Companies & Markets

Nigerian Stock Market Adds ₦189bn as JapaulGold, Fidelity Lead Surge in ₦17.1bn Turnover

Nigerian Stock Market Adds ₦189bn as JapaulGold, Fidelity Lead Surge in ₦17.1bn Turnover

The Nigerian Exchange (NGX) added approximately ₦189 billion in market capitalisation on Tuesday as the All Share Index (ASI) advanced… Read More

2 months ago

Nigeria’s N300bn Sukuk Oversubscribed by 735%, Attracts N2.2trn Subscriptions

The N300 billion Series VII Sovereign Sukuk by the Federal Government last month has hit a record-high oversubscription of N2.205… Read More

2 months ago

Nigerian Eurobond Yields Plunge to 9.7% Amid Surging Investor Demand

The average yield on Nigerian sovereign Eurobonds dropped by 9 basis points to 9.69% in the international debt market. The… Read More

2 months ago

Nigerian Stocks Surge to All-Time High as ASI Crosses 111,000 Points, Investors Gain ₦1.04 Trillion

The Nigerian equities market surged to a record high on Tuesday, May 27, 2025, with the All-Share Index (ASI) climbing… Read More

2 months ago

Oil Prices Drop Ahead of Crucial OPEC+ Meeting

Oil prices are declining ahead of the meeting of the Organization of the Petroleum Exporting Countries and its allies, collectively… Read More

2 months ago

Investors Flock to High-Yielding Assets as Central Bank Mops Up Liquidity

Nigerian Treasury and Open Market Operation (OMO) bills surged in the secondary market, triggering a significant shift in the yield… Read More

2 months ago

Trump to Redirect $3Billion Withheld Harvard Funding to US Trade Schools

U.S. President Donald Trump has said he is considering redirecting the $3 billion grant money for scientific and engineering research previously… Read More

2 months ago

FCTA Seizes Properties of FIRS, Access Bank, and Total Energy Over Unpaid Ground Rent

In a bold enforcement action, the Federal Capital Territory Administration (FCTA) has sealed off the premises of the Federal Internal… Read More

2 months ago

Oil Prices Surge as Trump Delays 50% EU Tariff Deadline

Oil prices climbed in the global commodity market on Monday, propelled by US President Donald Trump’s decision to delay imposing… Read More

2 months ago

Dangote Cement Sets May 27 for AGM, Proposes ₦30 Dividend for FY2024 Shareholders

Dangote Cement Plc, Africa’s largest cement producer, has announced that its 15th Annual General Meeting (AGM) will be held on… Read More

2 months ago