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Markets - Page 103

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per cent tariffs on all Canadian goods entering the United States, sharply escalating trade tensions between the two North American allies over Canada’s recent trade engagement with China. Trump issued the warning via

January 25, 2026

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets

NGX Equity Market Surges To N13 Trillion Gains In 2023: A Year Of Optimism, Caution

The Nigerian Exchange Limited (NGX) witnessed an upsurge in the equity market, delivering over N13 trillion in gains for investors in 2023. This exponential growth nearly tripled the previous year’s figures, marking a milestone as the market capitalization soared to N40.917 trillion

January 1, 2024

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

NGX Hits Record High In 2023’s Last Trade, Displays Strong Year-End

On the bustling final trading day of 2023, the Nigerian Exchange Group (NGX) surged to a new high, concluding the year on a resoundingly positive note. The All-Share Index (ASI) witnessed a commendable uptick of 0.36%, culminating at 74,773.77 points, signifying a

December 29, 2023

Equities Market Sees 0.04% Decline To End Trading Week Amid Mixed Investor Sentiment

Business·Entertainment·Markets·News

Nollywood Integration Into Capital Market Key To Boosting Retail Investor Activity, Says NGX CEO

CEO of Nigerian Exchange Limited (NGX), Mr. Temi Popoola, has highlighted the role of Nollywood in galvanizing increased retail investor engagement within the capital market. Popoola stated this during the Closing Gong Ceremony marking the year’s final trading day. Emphasizing its resonance

December 29, 2023

Business·Markets

Nigeria’s Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Issuance of the final Nigerian Treasury Bills for 2023 has enabled the Federal Government to raise N6.658 trillion this year, marking a notable 40.4% increase from 2022. “This surge in Treasury Bill earnings amidst heightened inflation is puzzling,” remarked a banking expert,

December 29, 2023

Business·Markets

NGX Bounces Back: All-Share Index Surge By 0.99% As MTN, Dangote Top Gainers

The All-Share Index surged by 0.99% to hit a historic high of 74,502.58 points, marking an upturn. Market capitalization also saw a notable climb, closing at N40.769 trillion, up from yesterday’s figures. The Nigerian stock market rebounded on Thursday, showcasing resilience after

December 29, 2023

NGX stock market. Photo credit: TheCable

Business·Markets

Bearish Trends Persist In Post-Christmas Trading As ASI Dip By 0.34%

The first trading day post-Christmas saw the Nigerian Stock Exchange All-Share Index dip by 0.34%, closing at 73,768.64 points, marking a bearish start after the festive break. According to market analysis, the NSE market experienced a decline, shedding N143 billion in market

December 28, 2023

Africa·Business·Markets·News·World News

Libya Resumes Stock Market After 9 Years Amid Challenges

Libya has resumed stock market trading in the capital city's hall on Monday, marking the end of a more than nine-year closure due to tumultuous political and security challenges.

December 26, 2023

Business·Markets·News

Nigerian Equity Market Thrives Amidst Political Shifts, Economic Reforms In 2023

The Nigerian equity market has defied historical trends, maintaining a bullish trajectory throughout 2023 despite the backdrop of political uncertainties stemming from the general elections. Tunde Amolegbe, Managing Director of Arthur Stevens Asset Management Limited, emphasized this break from convention, stating, “For

December 26, 2023

Business·Markets·News

Firms Surge By N463bn In Santa Claus Rally, Propelling NGX’s Market Cap

In the midst of the ongoing ‘Santa Claus’ rally, the heavyweight stocks known as SWOOTs—companies with a market capitalization exceeding one trillion naira—have showcased an upsurge, marking a collective gain of N463bn in just a week on the Nigerian Exchange Limited (NGX). “This

December 25, 2023

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Markets·News

Multiverse, Infinity, Transcohort Top Gainers Amidst ASI’s Downturn By 0.36%

While the Nigerian stock market experienced a downturn with the All-Share Index (ASI) closing at 74,023.27 points, a decline of 0.36% from its previous high, certain stocks shone brightly amidst the overall market retreat. Multiverse, Infinity, and Transcohort emerged as the top

December 22, 2023

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Markets - Page 103

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

NGX Equity Market Surges To N13 Trillion Gains In 2023: A Year Of Optimism, Caution

NGX Hits Record High In 2023’s Last Trade, Displays Strong Year-End

Nollywood Integration Into Capital Market Key To Boosting Retail Investor Activity, Says NGX CEO

Nigeria’s Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

NGX Bounces Back: All-Share Index Surge By 0.99% As MTN, Dangote Top Gainers

Bearish Trends Persist In Post-Christmas Trading As ASI Dip By 0.34%

Libya Resumes Stock Market After 9 Years Amid Challenges

Nigerian Equity Market Thrives Amidst Political Shifts, Economic Reforms In 2023

Firms Surge By N463bn In Santa Claus Rally, Propelling NGX’s Market Cap

Multiverse, Infinity, Transcohort Top Gainers Amidst ASI’s Downturn By 0.36%

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

Jega, Odinkalu, Chidoka to lead Prime Business Africa Webinar Marking Utomi’s 70th Birthday

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Markets - Page 103

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