Real Time Financial News Website
Nigeria’s foreign exchange market saw a dramatic turnaround last week, with the naira regaining ground and trading activity surging. According to fresh data, total FX turnover jumped 74.6 per cent…
Nigeria’s pharmaceutical sector has emerged as a standout performer on the stock market in 2025, with Fidson and May & Baker posting year-to-date gains of 117 percent and 86.2 percent…
NCR (Nigeria) Plc shares have surged by over 31% so far in September, climbing to ₦15.20 as investors respond to the company’s improved financial results. The technology solutions provider has…
Tesla Inc.’s shares rallied on Monday after CEO Elon Musk bought about $1 billion worth of the company’s stock, his first open-market purchase since February 2020. According to a regulatory…
European stocks opened the week with modest gains on Monday as investors awaited the U.S. Federal Reserve’s highly anticipated meeting on Wednesday. London’s FTSE 100 rose 0.2%, Germany’s DAX gained…
The Nigerian stock market staged a strong rebound last week, reversing a four-week losing streak and rewarding investors with gains of more than ₦986 billion. The rally, driven by renewed…
The Nigerian Exchange (NGX) closed higher on Wednesday, September 11, as the All-Share Index (ASI) climbed 300.49 points to settle at 140,655.8. This 0.21% uptick from the previous day’s 140,365.4…
The Nigerian Exchange (NGX) opened the week on a positive note, posting a N263 billion gain in market capitalization as investors focused on consumer goods and insurance stocks. Key movers…
The Nigerian stock market closed last week on a bearish note, with investors losing a staggering ₦833 billion in a holiday-shortened trading week. Trading activity was reduced to four sessions…
Jet2, the UK-based leisure airline, saw its shares tumble 14% on Thursday after the company warned that its full-year profits are likely to land at the lower end of market…
As of August 2025, investors who placed N1 million on Nigeria’s penny stocks at the start of the year could have doubled or even quintupled their money. Companies like Mutual…
The Nigerian equities market suffered another setback as sustained profit-taking dragged the market into a deeper slump, wiping off ₦368 billion in value. The market closed Wednesday in the red,…
European stocks opened higher on Wednesday, reversing losses from the previous session as investors gained confidence amid ongoing fiscal concerns across the region. By 10:30 a.m. London time, the pan-European…
The Nigerian stock market closed the week on a sour note as the All-Share Index (ASI) fell 984.55 points on September 2, 2025, ending at 138,737.64. The decline, which represents…
The Nigerian stock market continued its bearish run yesterday, wiping out N623 billion in market value, as heavy selloffs in Lafarge Africa Plc and 47 other companies dragged the market…
The Nigerian Exchange (NGX) began September on a bearish note, with investors losing a total of ₦363 billion in market value on Monday, September 2, 2025. Market capitalisation dropped to…
The Nigerian Exchange (NGX) closed on a bearish note on Thursday, August 28, as the All-Share Index (ASI) slipped by 691.52 points to settle at 140,557.24. This represents a 0.49%…
Asian stocks fell on Tuesday as investors reacted to a series of market-altering announcements from US President Donald Trump, including the unprecedented removal of a Federal Reserve governor and threats…
European stock futures are pointing to a weaker open on Tuesday as investors react to heightened global political tensions. Markets are closely watching U.S. President Donald Trump’s latest move against…
Forty-five of the 146 companies listed on the Nigerian Exchange Limited (NGX) have not paid dividends in at least five years, leaving investors holding “silent stocks” with little to no…
The Nigerian equities market witnessed a sharp downturn last week, as investors lost approximately N2.29 trillion due to sustained selloffs across major sectors. The All-Share Index (ASI) of the Nigerian…
The Nigerian stock market extended its losing streak on Thursday, shedding N781 billion in market value as persistent sell-offs dragged performance into negative territory. The All-Share Index (ASI) fell by…
European stocks edged lower on Friday as investors digested fresh details of the trade agreement between the European Union and the United States. The pan-European Stoxx 600 slipped 0.1% in…
The Nigerian Exchange (NGX) extended its losing streak on Wednesday, August 20, 2025, as the All-Share Index (ASI) fell by 1,047.16 points to close at 141,566.31, representing a 0.73% decline…
The World Federation of Exchanges (WFE) has raised concerns over the continued decline of public markets, warning that the trend poses a significant threat to global finance. In its newly…
The Nigerian Exchange (NGX) kicked off the new trading week on a bullish note as the benchmark All-Share Index (ASI) rose by 0.07 percent, adding 94.27 points to close at…
The Nigerian stock market maintained its bullish streak for the 11th consecutive week, with the All-Share Index (ASI) climbing 4,491.86 points to close at 145,754.91, marking a 3.18% weekly gain.…
The Nigerian stock market closed lower on Wednesday as widespread profit-taking wiped off N121 billion from investors’ portfolios. The benchmark All-Share Index (ASI) fell by 191.09 points, representing a 0.13%…
U.S. consumer prices rose less than expected in July, easing fears of a sharp inflation spike from recent tariff hikes. The Consumer Price Index (CPI) increased 0.2% for the month…
Global equity markets surged to record levels on Wednesday, buoyed by softer-than-expected U.S. inflation data and growing confidence in a potential Federal Reserve interest rate cut next month. The MSCI…