Markets

Stock Market Opens Week with 0.05% Decline, Investors Lose N76bn

The Nigerian stock market opened the week on a bearish note on Monday, as investors lost N76 billion amid profit-taking in insurance, banking and...

Dangote Petroleum Refinery Successfully Completes $2.5 Billion Landmark Private Equity Deal

In a major boost for Africa’s energy and capital markets, Dangote Petroleum Refinery and Petrochemicals FZE has completed a US$2.5 billion private equity placement, marking...

Naira Extends Gains in the Official Market

The Naira opened the trading week stronger on Monday, appreciating by N1.92 against the United States dollar at the official foreign exchange market. Data published...

Analysts Predict Stock Market Recovery After Recent Sell-Offs

Investment analysts have predicted that the Nigerian stock market will rebound in the weeks following the recent selloff that wiped N5.643 trillion from investors’...

Nigerian Stock Market Sheds N73bn

The Nigerian equities market reversed its winning streak on Thursday, closing the week on a negative note as investors lost N73 billion. The market traded...

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