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Markets - Page 108

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

Business·Markets

MTNN, 28 Stocks Deepen Market Woes With 0.2% As Capitalization Declined By N66bn

MTNN Plc and a group of 28 stocks paved the way for the Nigerian Exchange Limited (NGX) to extend its negative trajectory. The All-Share Index (ASI) dwindled further by 0.2 per cent,

October 27, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

MULTIVERSE, Chams Holdings, Others Among Top Gainers As NGX Equities Lose N6bn

In a twist on the Nigerian Exchange Limited (NGX), trading activities dipped into bearish territory yesterday, causing equities to lose N6 billion.

October 26, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

NGX: FLOUR MILL, University Press, Others Among Top Gainers As All-Share Index Gains 0.5%

In a turn of events, the equities market yesterday made a rebound after several days of bearish performance. The All-Share Index surged by 0.5%, reaching 67,217.77 points, marking a positive shift in investor sentiment. The positive momentum translated into a notable N187

October 25, 2023

Business·Markets

VFG Group, McNichols Among Top Losers As Capitalization Dips By N22bn

Equities at the Nigerian Exchange Limited (NGX) kicked off yesterday with a twist as market capitalization dipped by N22 billion, with a slump in the shares of VFG Group and 20 other stocks creating waves of uncertainty among investors. The All-Share Index

October 24, 2023

Business·Markets

Thomas Wyatt, Omatek, Others Among Top Gainers As ASI Drops 0.27%

Despite the broader market’s 0.27% decline on Friday, certain stocks stood out with gains. The NGX All-Share Index closed at 66,915.41 points, representing a slight dip from the previous day’s 67,098.81 points. Market capitalization mirrored this decline, closing at N36.76 trillion as

October 21, 2023

NGX stock market. Photo credit: TheCable

Business·Markets

Market Capitalisation Takes N140bn Hit As Stanbic IBTC, MTN, Others Record Losses

Nigerian Exchange Limited (NGX) experienced a downturn in the equities market, resulting in a drop in market capitalisation by N140 billion. The losses were primarily attributed to declines in Stanbic IBTC, MTN Nigeria, and 23 other stocks.

October 20, 2023

Business·Markets

Strong Demand For Banking Stocks Boosts Equity Market By N16bn

In a display of investors’ confidence in the banking sector, the equity market yesterday experienced an upswing, surging by N16 billion. The driving force behind this gain was the robust buying pressure witnessed in banking stocks, creating a positive outlook for the

October 19, 2023

Over N97.57bn Lost To Selloffs In UAC Nigeria, Champion Brew

Business·Markets

Julius Berger, Oando, Stanbic IBTC Among Top Gainers As Indices Rise By N158bn

Nigerian Exchange Limited (NGX) witnessed an uptick in its equities sector as companies such as Julius Berger, Oando, and Stanbic IBTC have emerged as the frontrunners in a surge, propelling the stock indices to rise to N158 billion.

October 18, 2023

Business·Markets

Oando, Omatek Top Losers In N90bn Market Capitalization Drop

Nigerian Exchange Limited (NGX) experienced a rocky start as it reopened for transactions on Monday, with the market capitalization plummeting by N90 billion.

October 17, 2023

Business·Markets

Nigerian Equities Market Surges with N409bn Gains In One Week

In a week marked by positive price movements in the industrial goods sector, the Nigerian Exchange Limited witnessed a surge in market capitalization, resulting in a substantial N409 billion gain for equities market investors. The All-Share Index rose by 1.12%, reaching 67,200.69

October 17, 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 108

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

MTNN, 28 Stocks Deepen Market Woes With 0.2% As Capitalization Declined By N66bn

MULTIVERSE, Chams Holdings, Others Among Top Gainers As NGX Equities Lose N6bn

NGX: FLOUR MILL, University Press, Others Among Top Gainers As All-Share Index Gains 0.5%

VFG Group, McNichols Among Top Losers As Capitalization Dips By N22bn

Thomas Wyatt, Omatek, Others Among Top Gainers As ASI Drops 0.27%

Market Capitalisation Takes N140bn Hit As Stanbic IBTC, MTN, Others Record Losses

Strong Demand For Banking Stocks Boosts Equity Market By N16bn

Julius Berger, Oando, Stanbic IBTC Among Top Gainers As Indices Rise By N158bn

Oando, Omatek Top Losers In N90bn Market Capitalization Drop

Nigerian Equities Market Surges with N409bn Gains In One Week

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

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

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

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Markets - Page 108

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