On 30 May 2023, the UK’s FTSE 100 experienced a two-month low a fall in oil prices falling, and a decline in leading shares. On the other hand, Unilever had a drop after the consumer goods firm made...
The Nigerian stock market started with positive news in July (Q2 2023) as investors gained N534 billion on the first trading day of the month. This news was recorded on the closing day yesterday as in...
Nigeria's downstream sector refers to the activities and processes involved in the refining, distribution, and marketing of crude oil and petroleum products. The downstream sector is a critical aspect...
TotalEnergies Marketing Nigeria Plc recently announced that for FY 2023, it will distribute a total of N8.49 billion to its shareholders as a dividend at a rate of N25 per share.This was stated in the...
The National Bureau of Statistics (NBS) reported Monday that Nigeria's annual inflation rate rose to 33.20% in March from 31.70% in February.According to the statistics office, the headline inflation ...
Dangote Refinery Exports First Petrol Shipment to Cameroon In a milestone development for Africa’s energy sector, the Dangote Petroleum Refinery has successfully exported its first batch of Pre...
U.S. Stocks Climb, Yields Slide as Traders Monitor Tariff DevelopmentsKey Highlights:U.S. stock markets closed higher for a second day, with the S&P 500 and Dow Jones each risi...
Last week, the industrial products index fell by 0.5% after the sector fell on the losers chart. Price depreciation in CAP (-2.2%) was the major cause of the decline witnessed by the sector.Eterna Plc...
On Thursday, the Nigerian Stock Exchange Limited (NGX) finished positive with stock appreciation in Okomu Oil Plc and 49 other equities.The NGX All Share Index gained 891.31 basis points, or 1.21%, to...
A futures contract is a legal agreement signed between two parties to buy or sell a particular commodity, asset, or security at a predetermined price and an agreed date in future. The payment and deli...