Real Time Financial News Website
The Nigerian Exchange (NGX) All-Share Index dipped by 0.33% in the week ending November 29, 2024, closing at 97,506.87 points with a market capitalization of ₦59.107 trillion. The trading session…
The U.S. dollar surged on Tuesday, while European stocks suffered sharp declines. President-elect Donald Trump vowed to impose tariffs on all imports from Canada and Mexico and take additional measures…
The Nigerian Exchange Limited (NGX) All-Share Index fell by 0.21% at the start of the trading week, closing at 97,626.27 points. This decline was primarily driven by profit-taking activities in…
The Nigerian stock market ended last week on a positive note, with the NGX All-Share Index (ASI) gaining 0.11% to close at 97,829.02 basis points. The market capitalization added ₦77…
The Nigerian stock market recorded a marginal gain of 0.1% last week as investors added N77 billion to their portfolio. The market’s capitalization closed at N59.292 trillion, up from N59.215…
London’s stock markets showed modest movements on Wednesday, with the FTSE 100 edging up by 0.07% and the FTSE 250 dipping 0.2%. Investors were reacting to higher-than-expected inflation data, which…
The Nigerian equity market recorded a significant boost on Tuesday, gaining N136 billion in market capitalization. The All-Share Index rose by 0.23% to close at 97,972.33 points, with year-to-date growth…
The Nigerian Exchange Limited (NGX) banking index has shown a strong growth of 17.38% year-to-date, reflecting the increasing value of banking stocks. Key players like AccessCorp, FCMB, GTCO, UBA, and…
The Nigerian stock market opened the week with a slight gain of 0.03%, fueled by renewed investor interest in Zenith Bank and 28 other stocks. The Nigerian Exchange Limited All-Share…
The Nigerian stock market rebounded strongly last week, with investors gaining N295 billion following two weeks of losses. The All-Share Index rose by 0.50% to 97,722.28 points, buoyed by buying…
The Nigerian Exchange Limited experienced a positive shift on Wednesday as investors gained N96 billion, offsetting a previous loss of N68 billion. The market’s growth was largely propelled by increases…
The Nigerian Exchange Limited (NGX) closed Monday in positive territory, gaining N83 billion in market capitalization, marking the third consecutive session of growth after a period of sell-offs and portfolio…
The Nigerian equity market started the week on a positive note, gaining N79 billion on Monday due to the appreciation of 32 stocks. The market capitalisation increased by 0.14% to…
Ahead of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) meeting, the Nigerian stock market has maintained positive momentum, with the NGX All Share Index rising by 0.8%…
The Nigerian equity market recorded a significant gain of N607 billion in market capitalization last week, primarily driven by strong investor interest in major stocks like Access Corporation and MTN…
Global stock markets saw declines this week due to inflation data from the U.S. and China, sparking hopes for a possible interest rate cut by the Federal Reserve, according to…
The Chartered Institute of Stockbrokers (CIS) has officially inaugurated its Lagos Island District Society to enhance its membership drive and foster collaboration. The new district will serve as a hub…
The Nigerian stock market has experienced a decline, with the Year-to-Date (YtD) performance dropping to 28.97% due to profit-taking in fundamental stocks. The Nigerian Exchange Limited (NGX) All-Share Index (ASI)…
European stock markets opened Thursday on a mixed note, extending a negative trend despite hitting record highs last week. The Stoxx 600 index fluctuated, with utilities stocks rising 1.6%, while…
Global stock markets surged on Friday, heading for a fourth straight month of gains, driven by positive U.S. growth data that ended a weeks-long decline in the dollar and kept…
In the first seven months of 2024, Nigerian equities market transactions increased by 44% compared to the same period in 2023, driven primarily by the ongoing bank recapitalisation exercise. The…
The Nigerian equities market experienced a positive turnaround, with the All-Share Index (ASI) rising by 0.87% week-on-week. Investors gained about N481 billion, pushing the ASI to 98,592.12 points and the…
U.S. stock index futures surged on Wednesday, recovering from earlier losses as investors regained risk appetite. The bounce was supported by reassuring comments from a Bank of Japan (BOJ) policymaker…
Global stock markets experienced severe declines on Monday, with Wall Street and Tokyo’s Nikkei seeing significant drops. The Nigerian stock market also fell by 0.2%, with the NGX All Share…
The Nigerian stock market saw another decline on Wednesday, with investors losing N32 billion. The market value fell to N55.513 trillion from N55.545 trillion, showing a 0.06% drop. The All-Share…
Oil prices fell to their lowest since early June, with Brent crude dropping to $79.34 per barrel as concerns about Chinese energy demand overshadowed geopolitical tensions. Prices for other commodities…
Following the Central Bank of Nigeria’s (CBN) increase in the Monetary Policy Rate (MPR) to 26.75%, the Nigerian stock market saw a decline of N1.3 trillion, or 2.33%, in a…
The Nigerian Exchange (NGX) has delisted three companies—Niger Insurance Plc, Resort Savings and Loans Plc, and RAK Unity Petroleum—citing failure to meet the necessary standards for publicly quoted companies. This…
At the Annual General Meeting, shareholders of NEM Insurance Plc approved a N3 billion dividend for the fiscal year ending December 31, 2023, translating to 60 kobo per N1.00 ordinary…
Shares stabilized on Monday as European stocks partially recovered from last week’s losses, with the euro remaining weak amid ongoing political uncertainty in France. Investors are closely watching central bank…