Lagos: Guaranty Trust Holding Company Plc has obtained the approvals of the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to undertake a private placement of …
FinancialNews
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Lagos: The stock market sustained its positive momentum on Wednesday, with a N245 billion gain in market capitalisation. The market’s upward movement was driven by gains in equities such as …
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Lagos: The stock market traded 553.2 million shares valued at N13.3 billion in 28,907 transactions on Monday. This is compared with 571.7 million shares valued at N29.04 billion recorded on …
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Lagos: The Nigerian stock market closed bullish on Thursday, resulting in gains of N97 billion for investors. This marked the third consecutive positive rally in the week. The positive performance …
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Lagos: The Nigerian equities market posted a positive performance on Tuesday as investors added N1.287 trillion to their portfolios. The rise was driven by renewed interest in Dangote Cement, NCR …
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Lagos: The stock market surged on Friday, with investors trading 1.826 billion shares valued at N20.03 billion across 20,645 transactions. This contrasted with Thursday’s 324.6 million shares worth N13.05 billion …
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Business & Economy
Equities Rally as CBN Keeps Benchmark Rate at 27%
by Our Reporterby Our ReporterLagos: Nigeria’s equities market recorded gains on Tuesday after the Central Bank of Nigeria (CBN) held the Monetary Policy Rate steady at 27 per cent, signalling investor confidence despite tight …
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Lagos: The stock market continued its downward trajectory on Tuesday, posting a 0.12 per cent decline amid intensified sell pressure across several mid- and small-cap stocks. The session was marked …
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Lagos: The Nigerian equities market extended its positive streak on Thursday, appreciating by 1.08 per cent, with investors’ portfolios gaining N1.003 trillion in value. Increased investor interest in stocks such …
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Lagos: The Nigerian Exchange (NGX) experienced a sharp downturn as investors sold off, resulting in a staggering ₦612 billion loss in market capitalisation. The decline, driven by widespread profit-taking and …
