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...
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’...