- NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology
- XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30
- Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout
- Naira Touches N1,395 to US Dollar as FX Order Book Surges
- Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet
- Oil Prices Edge Higher, Brent Rises 5% Week-on-Week to $115
- FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
- XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
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.
The Transmission Company of Nigeria (TCN) says the national grid was restored at about 9.57 p.m. on Saturday after a partial collapse.
TCN’s General Manager, Public Affairs, Ndidi Mbah in a statement in Abuja on Sunday, said there was a partial disturbance of the grid at about 3.09 p.m. on Saturday.
Mr Olubukola Akinwumi, a Deputy Director at the Central Bank of Nigeria (CBN), on Friday explained how