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Markets - Page 112

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

Shareholders Of Dangote Cement, Others Lose N621.60bn In Stock Trading

Report from the Nigerian stock market showed that shareholders in Dangote Cement and others on the losers list on Wednesday lost N621.60 billion to selloffs. The loss reduced the valuation of the Nigerian bourse by 1.74 per cent to N34.91 trillion market

August 9, 2023

Business·Markets

Tantalizer, Mutual Benefit, Others Drag Nigerian Bourse Value Down By N14.72bn

Stock market capitalisation ended trading on Tuesday with N35.54 trillion, as selloffs in Tantalizer, Mutual Benefit and others dragged the bourse’s value down by 0.04 per cent. This wiped N14.72 billion from the market capitalisation, which closed trading on Monday with N35.55

August 8, 2023

Business·Markets

GSK, Wema Bank, Others Lift Stock Market Cap By N75.44bn

After trading on Monday, the Nigerian stock market capitalisation rose to N35.55 trillion, as the bourse’s valuation appreciated by 0.21 per cent. This represents N75.44 billion gain in the stock market capitalisation, which closed Friday’s trading at N35.47 trillion. According to data from the

August 7, 2023

GSK Consumer Nigeria Faces Delisting As NGX Suspends Trading

Business·Insights·Markets

Why Investors Are Jostling For GSK Nigeria’s Shares Despite Impending Shutdown

Shareholders of Glaxo SmilthKline (GSK) Consumer Nigeria saw their investments in the pharmaceutical company increase by 20.27 per cent after the firm announced its plan to cease operation. GSK Nigeria closed on Thursday that the healthcare company will shut down its operation after

August 7, 2023

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

Business·Markets

Investors Jostle For GSK Nigeria Shares, As Nigerian Stock Market Cap Falls By N35.36bn

Glaxo SmithKline (GSK) led the gainers’ list on Friday, as investors jostle for the firm’s shares ahead of its planned shutdown, while its market rival, Meyer, topped the losers’ list in the Nigerian stock market. According to a report from the stock

August 4, 2023

Business·Markets

Nigerian Stock Market Records N541.84 billion Gain, Up By 1.54%

Nigerian Exchange Limited (NGX), the stock market authority, disclosed that the capitalisation ended trading with N35.51 trillion on Thursday. According to NGX, the bourse’s capitalisation appreciated from N34.97 trillion. This means the stock market recorded N541.84 billion gain or grew by 1.54%.

August 3, 2023

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Business·Markets

Refineries Will Only Reduce Fuel Price By N60/N70 – Oil Marketers

The National Controller Operations for the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mike Osatuyi, has disclosed that the commencement of refinery operations in Nigeria will not have a significant impact on fuel prices. Osatuyi revealed that fuel prices will only drop

August 3, 2023

Business·Markets

Stock Market Cap Closes At N34.97trn, Investors Gain N40.9bn

Investors holding shares in Chams, Nascon and other equities on the gainers’ list made over N40.9 billion on Wednesday after the bourse closed at N34.97 trillion market capitalisation. The stock market capitalisation rose from N34.93 trillion reported on Tuesday. The All-Share Index

August 2, 2023

Business·Markets

N79bn Lost As Stock Investors Dump Ellah Lakes, John Holt, Others

The stock market capitalisation shed N79.08 billion after trading hours on Tuesday, which resulted in the bourse depreciating by 0.22 per cent. Consequently, the Nigerian bourse’s market capitalisation fell to N35.01 trillion, from N34.93 trillion reported on Monday. The All-Share Index dipped by

August 1, 2023

Business·Markets

Stock Market Investors Lose N391.19bn To Selloffs In Dangote Sugar, Others

Nigerian bourse recorded N391.19 billion loss on Monday after the stock market capitalisation fell to N35.01 trillion following selloffs in Dangote Sugar, Livestock, and others. Prime Business Africa gathered that the market capitalisation depreciated by 1.10 per cent, as it dropped from Friday’s

July 31, 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 112

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

Shareholders Of Dangote Cement, Others Lose N621.60bn In Stock Trading

Tantalizer, Mutual Benefit, Others Drag Nigerian Bourse Value Down By N14.72bn

GSK, Wema Bank, Others Lift Stock Market Cap By N75.44bn

Why Investors Are Jostling For GSK Nigeria’s Shares Despite Impending Shutdown

Investors Jostle For GSK Nigeria Shares, As Nigerian Stock Market Cap Falls By N35.36bn

Nigerian Stock Market Records N541.84 billion Gain, Up By 1.54%

Refineries Will Only Reduce Fuel Price By N60/N70 – Oil Marketers

Stock Market Cap Closes At N34.97trn, Investors Gain N40.9bn

N79bn Lost As Stock Investors Dump Ellah Lakes, John Holt, Others

Stock Market Investors Lose N391.19bn To Selloffs In Dangote Sugar, Others

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

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

In the House of ‘My Lord’, There are Judgments – Odinkalu

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Markets - Page 112

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