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IFC’s Invests $2 Billion Across Sectors in Nigeria
Sergio Pimenta, the Regional Vice President for Africa at the International Finance Corporation (IFC), revealed!-->…
Shell PLC Returns $23bn to Shareholders
Shell Plc, in a statement released by its Chief Executive Officer, Wael Sawan, announced that it returned $23!-->…
Bullish Trading on Stock Market, Gaining N902bn
The stock market experienced a bullish resurgence on Thursday, resulting in a substantial gain of N902 billion.
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Geregu Power Plc Proposes N8 Dividend per Share
Geregu Power Plc's board of directors has announced a proposed dividend of N8 per share for the 2023 financial!-->…
Foreign Exchange: Naira plungs to N1348.63/$
The Nigerian Autonomous Foreign Exchange Market witnessed a historic low on Monday as the naira plunged to!-->…
U.S. Stock Futures Retreat, Boeing Faces New Woes, Nvidia Hits Record High
U.S. stock futures are poised for a potential pullback after Monday's rally, influenced by gains in chip designer!-->…
Citi Downgrades Netflix, Cites “Lofty Expectations”
Citi strategists downgrade Netflix (NFLX) from Buy to Neutral, leading to a 2% pre-market decline. The rationale!-->…
Mixed Start for European Stock Markets as Investors Await Key Inflation Data
European stock markets began the week with mixed trading, reflecting subdued risk appetite among investors. The!-->…
Nigerian Domestic Stock Transactions Surge to N1968.4bn YTD, Foreign Investors…
Domestic transactions on the Nigerian Exchange Limited have soared to N1968.4 billion year-to-date, surpassing the!-->…
Stock Market Buzz: FBN Holdings, Japaul, UBA, and More Drive Active Trading Frenzy
In a dynamic trading session, the Nigerian stock market witnessed high activity, with FBN Holdings, Japaul!-->!-->!-->…
Foreign Investment in Nigerian Stocks Hits Lowest Level Since Reform-Driven Rally;…
Foreign investment in Nigerian stocks has dropped to its lowest point since President Bola Tinubu's reforms!-->…
Nairobi Stock Exchange Sees 50% Plunge in Investor Wealth in 2 Years”
Investor wealth in the Nairobi Securities Exchange (NSE) has been cut in half since reaching its record high!-->…
A loss at Airtel Africa Sent the Stock Market Down N569 billion.
Profit-taking by investors in Airtel Africa Plc continued to rule the Nigerian stock market at the start of the!-->…
Stock Market Value is Down by N622 billion.
Due to stock declines in several banking and telecom firms, investors lost N622 billion at the conclusion of!-->…
NGX Plans to Introduce Non-depository Receipts to Expand its Market.
The NDR would open up financial products traded on an offshore market to the investing public and provide!-->…
Stock Market Investors Records a N7 billion Loss in One Day.
The market capitalization of the Nigerian Exchange Limited had days of increasing movement, but investors lost N7!-->…
Due to Shaky Investor Sentiment, the Stock Market fell by N16 bn.
The Nigerian Exchange Limited (NGX) stock market began the new trading week yesterday by extending its losing!-->…
Stock Experts Believe That Central Banks Should Be Replaced.
Investors in the stock market are abandoning the notion that the Federal Reserve and other significant central!-->…
Nestle, Seplat, Lafarge To Pay Dividends
The final audited reports from more firms listed on the Nigerian Exchange Limited have been made public. Nestle!-->…
Lagos Issues A N137 Billion Bond On NGX
A N137,328,000,000 class IV bond issued by the Lagos State government has been placed on the Nigerian Stock!-->…
Investors in stocks suffer a loss of N281 billion in a single week.
At the close of last week's trading on the floor of the Nigerian Exchange Limited, stock investors lost N281!-->…
Stock Investors Lose N24 billion as Lending Rates Rise.
The Nigerian stock market reacted sharply to the interest rate hike, with market capitalisation rapidly falling in!-->…
In 2022 Stock Market Capitalization Increased by N5.6 trillion.
Between the opening of the market on January 4, 2022, and the conclusion of business on December 30, 2022,!-->…
Stock Market Loses N38bn As 13 Equities Decline.
13 businesses had an increase in share prices, while 13 firms saw share prices fall.
At the close of trading on!-->!-->!-->…
Blue-Chip Companies Suffered Losses.
The Nigerian Exchange Limited (NGX) continued to decline as a result of losses suffered by blue-chip companies.
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Stocks Plunge On Fed Rate Rise Predictions, And The Yen Falls To A New 24-year…
The Japanese yen was trading at 144.95 yen per US dollar, its lowest level since August 1998. If "rapid,!-->…
Stocks Slide, Dollar Spikes.
September got off to a bumpy start as persistent worries about rising global interest rates and recessions hounded!-->…
SWOOTs Capitalization Up By N254 Billion.
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 1.30% to close at!-->…
Nigerian Stocks: List Of Dividends Announced In 2022.
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders; as!-->…
Nigerian Stock Market Starts The Week Shedding N14 billion.
The Nigerian stock market started the first trading session of the week bearish, shedding approximately N14!-->…