Category: Stock news
Naira rebounds, gains N1.65 against dollar at official market
Naira The Naira on Friday closed the week stronger with a gain of N1.65 against the U.S. dollar at the official market, after it traded at N1,454.41. According to data...
Helios to acquire Frigoglass’ Nigerian glass assets
Helios Investment Partners will buy the Nigerian glass operations of the Frigoglass Group in a deal valued at up to €100 million. Frigoglass will...
NGX closes week lower as investors lose N129bn
Investors The NGX All-Share Index fell by 0.14 per cent to 143,520.53, while market capitalisation closed at N91.286.p trillion for the week. ...
NGX rebounds as investors gain N111bn
Investors Trading on the Nigerian Exchange bounced back to a bullish position on Thursday as investors booked a combined gain of N111 billion after...
Investors lose N68bn as market extends weekly decline
Decline The Nigerian stock market extended last week’s losses on Monday as investors shed N68 billion through sustained profit-taking. The downturn was driven...
Global stock market sell-off deepens amid AI worries
UK stocks has fallen sharply as the global sell-off deepens amid worries about an ongoing AI artificial intelligence spending splurge. London’s FTSE 100 fell by...
CBN interest rate hikes boost fixed-income market demand – Awodein
Yemi Cardoso,CBN Governor President, Association of Issuing Houses of Nigeria (AIHN), Mrs Kemi Awodein says the Central Bank of Nigeria’s aggressive interest rate...
NGX: Market increases by N733bn to end week positive Positive
The Nigerian stock market closed the week upbeat, gaining N733 billion or 0.75 per cent, and boosting investor portfolios. The positive trend was driven by...
Investors gain ₦963bn as stocks rally
The Nigerian equities market extended its bullish run on Tuesday, as investors gained ₦963 billion amid sustained buying interest in major stocks. The market...
Equities market loses N4bn after 12-day uptrend rally
The equities market, on Tuesday, recorded the first loss session after 12 consecutive sessions of positive performance. The...
