum on Tuesday as investor confidence pushed the market to a fresh milestone.…
European Stocks Mixed as Iran Conflict Uncertainty Weighs on Markets and Luxury Shares Slide
European equities opened in mixed territory on Wednesday as investors weighed rising geopolitical uncertainty linked to the ongoing U.S.–Iran conflict…
NGX Market Capitalisation Rises by N443 Billion as 31 Stocks Drive Broad Market Gains
The Nigerian stock market opened the week on a positive note as the Nigerian Exchange Limited (NGX) recorded a strong…
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 United States and Iran…
Nigerian Stock Market Gains N1.36 Trillion as Equities Rally Continues on Banking and Consumer Stocks
The Nigerian equities market extended its bullish run last week, delivering a strong performance that lifted investors’ wealth by N1.36…
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 renewed geopolitical tensions…
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 Russell upgraded the country…
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 surrounding the fragile ceasefire…
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 0.28% to close…
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 official foreign exchange market…
Top 10 Equity Mutual Funds in Nigeria by YTD Returns (March 2026) – ARM Fund Leads with 108% Growth
Nigeria’s equity mutual funds are gaining renewed attention as investors increasingly look beyond low-risk instruments in search of higher returns.…
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 sharp 43.03% increase from…
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 external reserves fell…
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 agreement between the…
Nigeria Regains Frontier Market Status, Boosting Investor Confidence and Stock Market Outlook
Nigeria has officially regained its Frontier Market status, marking a significant turnaround for the country’s capital market and restoring global…
Treasury Yields Steady After Strong U.S. Jobs Report as Middle East Tensions Cloud Outlook
U.S. Treasury yields held steady on Monday as investors weighed a surprisingly strong March jobs report against rising geopolitical tensions…
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 a high-stakes address from U.S.…
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 Investor Demand
The Debt Management Office (DMO) has increased borrowing costs at its latest Federal Government of Nigeria (FGN) bond auction, conducted…
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 engaging in market manipulation, imposing…
European Stocks Open Mixed as Unilever Confirms $15.7 Billion Merger Talks with McCormick
European markets are set for a mixed opening on Tuesday, as investors remain cautious over ongoing geopolitical tensions in the…
European Stocks Poised to Rise as Trump Extends Iran Strike Hiatus
European stock markets are expected to open higher on Friday following U.S. President Donald Trump’s announcement of an extension to…
Naira Weakens to N1,383.5/$ as External Reserves Fall to $49.6 Billion
The Nigerian naira recorded a slight depreciation on Tuesday, settling at N1,383.5 per dollar, compared to N1,383/$ on Monday, as…
European Stocks Struggle Amid Iran Conflict Uncertainty – Market Volatility Persists
European stocks struggled to find clear direction on Tuesday as uncertainty surrounding the Iran conflict weighed heavily on investor sentiment.…