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Nestle, Seplat, Lafarge To Pay Dividends
The final audited reports from more firms listed on the Nigerian Exchange Limited have been made public. Nestle…
Lagos Issues A N137 Billion Bond On NGX
A N137,328,000,000 class IV bond issued by the Lagos State government has been placed on the Nigerian Stock…
Investors in stocks suffer a loss of N281 billion in a single week.
At the close of last week's trading on the floor of the Nigerian Exchange Limited, stock investors lost N281…
Stock Investors Lose N24 billion as Lending Rates Rise.
The Nigerian stock market reacted sharply to the interest rate hike, with market capitalisation rapidly falling in…
In 2022 Stock Market Capitalization Increased by N5.6 trillion.
Between the opening of the market on January 4, 2022, and the conclusion of business on December 30, 2022,…
Stock Market Loses N38bn As 13 Equities Decline.
13 businesses had an increase in share prices, while 13 firms saw share prices fall.
At the close of trading on…
Blue-Chip Companies Suffered Losses.
The Nigerian Exchange Limited (NGX) continued to decline as a result of losses suffered by blue-chip companies.
…
Stocks Plunge On Fed Rate Rise Predictions, And The Yen Falls To A New 24-year…
The Japanese yen was trading at 144.95 yen per US dollar, its lowest level since August 1998. If "rapid,…
Stocks Slide, Dollar Spikes.
September got off to a bumpy start as persistent worries about rising global interest rates and recessions hounded…
SWOOTs Capitalization Up By N254 Billion.
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 1.30% to close at…
Nigerian Stocks: List Of Dividends Announced In 2022.
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders; as…
Nigerian Stock Market Starts The Week Shedding N14 billion.
The Nigerian stock market started the first trading session of the week bearish, shedding approximately N14…
Analysis: Softer Inflation ‘Huge Relief’ For Battered Investors In U.S. Stocks And…
Softer than expected U.S. inflation data buoyed investors’ faith that twin rebounds in stocks and bonds will…
Dangote Cement Shareholders Lose N409 Billion On Sell Pressure.
Negative sentiment witnessed on shares of some blue-chip firms quoted on the Nigerian Exchange has resulted in…
Stocks Slip As Caution Reigns Ahead Of U.S. Inflation Data.
Shares edged lower and the dollar hung off recent highs as investors eyed U.S. inflation data due a day later that…
Stocks Steady As Markets Bet On Hefty Bank Of England Hike.
Strong earnings at Credit Agricole and Lufthansa lifted stocks as tension over Nancy Pelosi's visit to Taiwan…
Gains From MTN Nigeria, 18 Other Stocks Lift Market Activities To Bullish Stance.
Activities on the Nigerian Exchange Limited (NGX) returned to positive route following gains recorded by blue chip…
Nigerian Stocks: List Of Dividends Announced In 2022.
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders; as…
Top Stockbroking Firms In Nigeria Trade N59.8 Billion Worth Of Stocks In July…
Stanbic IBTC, FBN Quest, EFG Hermes led the list of top-performing stockbroking firms in the month of July 2022;…
FUGAZ Investors Lose N42.21 Billion.
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 1.89%;…
Bears Maintain Dominance In The Stock Market, NGX Lose N281 Billion.
The Nigerian stock market closed negative amidst buy-interests and sell-offs as bears dominated proceedings;…
U.S. Retailers Tumble After Walmart Cuts Profit Forecast.
A profit warning by Walmart (WMT.N) ignited a sell-off in shares of major U.S. retailers late, quickly…
Stocks Decline As Growth Risks Weaken Confidence; Demand For Bonds, Dollar.
Asian stocks lost ground, retreating from over three-week highs as worries about a global economic downturn sapped…
Telecom Italia Shares, Bonds Drop After Moody’s Credit Rating Cut.
Telecom Italia (TLIT.MI) shares and bonds fell after ratings agency Moody's downgraded the phone group's credit…
Russia Central Bank Proposes Banning Small Investors From Buying Foreign Shares.
Russia's central bank has proposed banning Russians with holdings worth less than $550,000 from buying foreign…
Stock Investors Lose N6bn as MPC Hikes Rate To 14%
The decision of the Monetary Policy Committee (MPC) to raise the Monetary Policy Rate (MPR) to 14% from 13% had a…
Stock Market Closes Flat, Valuation Up By N12 Billion
The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)…
Weekly Stock Update: Nigerian Exchange Group Record Gains, Up 0.24%.
The Nigerian equities market closed bullish during the week as the All-Share index gained; 0.24% in the week ended…
London Stock Exchange Head Of Data Leaves After Year In The Job.
The head of data at the London Stock Exchange Group (LSEG.L) has stepped down after a year in the job; with the…
Nigerian Stocks Lose Over N85 Billion In A Day
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)…