Stock Market
News from stock market activities, prices, gainers and losers, analysis of stock prices
MTN Nigeria falls to lowest price in 3 years as NGX suffers, joins global stock market crash
A global stock market crash which started on Friday is gradually spreading to the NGX as midday trading data shows...
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MTN Nigeria buys out minority shareholder in MoMo PSB for N6.95 billion
MTN Nigeria has bought out the minority shareholder in MoMo Payment Service Bank (MoMo PSB) for N6.95 billion.
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Global market sell-offs threaten Nigerian Bank recapitalization plans
The global stock market rout is likely to affect the bank recapitalization efforts of Nigerian banks, according to findings from...
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Warren Buffett’s Berkshire Hathaway cash pile of $276.9 Billion exceeds Nigeria’s External Reserve by 7x
The cash pile of Berkshire Hathaway, founded by renowned billionaire investor Warren Buffett, soared to an astonishing $276.9 billion following...
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Best performing stocks in Nigeria for July 2024
In July, the NGX posted a 2.28% decline as the All-Share Index moved from 100,057.49 at the start of the...
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Nigerian hunger protest: Bank sector index unaffected as other sectors close in red
The Nigerian banking sector was unaffected by losses induced by hunger protests, which rocked some parts of the country on...
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#EndBadGovernance protests: Bankers work from home, as NGX operations unaffected
In response to the ongoing #EndBadGovernance protests, some banks in Nigeria have implemented remote work policies for their employees.
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Fidelity Bank’s public offer and rights issue extended by N78.35 billion to August 12
Fidelity Bank has extended the period of its public offer and rights issue to August 12.
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Dangote Cement’s sheds N1.12 trillion in market value drags stocks to its second-worst trading day of the year
Dangote Cement Plc, the most capitalized stock on the Nigerian Exchange (NGX), recorded a 9.99% decline on the NGX today,...
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Stockbrokers report “high investor interest” in ongoing banks’ rights issues and public offers
Nigerian banks are currently intensifying efforts to bolster their capital reserves in response to the Central Bank of Nigeria’s recent...
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