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Oando Plc Spiral Down to N600 Billion in Market Value

Oando Plc fell in the latest round of sell activities on the energy stock, a scary development that has reduced its market value by about 51% from its 52-high in the equities segment of the Nigerian Exchange.

Naira Tumbles as FX Demand Pressures Heat Up, Spread Reduces

Naira Tumbles as FX Demand Pressures Heat Up, Spread...

US Dollar Rises Ahead of FOMC Announcement

US Dollar Rises Ahead of FOMC Announcement The US dollar...

FCTA Approves N1.94bn for Procurement of Earth-Moving Machines

FCTA Approves N1.94bn for Procurement of Earth-Moving Machines The Federal...

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Oando Plc Spiral Down to N600 Billion in Market Value

Oando Plc fell in the latest round of sell activities on the energy stock, a scary development that has reduced its market value by about 51% from its 52-high in the equities segment of the Nigerian Exchange.

Naira Tumbles as FX Demand Pressures Heat Up, Spread Reduces

Naira Tumbles as FX Demand Pressures Heat Up, Spread...

US Dollar Rises Ahead of FOMC Announcement

US Dollar Rises Ahead of FOMC Announcement The US dollar...

FCTA Approves N1.94bn for Procurement of Earth-Moving Machines

FCTA Approves N1.94bn for Procurement of Earth-Moving Machines The Federal...

AfDB Invests $8bn in Water Infrastructure Across Africa

AfDB Invests $8bn in Water Infrastructure Across Africa The African...

SA Major Banks to Expand Loss-Absorbing Capacity from 2026 –Fitch

SA Major Banks to Expand Loss-Absorbing Capacity from 2026...

Analysis

Oando Plc Spiral Down to N600 Billion in Market Value

Oando Plc fell in the latest round of sell activities on the energy stock, a scary development that has reduced its market value by about 51% from its 52-high in the equities segment of the Nigerian Exchange.

Transcorp Hotels: Gradual Rise to N150/s on Building Momentum

Transcorp Hotels: Gradual Rise to N150/s on Building Momentum Transcorp...

FCMB Climbs as Investors Await Audited Results

FCMB Climbs as Investors Await Audited Results FCMB Group Plc.’s...

Livestock Feed Soars by 22% on Fresh Rally

Livestock Feed Soars by 22% on Fresh Rally Livestock Feeds...

Latest Business

ECONOMY

Inside Africa

Investment

Equities Investors Lose N289bn as Transcorp, Oando Dip

Equities Investors Lose N289bn as Transcorp, Oando Dip Equities investors...

Nigerian Exchange Sheds N266bn as BUA Cement, Wema Bank Fall

Nigerian Exchange Sheds N266bn as BUA Cement, Wema Bank...

US Dollar Rises Ahead of FOMC Announcement

US Dollar Rises Ahead of FOMC Announcement The US dollar...

FCTA Approves N1.94bn for Procurement of Earth-Moving Machines

FCTA Approves N1.94bn for Procurement of Earth-Moving Machines The Federal...

No Explosion at Port Harcourt Refinery, NNPC Clarifies

No Explosion at Port Harcourt Refinery, NNPC Clarifies The Nigerian...

Air Peace Reduces London Fare By N600,000

Air Peace Reduces London Fare By N600,000 Air Peace Ltd....

Financial Products

Market Talks: What to Do to Overvalued Investment Assets

Market Talks: What to Do to Overvalued Investment Assets Sell it. Exit position in anything that is overvalued—even a relationship. Savvy investors don’t buy overvalued...

Foreign Investors Bet on Nigerian Tops Stocks

Foreign Investors Bet on Nigerian Tops Stocks Foreign portfolio investors,...

Yield Rises as Investors Trim Bonds Holding Ahead of Inflation

Yield Rises as Investors Trim Bonds Holding Ahead of...

CBN to Open N800bn Treasury Bills for Subscription

CBN to Open N800bn Treasury Bills for Subscription The Central...

Money Market Rates Soar as Banking Deficit Expands

Money Market Rates Soar as Banking Deficit Expands Money market...

