Asia Markets Hit Record Highs as Japan and South Korea Stocks Surge Despite U.S.-Iran Tension Standoff
Asia-Pacific stock markets mostly climbed on Monday, with Japan and South Korea leading the charge as investors appeared largely unfazed…
Category: Market
European Stocks Dip as Iran Peace Talks Uncertainty Weighs on Markets; SAP Surges on Strong Earnings
European stock markets slipped on Friday as renewed uncertainty around U.S.–Iran peace negotiations dampened investor sentiment across the region. Despite…
European Stocks Open Lower as Markets React to Oil Shock; Nokia and L’Oréal Rally on Strong Earnings
European stock markets started Thursday on a weaker note as investors reacted cautiously to rising geopolitical tensions and higher oil…
CBN Treasury Bills Auction Sees N894bn Allotment as Investor Demand Surges
The Central Bank of Nigeria (CBN) has allotted a total of N894.17 billion in its Treasury Bills Primary Market Auction…
European Stocks Rise as Trump Extends Iran Ceasefire Deadline
European markets opened on a cautiously positive note Wednesday, as investors reacted to fresh geopolitical developments involving the United States…
Nigeria Imports 61.7 Million Barrels of US Crude Amid Rising Oil Exports and Local Refining Gap
Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, highlighting…
CBN to Raise N750bn in April Treasury Bills Auction as Investor Demand Strengthens
The Central Bank of Nigeria (CBN) has announced plans to raise N750 billion through its second Treasury Bills auction in…
Naira Weakens to N1,349/$ as Dollar Slides Amid Iran Peace Talks Optimism
The Nigerian naira slipped further on Monday, trading at N1,349 to the US dollar, compared to N1,342.5 recorded at the…
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 surrounding the fragile ceasefire…
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 $250 million initial public offering (IPO), marking a…
Naira Strengthens to N1,348 Per Dollar Amid US–Iran Tensions and FX Market Pressure
The Nigerian naira continued its steady recovery on Monday, strengthening to N1,348 per US dollar in the official market amid…
European Markets Slide as Gulf Tensions Threaten Ceasefire Stability
European markets began the week on a cautious note, slipping into negative territory as renewed tensions in the Gulf region…
Nigerian Breweries Stock Rally Hits 135% as Recovery Plan Restores Investor Confidence
Nigerian Breweries Plc says its sharp share price rally is a clear sign that investors are regaining confidence in the…
Asia Markets Slip as Middle East Ceasefire Uncertainty Weighs on Investor Confidence
Asia-Pacific markets mostly closed lower on Friday, as cautious optimism surrounding a fragile Middle East ceasefire failed to fully reassure…
SEC Sets N7.5bn Minimum Capital for Free Trade Zone Listings in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has proposed a new minimum paid-up share capital of N7.5 billion for Free Trade…
European Stocks Rise as UK GDP Surges and Iran Peace Talks Lift Market Sentiment
European stocks rose modestly on Thursday as investors reacted to stronger-than-expected UK economic growth and growing optimism around diplomatic efforts…
Naira strengthens to N1,341.99/$, 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…