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Markets - Page 13

Business/Markets

Ecobank, Okomu Oil Lift Stock Market, As Equity Cap Crosses N28 trillion

On Monday, the Nigerian stock market gained 0.49% to lift the equity capitalisation up from N27.87 trillion to N28.01 trillion. The growth was on the back of a bullish run in the

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by Fakoyejo Olalekan
9 months ago
Business/Markets

Stock Market: Top Five Gainers And Losers, As Market Cap Records N46.83 billion

The market capitalisation rose to N27.87 trillion from N27.82 trillion reported on Thursday, after gaining N46.83 billion, due to the 0.16% growth in market share. After trading hours on Friday, the All

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by Fakoyejo Olalekan
9 months ago
Latest News/Markets/Sports

Checkers Africa’s Plans For Football, Food Business In Nigeria- Managing Director 

Karan Checker, MD Checkers Africa Ltd, manufacturers of the popular Checkers Custard Powder which comes in different variants have opened up on why the food beverage organistion is desirous of contributing to

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by Izuchukwu Okosi
9 months ago
Business/Markets

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

Investors are currently not seeing bitcoin as a safe haven for their funds, despite inflation ripping through Nigeria, United States and other countries, on the back of the ongoing war between Russia

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by Fakoyejo Olalekan
10 months ago
Business/Markets

How Zenith Bank, UBA, Two Other Banks Lost N28.35 billion In Six Hours

The most valuable financial institutions in Nigeria, Zenith Bank, Guaranty Trust Holding Company (GTCO), Access Holdings and United Bank for Africa (UBA) lost a combined N28.35 billion after trading hours on Thursday.

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by Fakoyejo Olalekan
10 months ago
Business/Latest News/Markets

Why Foam Production In Nigeria Is Expensive, By Industrialist

Just like other firms in the manufacturing sector in Nigeria that face infrastructure challenges, foam companies have peculiar factors that make production very expensive says deputy managing director, Royal Foam Products Nigeria

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by Victor Ezeja
1 year ago
Latest News/Markets

Lagos State Fire Service Set To Probe Ladipo Market Inferno

Following the midnight fire early Saturday morning that engulfed a one-storey shopping plaza (Aguiyi Ironsi Plaza) in Ladipo, Lagos, investigation into the incident has swiftly begun to ascertain the cause. 

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by Izuchukwu Okosi
1 year ago
Markets/World

Hedge Fund Billionaire Who Bought American Constitution For $43.2m Sells $1.15bn Stake In Citadel Securities

Hedge fund billionaire Ken Griffin has stripped himself of a huge $1.15 billion stake in Citadel Securities, his trading firm, having sold to leading venture capitalists Sequoia and Fred Ehrsam’s digital assets

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by Uduegbunam Chukwujama
1 year ago
Business/Markets

Titan’s Union Bank Acquisition A Rescue Or Inorganic Growth Mission?

Like the Biblical Joseph’s dream wherein tiny hungry-looking cow swallowed up a fat one with so much ease, the news of the purchase of 104-year-old bank by a two-year-old gripped national attention

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by Etim Etim and Victor Ezeja
1 year ago
Renaissance Capital
Markets

Renaissance Capital Projects Rise In Benchmark Interest Rate Next Year

Renaissance Capital Limited, a leading emerging and frontier market investment banking firm says the monetary policy committee of the Central Bank will likely raise benchmark interest rates next year to cushion steep

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by Admin
1 year ago
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