Lagos: Investors rode a wave of strong corporate earnings on Friday, driving the Nigerian stock market to an unprecedented ₦2.367 trillion gain as the week closed bullish Increased and sustained …
FinancialNews
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Lagos: The Nigerian stock market extended its winning streak on Wednesday, with investors’ wealth swelling by N881 billion as renewed buying interest in key equities followed the introduction of new …
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Business & Economy
CBN Grants Approval for BDCs to Participate in FX Market
by Toye Faleyeby Toye FaleyeAbuja: The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM). According to a circular signed …
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Lagos: The Nigerian Exchange Ltd. (NGX) closed the week on a powerful upswing, with the All-Share Index climbing 3.84% to 171,727.49 points. Market capitalisation surged to ₦110.235 trillion, yielding a …
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Lagos: The Nigerian Exchange Ltd. (NGX) closed the week bullish on Friday, adding N1.105 trillion in market gains to investors’ portfolios. Strong demand for Nigerian Aviation Handling Company, Deep Capital …
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Business & Economy
Equities Market Rises by N1.27trn, Driven by Seplat, Guinea Insurance
by Eniola Graceby Eniola GraceLagos: The stock market continued its positive trend, with investors recording a N1.268 trillion gain on Thursday. This uptrend was driven by increased interest in large- and mid-cap stocks such …
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TheDiggerNews Lagos: The Nigerian stock market rebounded on Thursday, with investors recording gains of N233 billion amid renewed buying interest in equities. Market sentiment improved on the back of demand …
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TheDiggerNews Lagos: The equities market closed lower on Wednesday, erasing N352 billion in investors’ wealth. Investors sold off stocks such as RT Briscoe, May and Baker, Ikeja Hotel, LivingTrust Mortgage …
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Lagos: The equity market reversed its bullish trend on Thursday, losing ₦557 billion after two days of modest gains during the week. Market analysts said selloffs in key stocks “pushed …
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Lagos: The Nigerian stock market rebounded on Friday after a day of downturn, as N30 billion was added to investors’ portfolios. Gains in Red Star Express, NCR Nigeria, SCOA, Omatek, …
