- Risk-Off Mood: NGX Index Drops, Investors Lose N262 Billion
- Cardano Extends Rally on RealFi Launch, Payments Partnership
- AI Poses Risks to Financial Markets, Bank of England Chief Warns
- Oil Prices Ease on Supply Boost Expectation, Brent Dips to $101
- South African Rand Weakens, Demand Keeps US Dollar Firmer
- Micron Technology Tokenised bStocks Up on Q4 Earnings Beat
- Wall Street Climbs, FTSE 100 Dips as 30-Year Gilt Yield Tops 6%
- Naira Gains N3.78 in Sept., Foreign Reserves Rise $1.11bn
Companies
GCR Ratings has affirmed HBM Nigeria Plc’s national scale long-term and short-term issuer ratings of AA+(NG) and A1+
Wema Bank Plc’s market value declined by more than 9% due to heavy sell-offs on the local bourse on Tuesday. Its sharp price depreciation aligned with a broader downturn in the stock market.
Aradel Holdings Plc added 5.3% to its market value amid a surge in demand for oil stocks; its price appreciation was primarily driven by volume, despite a missed regulatory filing. Trading data from the Nigerian Exchange (NGX) showed that the volume of Aradel shares transacted was moderate.
The Nigerian Exchange (NGX) delivered a 60.90% return from January to May 2026, driven by persistent demand for stocks of local companies across sectors.
At 2026 Ojude Oba, FCMB Embraces Continuity and Enterprise For visitors arriving in the southwestern…
GCR Affirms Stanbic IBTC Bank AAA/ A1+ Ratings, Outlook Stable
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