It has been reported that shareholders of Access Holdings Plc, during its last Annual General Meeting (AGM), held in Lagos State, Nigeria, approved the $1.5 billion capital raise on Friday last week. ...
It has been reported that the naira noticed a significant shift against the United States dollar at the official market on Wednesday, following a slight depreciation on Tuesday.The naira closed Wednes...
The Nigerian Stock Market closed its eighth consecutive loss with an N57 billion win, which can be attributed to investors' demand for FBN Holdings (FBNH) Plc and 16 others.The NGX All-Share Index (AS...
Nigerian Breweries, one of the biggest beer manufacturers, announced on Tuesday in its recent note to the Nigerian Exchange Limited that it will proceed to restructure its entire business in response ...
The Nigerian stock market opened this week with a continuation of bearish sentiment. The benchmark indices at the Nigerian Exchange (NGX) indicated an average decline of 0.53%, equivalent to net capit...
It was reported on Sunday that the country's local currency (naira) increased against the US dollar, breaking through key resistance levels to trade below N1,000 in certain black market segments.This ...
Top market analysts have stated that they anticipate the current trend of downturns in equity prices to continue as market fundamentals shift in the face of rising volatility, portfolio rebalancing, a...
It has been reported that Indorama Eleme Fertiliser and Chemicals Limited, a Nigerian company, and the African Development Bank have concluded a $75 million loan agreement. The bank made this announce...
Nigerian stock investors lost N252 bn at the close of Thursday trading as the Nigerian Exchange sustained its bearish trading on Thursday.So far, the market has witnessed a combined loss of N467bn bet...
The Nigerian Stock Exchange finished Wednesday negatively, leading market capitalisation down. The NGX All-Share Index (ASI) declined 336.82 points, representing a 0.32% decline, to close at 104,...