Companies and Markets
Investors Lose N183Bn On Profit-Taking In PZ Cussons, Guinness Nigeria, Sovereign Trust Insurance, 27 Others
The Nigerian stock market yesterday reversed some of the gains from previous session as the overall capitalization lost...
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Stocks Fall, Dollar, Yields Gain After Hot US Inflation Data
Global stock market indexes dropped, the 10-year U.S. Treasury yield hit a 2-1/2-month high and the dollar touched a...
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Citing Rising Production Costs, Nigerian Breweries Announces Price Hike
The Nigerian Breweries PLC has issued a “Price Review Notification” to all its direct customers in the West Zone....
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Amid CBN’s Reforms, Official Naira Exchange Rate Beats Parallel Market In Record Depreciation
In searching for ways forward in the foreign exchange market to arrest the volatility and fast dbwindling fortunes of...
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As CBN Dithers On Policy Issues, Fed Gets Reality check, Saps Fast Rate-Cut Bets
*Analysts Expect MPC To Increase Rate *Fed Rules Out March Rate Cut *Signals Rate Tightening 'Peak' *Tech Earnings Fail...
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NGX All-Share Index Ends Week Strong, Up 13.84% W/w
The Nigerian bourse closed the week on a positive note, bringing the All-Share index up by 2.87% to...
Read moreNGX Eclipses Historic 90, 000 Index Point Mark, ASI up 2.3%
The Local bourse on Wednesday sustained its gaining streak, bringing the benchmark index up 2.38% to settle at...
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Stock Markets Diverge Awaiting Inflation Data, Earnings
European and Asian stock markets diverged on Wednesday, the eve of key US inflation data and the latest...
Read moreNigerian Stocks Rally, ASI, Up By 0.8%, Crosses 80,000 Points For First Time
Extending its bright start for the year, Nigerian stocks continued its gains for the fifth session on Monday,...
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Cautious Optimism As Nigerian Banks, Others Set To Declare 2023 Financials
* World Stocks Slip Into Red As Inflation, Earnings Loom Large John Danjuma Omachonu Earnings season for some...
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