- Iran Blacklists 45 Tankers Over Strait of Hormuz Transit Rules
- First Quarter Pension Contributors Rise by 143,248 – PenCom
- Wall Street, European Stocks Surge on Macro Shifts, AI Bets
- Oil Prices Dip on Fed Rates Uncertainty, Canada Tariff Retaliation
- XRP Up as Volante Integrates Ripple into FedNow Payments
- FirstHoldco Falls by 7.2% after Femi Otedola Shares Accumulation
- Fidelity Bank Declines, Equities Analysts Set Target Price
- CBN Scheduled to Raise N700bn from Nigerian Treasury Bills
MarketNews
With expectations of robust demand over the one-year tenor, the Central Bank of Nigeria
As liquidity conditions continued to be severely strained, money market rates rose and trended above 32% each.
FBN Holdings Plc’s market value fell by 8%, or about N79 billion, on the Nigerian Exchange as investors exited their position in the financial services company. This has brought its stock market price near its rights offer price.
PZ Cussons Value Drops by 12% as Investors Moods Swing Sell pressures on PZ Cussons…
MeCure Industries Value Drops by 19% as Investors Unload Shares Pharmaceutical company Mecure Industries market…
Unilever Nigeria Plc’s stock market valuation surged to new 52-week highs on the Nigerian Exchange (NGX) as a result of investors’ bets on the company in anticipation of robust future earnings and dividends.
Cadbury Nigeria’s Plc market value increased significantly on the Nigerian Exchange as investors staked huge bets on the consumer goods index. The stock rallied as investors’ sentiments improved as Cadbury Nigeria’s parent company raised stake.