The stock market has been on the uptrend for the fifth consecutive week and this movement was driven by investors taking positions for portfolio rebalancing, prompted by pressured sell-offs across var...
Singapore-listed Olam Group on Feb 24 said it will sell a 44.58 per cent stake in its agricultural products business Olam Agri for US$1.78 billion (S$2.35 billion) to Saudi Agricultural and Livestock ...
The Nigerian stock market experienced a downturn on Thursday, as bearish sentiment returned, resulting in a N26 billion loss for investors. Consequently, the market capitalization of the Nigerian Exch...
The naira’s strong performance has continued as the local currency appreciated again to close at N1514/$1 at the parallel market on Wednesday, February 19, 2025. This represents an N11 or 0.72% gain w...
The committee was set up on Tuesday during the first meeting council for 2025 held at the Presidential Villa, Abuja. The committee headed by the Minister of State for Industry, Trade and Investment, S...
The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the drastic reduction in inflation figures following the rebasing of the Consumer Price Index (CPI) does not necessarily tr...
The National Bureau of Statistics (NBS) has announced the introduction of special inflation indices to its monthly Consumer Price Index (CPI) report. This was disclosed by the Statistician-General of ...
The Nigerian equities market extended its bullish momentum for the second consecutive week in February, as improved corporate performance across sectors lifted market capitalisation by N1.3 billion. L...
Thirteen listed insurance companies on the Nigerian Exchange (NGX) Limited recorded N574.658 billion revenue for the financial year ended December 31, 2024 despite the low penetration of insurance in ...
In the past week, the naira experienced a mixed performance across various segments, reflecting the Central Bank of Nigeria’s ongoing efforts to stabilise the currency. Analysts said that forex market...
