THE uncertainty caused by the ongoing tariff war between the United States and some countries have triggered the exit of foreign exchange outflow from Nigeria, prompting a two-week depreciation of the...
Global tension and uncertainties have continued to fuel negative sentiments on the equities sector of the Nigerian Exchange Limited (NGX) as the market tumbled for the third consecutive week, causing ...
Bitcoin and other major cryptocurrencies tumbled on Tuesday as concerns over the US economy and trade tensions grew. Bitcoin dropped 3.2% to $79,937 after hitting a low of $76,624. Ethereum fell sharp...
Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.08 per cent to N66.769 trillion from an opening of N66.717 trillion recorded on Friday. The All-Share Index also ros...
Bitcoin prices experienced a 5% decline on Friday after U.S. President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve. Bitcoin’s value fell by 4.63% to $87,925 as of F...
The naira on Thursday fell sharply against the dollar by 3.5 percent in the parallel market, popularly called black market. Data collated from street traders and online data collating platforms showed...
European stock markets were lower on Thursday morning as investors monitored further earnings releases and U.S. President Donald Trump’s autos tariff exemption. The regional Stoxx 600 index gave up ea...
The Nigerian Exchange Group Plc has proposed a dividend payment of N4.4 billion as its profit before tax (PBT) representing 157.6 percentage growth rose to N13.5billion in its 2024 financial reports. ...
European markets closed sharply lower on Tuesday as global investors brace for the global impact of fresh U.S. tariffs on Mexico, Canada and China, along with retaliatory action. The St...
The Nigerian Exchange Limited All-Share Index (NGX ASI) shed 366.26 basis points, or 0.34 per cent to close at 107,455.13 basis points. Meanwhile, the market capitalisation rose by N95 billion or 0.14...
