SpaceX Shares Slip Below IPO Price as Investor Optimism Fades Amid Valuation Concerns
SpaceX shares dropped below their $135 initial public offering (IPO) price for the first time on Wednesday, signaling a major…
Category: Stock
NGX Gains N390bn as Banking Stocks Drive Market Rally Despite Weaker Trading Activity
The Nigerian Exchange (NGX) extended its bullish run on Wednesday, adding a remarkable N390.32bn to investors’ wealth as strong demand…
Stock Buy Recommendations: Zenith, UBA and Access top Brokers’ list
Nigeria’s stock market is showing strong signs of recovery after a sharp sell-off in June 2026 wiped out more than…
Stock Futures Rise as Cooling Inflation Boosts Fed Rate Cut Hopes
Wall Street appeared set for another positive session on Wednesday as stock futures edged higher following a surprisingly soft U.S.…
US stocks climb as inflation eases, banks impress
Wall Street caught a breath of fresh air on Tuesday morning as cooling inflation data and a blockbuster start to…
NGX Loses N1.32 Trillion as Profit-Taking Triggers Broad Market Sell-Off
The Nigerian Exchange (NGX) started the week on a bearish note as investors wiped off an estimated N1.32 trillion from…
Dow Futures Slide as IBM Earnings Miss and Oil Prices Surge Ahead of Key Inflation Report
Wall Street faced fresh pressure on Tuesday morning as Dow futures tumbled more than 250 points, driven by disappointing corporate…
Stock market investors trade N220.6bn shares as banking sector dominate activity
The Nigerian Exchange (NGX) turned into a bustling financial powerhouse this past week as stock market investors traded a massive…
Nigerian Investors Pocket N3.45 Trillion as Stock Market Rally Extends, Boosting Market Confidence
The Nigerian stock market delivered another impressive performance on Tuesday, adding N3.45 trillion to investors’ wealth as renewed buying interest…
Airtel Africa Powers NGX Rally as Investors Gain N3.45 Trillion, Market Return Climbs Above 55%
The Nigerian stock market staged a remarkable comeback on Wednesday, delivering its strongest single-day performance in weeks as investors gained…
NGX Loses N13 Trillion in June: How Investors Can Spot Bargains and Avoid Value Traps
Nigeria’s stock market endured a turbulent June 2026, wiping out more than N13 trillion in investor wealth as widespread selloffs…
U.S. Stock Futures Remain Volatile Ahead of Key Jobs Report as Investors Assess Market Outlook
U.S. stock futures traded cautiously on Thursday as investors awaited the release of a crucial employment report that could provide…
NGX unveils 2025 midyear index assessment results
The Nigerian Exchange Limited (NGX) has announced the results of its highly anticipated 2025 Midyear Index Review, introducing significant changes…
NGX Opens July with N2.39 Trillion Loss as Profit-Taking Hits Dangote Cement, Zenith Bank, Aradel
The Nigerian Exchange (NGX) began the month of July with a significant setback as investors lost approximately N2.39 trillion in…
Analysts Advise Investors to Focus on Strong Stocks as Nigerian Equities Market Faces Fresh Pressure
The Nigerian equities market came under renewed pressure last week as persistent sell-offs wiped billions of naira from investors’ portfolios,…
NGX Weekly Turnover Crashes 47% as Investors Pull Back Amid Market Uncertainty
The Nigerian Exchange (NGX) recorded a sharp decline in trading activity last week, with total market turnover falling by 47.18…
Nigerian Stock Market Extends Losses as Investors Wipe Out N959bn in One Day
The Nigerian stock market suffered another major setback on Thursday as persistent sell-offs erased N959 billion from investors’ wealth, extending…
Micron Stock Soars 16% as AI-Driven Earnings Smash Expectations
Micron Technology stunned investors on Thursday as its shares jumped more than 16% in premarket trading following a blockbuster earnings…
Airtel Africa, Banking Giants Power NGX Rally as Investors Gain N1.64 Trillion in Two-Day Rebound
The Nigerian stock market continued its impressive rebound on Tuesday as investors gained N1.64 trillion in market value, extending the…
NGX Banking Stocks Underperform in 2026 Market Rally as Oil and Industrial Sectors Lead Gains
Nigeria’s banking sector is struggling to keep pace in the ongoing 2026 equities boom, as banking stocks on the Nigerian…
Domestic Investors Drive NGX Transactions to N1.94 Trillion as Market Activity Surges 177%
Trading activities on the Nigerian Exchange Limited (NGX) maintained strong momentum in May 2026, with total market transactions climbing to…
Nigerian Stocks to Watch This Week: Fidson, Africa Prudential, Access Holdings Lead Analyst Picks After Market Slump
The Nigerian stock market started the week on a cautious note as investors continued to digest last week’s sharp 3.6…
NGX Oil & Gas Stocks Lead Wealth Creation as Sector Surges 111% Despite Market Correction
Nigeria’s stock market may be experiencing a correction, but investors who positioned themselves in the right sectors have continued to…
Global Stock Markets Mixed as Investors Weigh U.S.–Iran Peace Deal Stability Amid Holiday-Thinned Trading
Global stock markets delivered a mixed performance on Friday as investors continued to assess the strength and long-term durability of…
NGX Introduces New Share Price Movement Rules, Sets Volume Thresholds to Reshape Market Trading
The Nigerian Exchange (NGX) has rolled out a major reform to its trading structure, introducing new rules that require minimum…
Nigerian Stocks Pull Back After 55% Rally as NGX Enters Healthy Consolidation Phase
After a powerful run that saw Nigerian equities surge more than 55% in just six months, the market has finally…
Banking Stocks Drag NGX Lower as GTCO, Zenith, UBA Trigger ₦782bn Market Loss
The Nigerian equities market closed in the red on Tuesday, June 16, 2026, as heavy selloffs in major banking stocks…
S&P 500 Futures Edge Higher as Investors Await Fed Decision, SpaceX Extends Rally
U.S. stock futures traded cautiously higher on Wednesday as investors turned their attention to the Federal Reserve’s latest interest rate…
NGX Gains 0.6% Weekly Despite Midweek Dip as Airtel, MTN, and First HoldCo Drive ₦52.8bn Turnover Rally
The Nigerian equities market closed the shortened trading week on a positive note, with the Nigerian Exchange (NGX) recording a…
Nigerian Stock Market Gains N100bn as Bulls Extend Rally for Fourth Straight Session
The Nigerian equities market maintained its upward momentum on Wednesday, extending its bullish run to a fourth straight trading session…