- Reforms Restoring Stability, Investor Confidence – Tinubu
- Oil Prices Dip Below $90 on Potential US-Iran Deal
- ECB Hikes Rates 25bps, Targets 3% Inflation for 2026
- Rand Slides as World Bank Cuts South Africa’s 2026 GDP Growth
- Wall St, European Markets Surge on AI Stock Rally Ahead of SpaceX Debut
- Fitch Affirms African Development Bank at ‘AAA’, Outlook Stable
- Naira Depreciates as Interbank FX Turnover Declines
- Equities Investors Lose N73bn as Nigerian Exchange Index Dips
Analysis
Equities investors lost about N73 billion as the Nigerian Exchange (NGX) All-Share Index (ASI) dipped on Thursday ahead of the Democracy Day holiday.
Oil prices rose as escalating military exchanges between the US and Iran and renewed tensions surrounding the Strait of Hormuz heightened fears of disruptions to global crude supplies.
The average yield on Nigerian Treasury bills (NTB) climbed by 12 basis points (bps) in the secondary market on Wednesday as investors sold off naira assets.
AXA Mansard Climbs by 28% on Bargain Hunting, Pays Dividend Insurance company AXA Mansard Plc…
FirstHoldco Jumps by 14% Ahead of Board Meeting, Earnings The market value of FirstHoldco Plc…
GTCO Climbs to N3.43trn, Beats Equities Analysts Target Prices Guaranty Trust Holdings Company (GTCO) Plc.…
Zenith Bank Soars to N2.9Trn, Investors Eye Earning, Dividend Zenith Bank Plc expanded to about…
Ikeja Hotels Shareholders ‘Hopeful’ after SEC Intervention After nearly a decade of protracted internal conflict,…
MTN Nigeria Hits N8.18trn, Analysts Positive on Earnings Outlook Telecommunication company MTN Nigeria Plc hit…