Month: July 2024

International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company as capable of resolving Nigeria’s foreign exchange (forex) issue and its huge pressure on the local Naira currency, while also catalysing the country’s economic development.

The Transmission Company of Nigeria (TCN) says  national grid was restored at about 9.57 p.m. on Saturday after a partial collapse.

Ikeja Hotel Plc ended trading sessions on the Nigerian Exchange (NGX) 12% cheaper than its opening market price. The hospitality company’s reduced market value happened following disengagement by some investors in an effort to realign their portfolios.

Buying interest in Coronation Insurance (Ticker: WAPIC) bolstered the company’s market value by 18%, trading data from the Nigerian Exchange revealed.

Oando Plc was one of the stocks that bucked negative trend on the Nigerian Exchange (NGX) last week with 13.3% positive price movement. Demand for the company

Veritas Kapital Assurance Plc made it to the top with 25% share price appreciation on the Nigeria Exchange following unusual volume traded in the market last

Conoil Plc surged by 21% to reach 52 week high on the Nigerian Exchange (NGX) as earnings release spur investors’ buying sentiment. The price surge followed the

Jaiz Bank Plc’s market value surged by about 20% in the equities market due to increased buying interest after the Islamic lender announced closed period.

The market index slumped following N21 billion loss recorded on the Nigerian Exchange (NGX) as a result of profit taking trading activities.

Mr Olatunbosun Oyintiloye, a chieftain of the All Progressives Congress (APC), has appealed to President Bola Tinubu to urgently address the issue of high cost of food items in the country.