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...
The Nigerian Pension Fund Index increased by 16% in June, as optimism among investors pushed stocks rising. According to the NGX statistics, the Pension Fund Index has gained a stunning 44% YTD o...
Jeff Bezos, the former CEO of Amazon and one of the world's wealthiest individuals, recently faced a remarkable decline in his net worth. Startling data indicates a staggering $1.1 billion decrease, l...
Zenith Bank Plc earnings rose to a market valuation of over N1 trillion making it the first financial institution in Nigeria to surpass the billion bracket. According to statistics, from the Nige...
Reports show that in the first quarter of 2023, the two largest traded businesses in Nigeria were the telecommunications firms with Airtel Africa and MTN Nigeria having market values of N5.56 trillion...
The stock markets of 2023 have exceeded expectations, defying the predicted economic recession and stock decline. Despite regional bank failures and increasing interest rates, the US economy continues...
Despite the challenges of struggling with inflation rates in Nigeria, some Nigerian stocks made an outstanding impression of beating inflation in the month of May. 6.4% gain was registered as a month-...
The strong earnings from Dangote Sugar are attracting potential investors to bid for its stock which has led to a 36.21% appreciation in Q1 2023.Between 2020 and June 2023 which was a roll of 42 month...
Nigerian stocks hit their highest level since 9 June 2008 on Tuesday, with the benchmark index surging by 4% as a result of the arrest of the central bank governor, Godwin Emefiele, over the weekend.T...
In a surprising twist, the shareholders of Toyota have cast their votes in favor of retaining Akio Toyoda as the chairman of the largest car manufacturer globally. This unexpected turn of events has r...