Local stocks at the Nigerian Stock Exchange started the week negatively after equities in Dangote Sugar Refinery Plc and 29 others dropped N239 billion in market capitalisation.The NGX All-Share Index...
The Central Bank of Nigeria (CBN) has increased the benchmark interest rate by 200 basis points to 24.75%. This was made at the recent Monetary Policy Committee (MPC).This was made during the Tuesday ...
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...
Elon Musk, the owner of X, formerly known as Twitter, recently revealed that all users who subscribe to its premium version of the social network will soon be able to access Grok. Grok, a chatbot deve...
In Q4 2023, it was gathered that Nigeria's public debt stock rose from N87.38 trillion (US$113.42 billion) in Q3 2023 to N97.34 trillion (108.23 billion dollars) in the fourth quarter.The National Bur...
Dr. Iziaq Salako, the Minister of State for the Environment, announced that the ministry will begin a regular audit of foreign and domestic oil companies' plans through the National Oil Spill Detectio...
Investors at the Nigerian Stock Exchange closed yesterday with a positive move. The market recovered from the previous trading day when market capitalisation was down by N107 billion due to investors'...
Access Holdings recently reported that its profits increased by 306.91% to N619.32bn for the financial year 2023, far from the corresponding year, which settled at N152.20bn in 2022.This was revealed ...
Recent data collected from both market segments from the trading session on Wednesday showed that the value of the naira appreciated against the dollar on all foreign exchange markets.The naira closed...
According to a World Federation of Exchanges report, the global equity market's capitalisation increased by 13% or more than $13 trillion in 2023.The international exchange organisation recently relea...