- PenCom Advances Pension Administration With New Reforms
- Nigeria’s Oil Reforms Will Unlock $50bn Deep Offshore Investments -Tinubu
- EFCC Opposes Diezani’s Plea to Present Evidence of UK Court Judgment Acquitting Her
- Rand Drops Against Crosses on Global Risk Sentiment Shifts
- U.S., European Stocks Rally, AI Demand Drive Global Risk Appetite
- Cyber Attacks Raise Operational Risks for Financial Institutions
- Funding Costs Moderate as Financial System Liquidity Tops N5trn
- Naira Weakens on FX Liquidity Shortfall, Dollar Spread Widens
Business
Global equities markets rose as expectations for U.S. Federal Reserve rate hikes eased, with technology and AI stocks
Nigerian Exchange Opens Negative, Investors Lose N275bn The equity segment of the Nigerian Exchange (NGX)…
Stock Market: Profit-Taking, Liquidity Rotation, Oil Risk Define Nigeria’s Week Ahead As the Nigerian financial…
MTN Nigeria Plc lost 6.46% of its market value, equivalent to N1.028 trillion, amid large-scale selloffs on the Nigerian stock market. The telco company’s market value plunged as investors dumped shares on the Nigerian Exchange, according to trading data tracked by MarketForces Africa.
The market value of Zenith Bank Plc.’s 41.069 billion outstanding shares increased by approximately 8%, reaching N4.569 trillion, following a rapid rally that aligned with broader market trends last week.
GTCO Plc has reached a market valuation of N4.513 trillion on the Nigerian stock market, amid significant gains by its main competitor, Zenith Bank.
Cardoso’s Administrative Reform Unlocks Dormant Wealth In a decisive administrative reform with far-reaching implications for…