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Stock investors gain N619bn in May despite rates hike
The Nigerian equities market showed resilience in May, posting a marginal gain of N619 billion despite the Central!-->…
Saudi Arabia Considers Selling More Aramco Shares
Saudi Arabia is preparing to announce a potential secondary share offering for Aramco, its state-owned oil giant.!-->…
MPC: Stock investors maintain cautious stance, lose N290bn
Nigerian stock market investors are feeling the pinch after the recent Monetary Policy Committee (MPC) meeting.!-->…
Nigerian Treasury Bill Rates Unresponsive to CBN Interest Hike
Despite a recent hike in interest rates by Nigeria's Central Bank, rates on one-year treasury bills remained!-->…
Equity market bounces back with weekly gain of N812 Billion
After experiencing a downturn of N3.54 trillion in April, the Nigerian equity market saw its first weekly gain,!-->…
Transcorp plans share capital reduction
Transnational Corporation Plc has announced plans to reduce its number of shares through a share capital!-->…
Global stocks steady, metals fly
On Tuesday, global shares showed a mixed performance as investors awaited this week's U.S. inflation report and an!-->…
Stock market sees investor losses on bearish trading
Stock investors faced losses totaling N252 billion as the Nigerian Exchange sustained a bearish trend on Thursday,!-->…
FG to issue foreign currency denominated bonds in June
The Federal Government has announced intentions to launch domestic bonds denominated in foreign currency in the!-->…
Stock market starts week with bearish trend, investors lose N24.83
The Nigerian Exchange (NGX) All-Share Index began the week's trading on a downward note, shedding 4 basis points!-->…
Africa Prudential approve 900m dividends
Shareholders of Africa Prudential Plc have given their approval for the payment of N900 million in dividends,!-->…
SEC declines PZ Cussons request to buy out Other shareholders
PZ Cussons Nigeria's plan to delist from the Nigerian Exchange Group (NGX) has encountered a hurdle, as the!-->…
N193 billion loans have been declared lost inside CBN’s 10trn intervention
The Central Bank of Nigeria's Intervention Funds Programme, totaling N10.3 trillion, has shown a repayment rate of!-->…
Asia stocks climb; Gold, Bitcoin Drift after Hitting Record Highs
Asian stocks saw gains on Wednesday as traders anticipated policy indications from Beijing during its week-long!-->…
Japanese Stocks Stage Comeback
The Nikkei's surge towards a record high symbolizes Japanese stocks' resurgence in global portfolios, marking a!-->…
Naira Depreciates as FX Market Witnesses Decline in Dollar Supply
The foreign exchange (FX) market in Nigeria experienced a notable 56.58% decrease in dollar supply on Wednesday,!-->…
Forex Crisis May Delay Foreign Investment, Says Report
A recent report titled "Finding Rain in Drought." by Comercio Partners, a prominent research and investment firm,!-->…
Femi Otedola Set to Recieve $17m from Geregu Power Plant
Nigerian billionaire Femi Otedola is set to receive a substantial final dividend exceeding $17 million from his!-->…
Cadbury Shareholders Approve Conversion of Loan to Equity
At a General Meeting held in Lagos, shareholders of Cadbury Nigeria Plc endorsed the conversion of an outstanding!-->…
Nigerian Exchange Records N849 Billion Loss
On Tuesday, the Nigerian Exchange witnessed losses spurred by declines in BUA Cement, Sterling Financial Holding!-->…
Airtel Africa Plans $100 million Share Buyback
Airtel Africa Plc has unveiled its intention to repurchase up to $100 million worth of its shares, underscoring!-->…
IFC’s Invests $2 Billion Across Sectors in Nigeria
Sergio Pimenta, the Regional Vice President for Africa at the International Finance Corporation (IFC), revealed!-->…
Shell PLC Returns $23bn to Shareholders
Shell Plc, in a statement released by its Chief Executive Officer, Wael Sawan, announced that it returned $23!-->…
Bullish Trading on Stock Market, Gaining N902bn
The stock market experienced a bullish resurgence on Thursday, resulting in a substantial gain of N902 billion.
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Geregu Power Plc Proposes N8 Dividend per Share
Geregu Power Plc's board of directors has announced a proposed dividend of N8 per share for the 2023 financial!-->…
Foreign Exchange: Naira plungs to N1348.63/$
The Nigerian Autonomous Foreign Exchange Market witnessed a historic low on Monday as the naira plunged to!-->…
U.S. Stock Futures Retreat, Boeing Faces New Woes, Nvidia Hits Record High
U.S. stock futures are poised for a potential pullback after Monday's rally, influenced by gains in chip designer!-->…
Citi Downgrades Netflix, Cites “Lofty Expectations”
Citi strategists downgrade Netflix (NFLX) from Buy to Neutral, leading to a 2% pre-market decline. The rationale!-->…
Mixed Start for European Stock Markets as Investors Await Key Inflation Data
European stock markets began the week with mixed trading, reflecting subdued risk appetite among investors. The!-->…
Nigerian Domestic Stock Transactions Surge to N1968.4bn YTD, Foreign Investors…
Domestic transactions on the Nigerian Exchange Limited have soared to N1968.4 billion year-to-date, surpassing the!-->…