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Forex Crisis May Delay Foreign Investment, Says Report
A recent report titled "Finding Rain in Drought." by Comercio Partners, a prominent research and investment firm,…
Femi Otedola Set to Recieve $17m from Geregu Power Plant
Nigerian billionaire Femi Otedola is set to receive a substantial final dividend exceeding $17 million from his…
Cadbury Shareholders Approve Conversion of Loan to Equity
At a General Meeting held in Lagos, shareholders of Cadbury Nigeria Plc endorsed the conversion of an outstanding…
Nigerian Exchange Records N849 Billion Loss
On Tuesday, the Nigerian Exchange witnessed losses spurred by declines in BUA Cement, Sterling Financial Holding…
Airtel Africa Plans $100 million Share Buyback
Airtel Africa Plc has unveiled its intention to repurchase up to $100 million worth of its shares, underscoring…
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 $23…
Bullish Trading on Stock Market, Gaining N902bn
The stock market experienced a bullish resurgence on Thursday, resulting in a substantial gain of N902 billion.
…
Geregu Power Plc Proposes N8 Dividend per Share
Geregu Power Plc's board of directors has announced a proposed dividend of N8 per share for the 2023 financial…
Foreign Exchange: Naira plungs to N1348.63/$
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.
…