Stock Market
News from stock market activities, prices, gainers and losers, analysis of stock prices
Access Holdings: Success in acquisition, struggle with shareholder value
Access Holdings has since blown past competing with Nigerian banks and has now set its sights on the continent. This...
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United Capital tops the week’s gainers with 42.78%, as investors position for interim dividends
United Capital Plc was the top gainer in the NGX for the week ending July 19, 2024, with its share...
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MTN’s N81.9 billion gain drives marginal uptick on week’s slowest trading day
MTN Nigeria recorded a 1.99% gain, representing an equity gain of N81.9 billion on the final trading day of the...
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FX spot market drops by 41.17% to $6.72 billion turnover in June – FMDQ report
Spot FX market turnover was $6.72 billion (N10.01 trillion) in June 2024, representing a 41.17% ($4.70 billion) a Month-on-month (MoM)...
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Airtel’s N376 billion gain offsets bank stock losses, as NGX hits 3-month high
Airtel Africa Plc posted a 4.76% gain, representing a N376 billion equity gain to boost the NGX to a 0.47%...
Read moreBank stocks fall in early trading as investors digest 50% windfall tax
Early trading data in the Nigerian Exchange has shown a pattern of decline across bank stocks, as investors react to...
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Court says Oando minority shareholders cannot be forced to sell their shares
The Federal High Court, Lagos Division, has held that it cannot force Oando Plc minority shareholders to sell their shares...
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Investors bet on Cutix as it appreciates by 46% in four trading days
Nnewi-based cable manufacturer, Cutix Plc is currently trading at a share price of N6.13, marking a 46% appreciation from its...
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Access Bank raises N442 billion through syndicated Tier II Facility
Access Bank has collaborated with the Dutch Entrepreneurial Development Bank (FMO) to sign a syndicate Tier II Facility agreement valued...
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Global stock markets react bearishly to Trump’s assassination attempt
The aftermath of the attempted assassination of former US President, Donald Trump has been a mix of sentiments across global...
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