FG engages three US lenders for $2.2bn Eurobonds
Nigeria has re-entered the global capital markets after a two-year hiatus, issuing $2.2 billion in Eurobonds to address its fiscal…
Category: Stock
Dangote Cement Becomes Most Capitalized Stock on NGX
Dangote Cement has surpassed Airtel Africa and 11 other companies to become the most capitalized stock on the Nigerian Exchange…
Asia and Europe stocks climb on the US lead while dollar dips
Asian and European stock markets saw strong gains on December 3, following a rally in US tech stocks that pushed…
Nigerian Stock Market Declines Amid Mixed Sentiments and Sectoral Divergences
The Nigerian Exchange (NGX) All-Share Index dipped by 0.33% in the week ending November 29, 2024, closing at 97,506.87 points…
Dollar Climbs as Trump’s Tariff Threats Hammer European Stocks
The U.S. dollar surged on Tuesday, while European stocks suffered sharp declines. President-elect Donald Trump vowed to impose tariffs on…
Stock Market Declines 0.21% on Profit-Taking in GTCO and 29 Other Stocks
The Nigerian Exchange Limited (NGX) All-Share Index fell by 0.21% at the start of the trading week, closing at 97,626.27…
Stock Market Up 0.11% WoW as Analysts Predict Mixed Trading
The Nigerian stock market ended last week on a positive note, with the NGX All-Share Index (ASI) gaining 0.11% to…
Stock Market Inches Up Amid Speculation of Interest Rate Hike
The Nigerian stock market recorded a marginal gain of 0.1% last week as investors added N77 billion to their portfolio.…
London Stocks Edge Up as Inflation Data Dents Rate Cut Hopes Sage Shares Surge
London’s stock markets showed modest movements on Wednesday, with the FTSE 100 edging up by 0.07% and the FTSE 250…
Lafarge WAPCO and Others Propel Equity Market with N136bn Gain
The Nigerian equity market recorded a significant boost on Tuesday, gaining N136 billion in market capitalization. The All-Share Index rose…
NGX banking index records 17.4% 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…
Investors’ Interest in Zenith Bank Boosts Nigerian Stock Market
The Nigerian stock market opened the week with a slight gain of 0.03%, fueled by renewed investor interest in Zenith…
Investors gain N295bn as stock market turns bullish
The Nigerian stock market rebounded strongly last week, with investors gaining N295 billion following two weeks of losses. The All-Share…
Nigerian Stock Market Rebounds with N96bn Gain, Driven by Key Sector Advances
The Nigerian Exchange Limited experienced a positive shift on Wednesday as investors gained N96 billion, offsetting a previous loss of…
Stock market posts N83bn gain on positive trading
The Nigerian Exchange Limited (NGX) closed Monday in positive territory, gaining N83 billion in market capitalization, marking the third consecutive…
Equity market starts week with N79bn gain
The Nigerian equity market started the week on a positive note, gaining N79 billion on Monday due to the appreciation…
Stock market sustains bullish trend
Ahead of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) meeting, the Nigerian stock market has maintained positive…
Stock Market Gains N607 Billion, Boosted by Access, MTN
The Nigerian equity market recorded a significant gain of N607 billion in market capitalization last week, primarily driven by strong…
Global Stock markets surge amid US, China inflation trends
Global stock markets saw declines this week due to inflation data from the U.S. and China, sparking hopes for a…
Stockbrokers launch Lagos District Zone
The Chartered Institute of Stockbrokers (CIS) has officially inaugurated its Lagos Island District Society to enhance its membership drive and…
Investors’ Negative Sentiment Drags Stock Market YtD Performance to 28.97%
The Nigerian stock market has experienced a decline, with the Year-to-Date (YtD) performance dropping to 28.97% due to profit-taking in…
Europe stocks mixed after three straight declines; U.S. jobs data in focus
European stock markets opened Thursday on a mixed note, extending a negative trend despite hitting record highs last week. The…
US regulator finds banks have work to do on climate risk, sources say
Global stock markets surged on Friday, heading for a fourth straight month of gains, driven by positive U.S. growth data…
Stock deals jump 44% on banks’ recapitalisation
In the first seven months of 2024, Nigerian equities market transactions increased by 44% compared to the same period in…
Equities market records 0.87% growth in 1 week, investors gain N481bn
The Nigerian equities market experienced a positive turnaround, with the All-Share Index (ASI) rising by 0.87% week-on-week. Investors gained about…
Futures advance as Big Tech continues to recover
U.S. stock index futures surged on Wednesday, recovering from earlier losses as investors regained risk appetite. The bounce was supported…
Global stock markets plunge on US recession fears
Global stock markets experienced severe declines on Monday, with Wall Street and Tokyo’s Nikkei seeing significant drops. The Nigerian stock…
Stock investors lose N32bn amid selloffs
The Nigerian stock market saw another decline on Wednesday, with investors losing N32 billion. The market value fell to N55.513…
Commodities fall, stocks nervy ahead of Fed, BOJ rate decisions
Oil prices fell to their lowest since early June, with Brent crude dropping to $79.34 per barrel as concerns about…
Stock Market Down N1.3tn WoW as Investors Migrate to Fixed Income Market
Following the Central Bank of Nigeria’s (CBN) increase in the Monetary Policy Rate (MPR) to 26.75%, the Nigerian stock market…