NGX Trading Summary for Friday, December 27, 2024Market Performance Overview:At the close of trading on Friday, December 27, 2024, the Nigerian Stock Exchange (NGX) recorded a total of 443,732,608 sha...
Airlines stocks beat market by most in a decade as travel boomsA record year for travel in the US is pushing airline stocks to a soaring annual outperformance, and the prospect of sustained earnings p...
Eight Nigerian Banks See Market Value Surge to ₦7.2 TrillionAs of December 24, 2024, the total market capitalization of eight major Nigerian banks rose to ₦7.20 trillion, reflecting a ₦109.10 bi...
Vitafoam Nigeria: Key Financial Highlights and Strategic Moves in 2024Vitafoam Nigeria Plc, a leading manufacturer and distributor of mattresses and bedding, reported mixed financial results for the n...
Nigeria Partners with Bloomberg to Rebrand Its Image and Attract Foreign Investment The Nigerian government is embarking on a strategic collaboration with Bloomberg, the global media powerhouse, ...
Nigeria’s Mergers and Acquisitions Boom: Key Deals Shaping 2024Detailed Breakdown:2024 witnessed an unprecedented surge in mergers and acquisitions (M&A) activity in Nigeria, marking the busiest...
Holiday Spending Recap and Key Stock UpdatesMastercard reported that U.S. holiday retail sales rose 3.8% from November 1 to December 24, exceeding their earlier forecast of 3.2% and last year's 3.1% i...
Netflix Sets NFL Streaming Records on Christmas Day, but Stock SlipsNetflix achieved a major milestone with its Christmas Day coverage of two NFL games, setting new streaming records for the league an...
Apple Hits All-Time High Amid AI Growth Hype! Apple (AAPL) closed at a record-breaking $259.02 on Thursday, and analysts at Wedbush believe this is just the beginning. They’ve raised their pric...
Market Summary; December 26thThe S&P 500 dipped slightly by 0.04% (-2.45 points) to close at 6037.59 on Thursday, Dec. 26, 2024, as the pre-Christmas rally fizzled. The Dow also edged lower, while...