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Trade
Shareholders Disagree With SEC Over N170bn Unclaimed Dividend
Shareholders of quoted companies in the country have disagreed with Securities and Exchange Commission (SEC) on the…
Stocks Drop, But One Seasonal Stock Could Weather A Fall Downturn
Travel stocks have taken a hit this week as fears over the delta variant grow.
As of Thursday’s close, hotel…
Market Bull Sees New Highs Ahead, Says Don’t Bet Against United State Consumers
John Stoltzfus encouraged investors to remain optimistic despite this week’s wild market swings.
The Wall Street…
Tesla Is Facing A Critical Technical Support Level — And A Break Below Could Mean…
Tesla’s recent declines are taking the stock to treacherous territory, one trader warns.
Shares of the…
Bill Ackman SPAC Sued , Plaintiffs Say Sponsors Got ‘Staggering Compensation’
Bill Ackman’s troubled SPAC was hit with a lawsuit Tuesday that alleged the blank-check company awarded “staggering…
Equities Market Declines By N9bn On Profit-Taking In Banking, Oil & Gas…
Trading on the Nigerian equities market yesterday started the week marginally lower, as investors profit-taking in…
Afghanistan Is A ‘Disaster,’ But These Two Market Risks Are Higher On Invesco’s…
There are two risks high on Invesco’s radar, but the Taliban takeover in Afghanistan isn’t one of them.…
Cardano’s ADA Token Is Now World’s Third-Largest Cryptocurrency
A little-known digital token linked to the Cardano blockchain has just become the third-largest virtual currency in…
Nigeria Recorded $85.21bn Net Foreign Liabilities – IMF
Nigeria’s foreign liabilities stood at $187.36bn while the country’s foreign assets amounted to $102.15bn as of…
Nigeria’s Inflation Rate Projected To Drop To Single Digit In 2022 – CBN Official
The Central Bank of Nigeria has said that Nigeria’s inflation rate may drop to single digit in 2022.
The apex…
This Group Of Stocks Is On The Cusp Of Another Breakout, Oppenheimer Says
Momentum stocks have picked up speed to begin the week.
The MTUM ETF, which holds stocks such as Alphabet and…
Bitcoin Hits 3-Month High Above $45,000
Bitcoin gathered steam on Monday afternoon in London, heading above the $45,000 mark for the first time since…
Investors Stake N8.2 Billion On Equities In Five Trading Days
At the end of last week’s transactions, a turnover of 989.6 million shares worth N8.2 billion was recorded in 9,617…
Nigeria’s Foreign Reserve Rises By $79.1 Million In July 2021
Nigeria’s foreign reserve closed the month of July 2021 at $33.4 billion, appreciating marginally by $79.1 million…
Oil Settles Lower In Volatile Trade On Worries About Delta Variant
Oil settled lower on Tuesday, as concern about rising cases of the Delta coronavirus variant outweighed…
Mixed Reactions Trail CBN’s Hammer On Forex Sales To BDCs
The Central Bank of Nigeria’s (CBN) decision to stop forex sales to Bureau De Change (BDC) operators has continued…
Stock Market Dips by 0.3 Per Cent
Trading in the shares of Transnational Corporation of Nigeria, Oando and Fidelity Bank Plc dominated in volume…
BUA Cement Posts N21.03 Billion Profit After Tax For Q2 2021
Bua Cement Plc has released its financial statement for the second quarter ending June 30, 2021, which revealed the…
Seven African Exchanges Inch Towards Shared Trading
Cross-border trading is set for a lift as the African Securities Exchanges Association (ASEA) has signed a contract…
China Lifts Yuan Midpoint By The Most Since January
China’s central bank lifted its yuan midpoint to a one-month high on Friday to reflect a bounce in the spot market…
Forex Sale: ABCON To Identify Erring Members For Sanction
Bureau De Change (BDC) operators that violated Central Bank of Nigeria (CBN’s) guidelines on foreign exchange…
NGX Key Indicators Drop Further By 0.79% On Profit-Taking
Trading at the nation’s bourse extended a losing streak on Thursday, with key market indicators nosediving by 0.79…
Nigerian Manufacturers Battling Stunted Growth Blame Forex Scarcity
The manufacturing sector has seen woeful growth in the last five years, and a key problem is businesses can't find…
Coffee Prices Surge As Unusual Cold Threatens Brazilian Production
Arabica coffee prices rose 10% more on Monday, after jumping nearly 20% last week, to their highest in…
China Is Still Falling Short Of Meeting An Agreement To Reduce Its United State…
China’s purchases of U.S. goods are still falling short of trade agreement levels, even as overall Chinese imports…