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...
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...
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...
The Nigerian stock market, tracked by the All-Share Index, wrapped up the trading session ending February 12, 2025, with a strong surge, gaining 1,247.80 points to close at 107,822.52. This significan...
Cashew nuts, represented by the ticker symbol SCSN, have surged over 17% year-to-date in the commodities market, outpacing cocoa to become the top-performing commodity thus far in 2025. This informati...
The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing reforms by the Central Bank of Nigeria. The naira buying price in the blac...
The Africa Energy Bank aims to finance oil and gas projects while supporting Africa’s energy transition, with an ambitious target of reaching a $120 billion asset base. Initially expected to commence ...
