The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has provided details on the bank’s approach to restoring the true value of the Naira. Speaking at the 59th annual bankers’ dinner organised by the Chartered Institute of Bankers…
Investors in the Nigerian equities market endured a bearish week that culminated in a weekly loss of N185.59 billion on the trading floor. This follows a gain of N77.77 billion the previous week. The bourse recorded losses in three of…
Investors in the Nigerian equities market gained N305 billion at the close of trading on Thursday. This followed a surge in the share prices of stocks like VITAFOAM, ARADEL, and FT COCOA amongst others on the trading floor. After five…
The Nigerian equities market closed positively on the trading floor of the Nigerian Exchange Group (NGX) on Tuesday, November 26, 2024, as investors gained N8bn. This followed a surge in the share prices of stocks like HMCALL, SUNUASSUR, and Japaul…
Wema Bank, Nigeria’s innovative leader in banking and pioneer of Africa’s first fully digital bank, ALAT, has officially announced the 35 exceptional teams advancing to the grand finale pitch of Hackaholics 5.0. The grand finale pitch is set to hold…
Ahead of Tuesday’s decisions of the ongoing monetary policy committee (MPC) meeting, Nigeria’s equities market closed in red (-0.21percent). “We anticipate a mixed market performance in the coming week as investors shift their focus to the outcome of the MPC…
The Securities and Exchange Commission on Monday, revealed that banks and other companies raised N2.7tn from the capital market in the first 11 months of 2024. It said the sum was generated through various investments, securities, and financial instruments in…
The Nigerian equities market ended the previous week with a loss of N98 billion by investors on Friday. This followed a dip in the share prices of stocks like Multiverse, Daar communication, and FBNH amongst others on the trading floor.…
The Nigerian equities market wrapped up a relatively quiet trading week with a notable gain of N77.77 billion. Despite the subdued activity, the market managed to sustain positive momentum, reflecting investor confidence in select stocks. This follows a gain of…
Shares of Unilever Nigeria Plc have soared 28 percent week-to-date in the trading week starting on November 18, 2024, pushing the year-to-date performance to over 95 percent. The rise comes on the heels of the company’s Q3 financial results, announced…
