How to Master Stock Trading as Investor
In the electrifying arena of stock trading, numbers alone don't tell the whole story. To truly thrive, investors must learn to read between the lines and understand the elusive force that drives market movements: trader sentiment.
This intangible element, encompassing the collective mood and...
Oil Prices Rise on Heightened Red Sea Tensions
Oil prices rose slightly in the global commodity market on Monday as red sea tension heightened. Brent crude, increased by around 0.67% trading at $70.71 per barrel, up from $70.24 at the previous session's close.
The US benchmark, West Texas Intermediate (WTI), rose...
NSIA, Partners Inaugurate $500m Fund to Boost Renewable Energy in Nigeria
Nigeria Sovereign Investment Authority (NSIA) has partnered with Sustainable Energy for All (SEforALL), International Solar Alliance (ISA), and Africa50 to inaugurate a 500 million dollar Distributed Renewable Energy (DRE) Nigeria Fund.
The Africa50 made this known in a statement on...
US Recession Looms for First Half of 2025 - CEO
US recession is now expected in the first half of 2025, setting the stage for the most significant economic disruption since the global financial crisis of 2008, a stark warning from Nigel Green, the CEO of global financial advisory and...
Naira Depreciates Market Wide Despite CBN FX Sales to Banks
The Nigerian naira continues to fluctuate negatively amidst tight liquidity condition in the currencies markets. Exchange rates worsened at official and parallel markets as demand pressures persisted on Wednesday.
According to spot FX data, the naira lost N2.53 on each US...
MTNN Closed Flat as Investors Bypass NGX in Huge Cross Trade Deal
Telecom Company, MTN Nigeria Plc, market value steadied in the equities after the telecom company recorded huge trading shares volume in a cross trade deal between investors, bypassing the Nigerian Exchange.
Ticker: MTNN closed at N245 as 10.96 million...
Police Arraign FCMB, 3 Others over Alleged Mortgage Fraud
The police on Tuesday arraigned First City Monument Bank (FCMB) and three others before an Ikeja High Court over alleged mortgage fraud. The other defendants in the case are Polycarp Okogun, Batik Line International Ltd and Bolaji Adebajo, who is still...
Cornerstone Insurance Names Emeka Ogbechie as Non-Executive Director
Cornerstone Insurance Plc has officially announced the appointment of Mr. Emeka Anthony Ogbechie non-executive director of the company. This followed resignation of Mr. Steve Iwenjora from the Board with effect from 31st December 2024, which was formally accepted at the Board meeting...
South African Market on Edge Before Budget Shut Down
South African markets were on edge on Wednesday as the finance minister prepared to present a revised annual budget. However, local media reports suggested that there was still no agreement between the two largest political parties. At 0830 GMT the rand...
Oil Prices Fall as Markets Ignore US Brokered Ceasefire
Oil prices fall as the global commodities markets ignore Ukraine agreeing to US brokered ceasefire deal. The commodities complex traded positive yesterday but bumped during early trading hours on Wednesday amidst weak demand and supply concerns.
Recession fears in US, and shifting...
