Browsing: MarketNews
The average yield on Nigerian government local bonds rose by 97 basis points to 14.8% in the secondary market due to selling pressures that followed the monetary
A strong focus on non-oil revenue mobilisation has been adjudged positive for the Nigerian government’s fiscal outlook. Nigerian government earnings
Banks to Wind Down FCY Loans, Capital to Slide–S&P The sharp devaluation of the Nigerian naira will impact deposit money…
Top telecom giant MTN Nigeria Plc share price plunged slightly ahead of the telecom fourth quarter of 2023 earnings release. The company share was priced
As foreign exchange losses continue to impact earnings performance negatively, companies operating in fast fast-moving consumer goods (FMCG) sector are facing
Foreign currency inflows into the Nigeria FX market declined by more than 39% in January 2024 amidst US dollar shortage that has forced the monetary
Tripple Gee and Company Plc led the gainer chart on the Nigerian Exchange (NGX) as its share price increased by 42%. The packaging and container company’s
Year-to-date return inched near 40% as the equities market capitalisation of the Nigerian Exchange (NGX) hit N57 trillion following buying interest on value
The market value of Geregu Power Plc jerked up to N1.42 trillion after the company’s 2023 earnings beat. Its profit climbed by about 58% year on year to N16.052
Currency speculators have rough days in the foreign exchange market following exchange rate unannounced exchange rate swings at the official market