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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.
Market value of Zenith Bank Plc.’s 41.069 billion outstanding shares surged by about 8% to N4.569 trillion, following a rapid two-day rally that aligned with broader market direction.
With a market cap of N129 trillion, the Nigerian Exchange (NGX) sustained its bullish run on Tuesday, as investors gained N687 billion amid continued buying interest in key equities.
Guinea Insurance Signs N5.8bn Rights Issue to Boost Capital Guinea Insurance Plc has signed agreements for its N5.8 billion Rights…
Temi Popoola, the Nigerian Exchange Group Chief Executive Officer (GCEO), says Nigeria’s capital market is undergoing a re-rating. This comes as global investors reassess the country’s economic trajectory and investment potential.
CBN to Open N1.05trn Nigerian Treasury Bills for Subscriptions The Central Bank of Nigeria (CBN) is set to conduct its…
The naira showed remarkable strength, appreciating by 0.99% to close at ₦1,344.42 per dollar in the Nigerian Foreign Exchange Market (NFEM). This upward trend reflects a positive shift in currency sentiment within the regulated market, with foreign payments slowing relative to US dollar volume.
BTC Hits $75k as Hedging Activity Creates Forced Demand Bitcoin (BTC) touched $75,000 on Tuesday, boosted by hedging activities in…
BUA, GTCO, UBA Drive Momentum in Nigerian Stock Market The Nigerian Exchange (NGX) All-Share Index (ASI) climbed by 54 basis…
Trump Dimisses Possibility of Israeli Nuclear Strike on Iran The U.S. President, Donald Trump, on Tuesday dismissed speculations raised by…
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