- Fitch Affirms Ireland at ‘AA’ Rating with Stable Outlook
- DMO Raises N2trn from Bonds to Fund Nigeria’s Budget Deficit
- XRP Rises as Investors in Korean Markets Bet on Altcoins
- NVIDIA Tokenised Stock Rises on Fresh Buying Momentum
- Naira Depreciates to N1,361 Ahead of Pre-Election FX Demand
- Dangote Cement Hits N18trn Market Cap. Ahead of London Listing
- Fidelity Bank Gains 14%, Investment Firm Sees Huge Upside
- Nigerian Stock Market Cap. Declines by N206bn to N160.52trn
Companies
The stock market value of Dangote Cement Plc.’s 16.873 billion outstanding shares surged to N18 trillion
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 Nigerian Exchange (NGX) regulator has lifted its suspension on Zichis Agro-Allied shares following the conclusion of its probe into the company’s sharp price movement.
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.
AXA Mansard Targets N3.617bn Profit in Six Months AXA Mansard Plc has revealed that it…
Fitch Ratings has affirmed LG Electronics Inc’s (LGE) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BBB’ with a stable outlook.
GCR Ratings (GCR) has assigned Leadway Holdings Limited national-scale long- and short-term issuer ratings of AA(NG) and A1+(NG), respectively, with a stable outlook.