Real Time Financial News Website
European stock markets began the week with mixed trading, reflecting subdued risk appetite among investors. The focus remains on key inflation data releases scheduled from the U.S., Japan, and China…
Domestic transactions on the Nigerian Exchange Limited have soared to N1968.4 billion year-to-date, surpassing the entire value of transactions by domestic investors in 2022, which was N1945 billion. Foreign investors,…
In a dynamic trading session, the Nigerian stock market witnessed high activity, with FBN Holdings, Japaul Gold, UBA, Access Corporation, and Transcorp emerging as the top actively traded stocks. Investors…
Foreign investment in Nigerian stocks has dropped to its lowest point since President Bola Tinubu’s reforms initiated a significant market rally, according to data from the Nigerian Exchange Limited (NGX).…
Investor wealth in the Nairobi Securities Exchange (NSE) has been cut in half since reaching its record high valuation of Sh2.9 trillion two years ago, mainly due to foreign investors…
Profit-taking by investors in Airtel Africa Plc continued to rule the Nigerian stock market at the start of the week as the market’s total capitalization fell by N569 billion. As…
Due to stock declines in several banking and telecom firms, investors lost N622 billion at the conclusion of trade. Moreover, the market capitalization fell by 2.08 percent to N29.281 trillion.…
The NDR would open up financial products traded on an offshore market to the investing public and provide investors access to alternative investment plans. Asset managers will sponsor this instrument…
The market capitalization of the Nigerian Exchange Limited had days of increasing movement, but investors lost N7 billion at the end of trading. To settle at 54,924.08 points, the All-Share…
The Nigerian Exchange Limited (NGX) stock market began the new trading week yesterday by extending its losing streak for the seventh session in a row as investors’ gloomy attitude drove…
Investors in the stock market are abandoning the notion that the Federal Reserve and other significant central banks have their backs. Given the strong statistics and persistent inflation, hopes for…
The final audited reports from more firms listed on the Nigerian Exchange Limited have been made public. Nestle declared a final dividend of N36.50 per 50kobo ordinary share in its…
A N137,328,000,000 class IV bond issued by the Lagos State government has been placed on the Nigerian Stock Exchange. This information was provided in a notification by the exchange in…
At the close of last week’s trading on the floor of the Nigerian Exchange Limited, stock investors lost N281 billion. The market capitalization and NGX All-Share Index declined by 0.96…
The Nigerian stock market reacted sharply to the interest rate hike, with market capitalisation rapidly falling in comparison to the gain recorded. As a result, stock investors lost N24 billion…
Between the opening of the market on January 4, 2022, and the conclusion of business on December 30, 2022, investors in the Nigerian Exchange earned N5.618 trillion. Despite the threat…
13 businesses had an increase in share prices, while 13 firms saw share prices fall. At the close of trading on the NGX’s trading floor, investors had moved a total…
The Nigerian Exchange Limited (NGX) continued to decline as a result of losses suffered by blue-chip companies. The All-share Index (ASI) lost 0.09% or 45.19 basis points, ending the day…
The Japanese yen was trading at 144.95 yen per US dollar, its lowest level since August 1998. If “rapid, one-sided” movements in the currency market persist, the Japanese government stated…
September got off to a bumpy start as persistent worries about rising global interest rates and recessions hounded stock and bond markets on Thursday and drove the safe-haven U.S. dollar…
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 1.30% to close at N19.75 trillion from N19.50 trillion the previous week, reflecting a gain of N254.39…
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders; as recommended by their respective boards of directors. It is also important to track these…
The Nigerian stock market started the first trading session of the week bearish, shedding approximately N14 billion in market capitalization. The losses today were majorly attributable to profit taking and…
Softer than expected U.S. inflation data buoyed investors’ faith that twin rebounds in stocks and bonds will persist in a year of deep losses for both asset classes. Bear markets…
Negative sentiment witnessed on shares of some blue-chip firms quoted on the Nigerian Exchange has resulted in shareholders of Dangote Cement Plc losing about N409 billion in today’s trading. Checks…
Shares edged lower and the dollar hung off recent highs as investors eyed U.S. inflation data due a day later that will likely yield clues to any further aggressive Federal…
Strong earnings at Credit Agricole and Lufthansa lifted stocks as tension over Nancy Pelosi’s visit to Taiwan eased and markets bet the Bank of England will hike interest rates by…
Activities on the Nigerian Exchange Limited (NGX) returned to positive route following gains recorded by blue chip firms. Checks by Nairametrics showed that the gains recorded in the shares of…
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders; as recommended by their respective boards of directors. It is also important to track these…
Stanbic IBTC, FBN Quest, EFG Hermes led the list of top-performing stockbroking firms in the month of July 2022; jointly accounting for 31.6% of the total value of shares traded…