GTCO Recovers after Investors Price Block Trade

GTCO Recovers after Investors Price Block Trade GTCO climbs slightly...

Nigeria Bonds Yield Clears at 18.40% Ahead of Inflation

Nigeria Bonds Yield Clears at 18.40% Ahead of Inflation The...

Yield Slides on Post Auction Demand for Nigerian Treasury Bills

Yield Slides on Post Auction Demand for Nigerian Treasury...

Money Market Rates Steady Amidst Widening Banking Deficit

Money Market Rates Steady Amidst Widening Banking Deficit Money market...

Money Market Rates Increase over Huge Banking Deficit

Money Market Rates Increase over Huge Banking Deficit Banking system...

FIN MARKET

Naira Tumbles as FX Demand Pressures Heat Up, Spread Reduces

Naira Tumbles as FX Demand Pressures Heat Up, Spread...

US Dollar Rises Ahead of FOMC Announcement

US Dollar Rises Ahead of FOMC Announcement The US dollar...

FCTA Approves N1.94bn for Procurement of Earth-Moving Machines

FCTA Approves N1.94bn for Procurement of Earth-Moving Machines The Federal...

No Explosion at Port Harcourt Refinery, NNPC Clarifies

No Explosion at Port Harcourt Refinery, NNPC Clarifies The Nigerian...

Air Peace Reduces London Fare By N600,000

Air Peace Reduces London Fare By N600,000 Air Peace Ltd....

Over 90% of Nigerian Lands Unregistered, Minister Says

Over 90% of Nigerian Lands Unregistered, Minister Says The Minister...

Equities Investors Lose N289bn as Transcorp, Oando Dip

Equities Investors Lose N289bn as Transcorp, Oando Dip Equities investors...

Cryptocurrency

North Korea Behind $1.5bn Cryptocurrency Heist, Says FBI

North Korea Behind $1.5bn Cryptocurrency Heist, Says FBI The U.S....

Bitcoin Climbs to $100k as Cryptocurrencies Market Recovers

Bitcoin, Ethereum climbed as top cryptocurrencies rebounded strongly Tuesday after sell pressures reduced the value of all major assets in the market. Data showed that the global crypto market cap gained, settling at $3.26 trillion, a 6.35% increase over the last day.

Bitcoin Climbs to $101K Ahead FOMC Meeting

Bitcoin Climbs to $101K Ahead FOMC Meeting With 58.25% dominance,...

Global Crypto Market Cap Falls Sharply as Bitcoin Retreats

The global market value of all cryptocurrencies fell sharply as bitcoin (BTC-USD), Ethereum, and other major prices retreated on Monday.

Bitcoin Nears $108K as U.S President Launches Meme Coin

Bitcoin Nears $108K as U.S President Launches Meme Coin The...

Bitcoin Rises by 3.3% as Top Cryptocurrencies Rally

Bitcoin Rises by 3.3% as Top Cryptocurrencies Rally Bitcoin (BTC-USD)...

Bitcoin, Global Crypto Market Cap Surge in Latest Rally

Bitcoin, Global Crypto Market Cap Surge in Latest Rally Bitcoin,...

Bitcoin Falls to $90,500 as Sell Pressures Heat Up

Bitcoin Falls to $90,500 as Sell Pressures Heat Up The...

Fintech

Moniepoint Women in Tech initiative Turns 5, Expands Access for 15 Interns

Moniepoint Women in Tech initiative Turns 5, Expands Access for 15 Interns As the world marks International Women’s Day (IWD), Moniepoint Inc, leading digital financial services...

SEC to Roll out Guidelines for Fintech in 2025 – Agama 

SEC to Roll out Guidelines for Fintech in 2025...

SEC Pledges Transparency, Fairness in Fintech Regulation

SEC Pledges Transparency, Fairness in Fintech Regulation The Securities and...

Palmpay, Jumia Partner to Enhance Digital Payments in Nigeria

Palmpay, Jumia Partner to Enhance Digital Payments in Nigeria PalmPay,...

Fiducia, Mynd Partner to Enhance Supply Chain Financing in Africa

Fiducia, Mynd Partner to Enhance Supply Chain Financing in...