Nigerian Stock Market Suffers N121bn Loss as Profit-Taking Hits Blue-Chip Stocks
The Nigerian stock market closed lower on Wednesday as widespread profit-taking wiped off N121 billion from investors’ portfolios. The benchmark…
Category: Stock
U.S. Inflation Slows in July as Markets Rally and Fed Rate Cuts Loom
U.S. consumer prices rose less than expected in July, easing fears of a sharp inflation spike from recent tariff hikes.…
Global Stocks Hit Record High as Soft Inflation Fuels Fed Rate Cut Hopes
Global equity markets surged to record levels on Wednesday, buoyed by softer-than-expected U.S. inflation data and growing confidence in a…
Nigerian Equities Market Extends Bullish Run, Gains ₦111bn Amid Strong Investor Sentiment
The Nigerian stock market continued its bullish momentum on Tuesday, adding ₦111 billion to investors’ wealth as buying pressure in…
Global Stocks Edge Higher on Fed Policy Shift; Gold Surges Amid U.S. Tariffs on Bullion Imports
Global stock markets nudged higher on Friday as investors grew optimistic about potential interest rate cuts by the U.S. Federal…
Surge in Nigerian Stock Market Valuations: 18 Companies Now Valued Over $1 Billion in 2025
The Nigerian Exchange (NGX) has been one of Africa’s top-performing stock markets in 2025, with its All-Share Index rising by…
Nigerian Stock Market Hits N92.25tn Market Cap Amid Bullish Momentum
The Nigerian equities market continued its upward trajectory on Wednesday, with strong investor confidence boosting the All-Share Index (ASI) by…
Dangote Sugar, Berger Paints, others push NGX-ASI above 139,000 points
Nigeria’s equities market extended its bullish run on Wednesday, July 30, 2025, as the Nigerian Exchange All-Share Index (NGX-ASI) closed…
European Stocks Climb as US-EU Trade Deal Calms Markets, but Euro Slips
European markets opened the week on a positive note after a long-awaited trade deal between the United States and the…
NGX Records Sharp Decline in Trade Volume Amid Price Rally
The Nigerian equities market experienced one of its steepest drops in trading volume last week, falling nearly 79 percent to…
Stocks Rally and Euro Holds Steady Following US-EU Trade Deal Amid Key Global Economic Events
Global markets responded positively on Monday after the United States and the European Union reached a framework trade agreement that…
Bullish Momentum Continues on NGX as MPR Hold and Strong Q2 Earnings Boost Investor Confidence
The Nigerian stock market maintained its upward trajectory last week, fueled by the Central Bank of Nigeria’s (CBN) decision to…
Stock Market Soars as Investors Push NGX Up by ₦396 Billion Amid Bullish Sentiment
The Nigerian stock market maintained its bullish momentum on Tuesday, July 22, 2025, adding ₦396 billion in market capitalisation as…
Nigerian Stock Market Hits 2025 High as Heavyweight Stocks Propel All-Share Index Beyond 130,000 Points
The Nigerian stock market capped off its strongest week of 2025 as the NGX All-Share Index surged by 5,436.07 points…
Investors Lose N150bn as NGX Opens July in the Red Amid Profit-Taking
The Nigerian Exchange Limited (NGX) began July on a bearish note, wiping off N150 billion from investors’ portfolios on Tuesday,…
Nigerian Stock Market Closes June with N11bn Loss Amid Profit-Taking and Mixed Sentiment
The Nigerian stock market ended the month of June on a subdued note, recording a modest loss of N11 billion…
NGX Opens Week Strong with N279bn Boost as Investor Sentiment Rises
The Nigerian Exchange Limited (NGX) started the week on a bullish trajectory, gaining N279 billion in market capitalization on Monday.…
CBN Halts Banks’ Foreign Investments, Dividends & Bonuses Amid Market Activity Surge
In a directive issued on June 13, 2025, the Central Bank of Nigeria (CBN) announced a temporary suspension on dividend…
Nigerian Equities Gain N513bn in 3-Day Trading Amid Bullish Investor Sentiment
Despite a shortened trading week due to public holidays marking Eid-el-Kabir and Democracy Day, the Nigerian equities market recorded a…
CBN Halts Dividends for Banks Under Forbearance to Strengthen Capital Base
The Central Bank of Nigeria (CBN) has ordered banks operating under regulatory forbearance to suspend the payment of dividends, defer…
Nigerian Equities Market Adds N1.81trn in Four-Day Rally, ASI Rises 2.57%
The Nigerian equities market delivered a strong performance during the holiday-shortened week ending June 5, 2025, as the NGX All-Share…
Nigerian Stock Market Gains N259bn on Back of Broad Investor Confidence
The Nigerian stock market continued its upward momentum as it added N259 billion in value due to renewed investor confidence…
Nigerian Stock Market Hits N70.89 Trillion as Investor Confidence Drives Gains
The Nigerian stock market continued its bullish streak on Tuesday, June 4, 2025, with a notable gain of N259 billion…
Markets Cautious Ahead of Trump-Xi Talks; Dollar Dips as Trade Tensions Persist
Shares in Asia showed modest gains while U.S. futures slipped on Tuesday amid lingering concerns over U.S.-China trade tensions. Investors…
Nigerian Exchange Surges by N187 Billion as Investor Confidence Drives Market Momentum
The Nigerian Exchange (NGX) continued its positive streak on Wednesday, gaining N187 billion in market capitalisation amid strong investor optimism…
U.S. Court Blocks Trump’s Tariffs, Boosting Global Markets and Dollar
Asian stock markets and U.S. futures surged following a ruling by the Manhattan-based Court of International Trade that blocked President…
Shares Stall Ahead of Nvidia Earnings as US Dollar Climbs on Strong Economic Data
Global stock markets showed mixed signals on Wednesday as investors grew cautious ahead of Nvidia’s highly anticipated earnings report later…
NGX Market Capitalisation Surpasses N70 Trillion on Strong Investor Demand for Airtel Africa, Others
The Nigerian Exchange Limited (NGX) saw its market capitalisation cross the N70 trillion mark, driven by strong investor demand for…
US stock futures rally after long weekend on Trump’s tariff reprieve
U.S. stock index futures surged on Tuesday following the Memorial Day weekend after former President Donald Trump softened his stance…
Nigerian Exchange Rebounds with N540 Billion Market Cap Gain Amid Renewed Investor Optimism
The Nigerian Exchange (NGX) bounced back strongly on Monday, adding N539.98 billion to its market capitalization and reversing losses from…