Markets

Dangote Sugar Refinery Raises N486 Billion Through Rights Issue

Dangote Sugar Refinery has raised a whopping N485.9 billion from its existing shareholders through its Rights Issue. According to a filing by Dangote Sugar Refinery...

Nigerian Stock Market Reverses Gains, Loses N1.17trn on Sell-Offs

The Nigerian equities market on Tuesday reversed its four-session bullish run, losing N1.166 trillion in market capitalisation amid sell-offs in key stocks. Market capitalisation fell...

Stock Market Rebounds, Opens Week with N288bn Gain 

The Nigerian equities market opened the week on a positive note on Monday, advancing by 0.18 per cent as investors gained N288 billion. Buyers’ interest...

Binance bStocks Reaches $500 Million in Assets Under Management as a New Generation of Investors Turns to Tokenized Stocks

New data shows tokenized stocks are attracting a new generation of crypto-native investors, with Gen Z accounting for 44% of bStocks trading activity Binance has announced...

Investors Lose N1.01 Trillion as Stock Market Extends Losing Streak

The Nigerian stock market extended its bearish run on Thursday as investors lost N1.005 trillion following widespread selloffs across major sectors. Market capitalisation declined by...

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