September 12
Nigeria: Govt Markets $100bn Creative Economy Growth Plan to Corporate Nigeria
Following months of comprehensive planning, the federal government has unveiled details of its bold and strategic plans to generate at least $100 billion and create over two… Read more »
September 02
Nigeria: Oando Stock Price Hits All-Time High, Market Value Now N827.9bn
Oando Plc is driving momentum in the oil and gas segment of the Nigerian Exchange (NGX) as investors continue to show interest in the company that recently completed the… Read more »
August 21
Nigeria: Stock Market Appreciates By N66.13bn On Investors' Demand for Shares
The Nigerian stock market recovered from a bearish run yesterday, as investors' investments went up by N66.13 billion, propelled by the demand for Seplat Energy Plc and 18 others. Read more »
August 20
Nigeria: Electricity Supply - FG Pays N205bn From N1.3tn Owed Power Generation Companies
·Says rainfall not responsible for improvement in power supply Read more »
August 15
Nigeria: Stock Market Drops By N790.38bn in Three Days As Investors Trade With Caution
The local stock market for the third consecutive session has recorded profit-taking, dropping by N790.38 billion as investors trade with blue chip stocks caution. Read more »
August 06
Nigeria: Stock Market Depreciates By N92bn On Profit-Taking in MTN, 24 Others
The Nigerian stock market yesterday opened trading for the new week with a decline of N92 billion on investors' profit-taking in MTN Nigeria Communications (MTNN) Plc and 24… Read more »
August 05
Nigeria: Analysts Predict Mixed Trading in August As Stock Market Drops By N108bn Wow
Analysts have predicted mixed trading in the Nigerian stock market in August 2024, extending the decline that brought changes in market fundamentals in July 2024. Read more »
August 02
Nigeria: As Unsettled Forex Forwards Threaten Companies, Industrialisation, Pressure Mounts On CBN to Act
In this piece, James Emejo and Dike Onwuamaeze, write on the increasing campaign by the Organized Private Sector for the CBN to settle valid FX forward transactions to save jobs… Read more »
Nigeria: Food Security - Sanwo-Olu Urges Agro, Food Processing Companies to Crash Prices
Lagos State Governor, Mr. Babajide Sanwo-Olu, Thursday, urged agro and food processing companies to work towards reducing their prices during this time of economic hardship as a… Read more »
July 29
Nigeria: Stock Market Down N1.3tn Wow As Investors Migrate to Fixed Income Market
Kayode Tokede Read more »
June 25
Nigeria: Stock Market Drops By N707bn On Profit-Taking in Airtel, 25 Others
The stock market, yesterday commenced on a negative note in the last trading week in June 2024 as profit-taking in Airtel Africa Plc (-2.5per cent), and 25 others down the overall… Read more »
June 05
Nigeria: Stock Market Maintains Prof-Taking Momentum, Drops By N38bn
The Nigerian stock market yesterday saw a negative close for the second trading day in the month of June 2024 as market capitalisation went down by N38 billion. Read more »
June 03
Nigeria: Stock Market Gained N619.45bn in May As Analysts Predict Positive Sentiment
Nigerian stock ended the month of May 2024 with a surprise gain of N619.45 billion as investors were divesting to the fixed income market in a move to hedge their investment… Read more »
April 01
Nigeria: At 39.84 Percent, Nigeria's Stock Market Offers Near Best Investors' Return in Africa
At 39.84 per cent year-till-date (YtD) gain, the Nigerian stock market, in the first quarter of 2024, offered investors the second best return in Africa on the back of the economic… Read more »
May 12, 2023
Nigeria: FoodCo Ranks 39th Among Financial Times Top 100 Fastest Growing African Companies
Leading consumer goods company and omni channel retailer, FoodCo Nigeria, has been listed among Africa's Fastest Growing Companies for the second year running. Read more »
January 25, 2023
Nigeria: Naira Gains Across All Markets As FX Reserves Rise
The Naira gained across investors and exporters (I&E) window and the parallel market with predictions by various analysts of the trend sustaining as foreign reserves records… Read more »