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Markets - Page 116

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

Investors In Union Bank, Flour Mills, Others Lose N7.80bn In Stock Investments

About N7.80 billion was wiped off the Nigerian stock market on Wednesday, resulting in the equity capitalisation depreciating by -0.02 per cent. Consequently, the bourse’s capitalisation dropped to N30.50 trillion from N30.51 trillion. The All-Share Index dwindled to 56,024.52 ASI, shedding 14.33

June 7, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

Stock Market Investors Pocket N126.38 billion, Equity Cap Up 0.41%

Investors in Eterna, ETranzact and others on the gainers’ list made N126.38 billion at the end of trading on Tuesday, as the stock market capitalisation rose by 0.41 per cent, increasing from N30.38 trillion to N30.51 trillion. Also, the All-Share Index hit 56,038.85

June 6, 2023

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Markets

Nigerian Stock Market Records N19.84bn Share Transactions, Equity Cap Falls

Nigerian bourse fell by N7.50 billion or 0.02 per cent in value to N30.38 trillion after Monday’s session, slightly from Friday’s N30.39 trillion market capitalisation. The All-Share Index depreciated by 13.79 basis points from 55,820.5 ASI to 55,806.71 ASI. On the exchange floor,

June 5, 2023

Business·Markets

Investors Trade N5.72bn Shares, Stock Market Cap Hit N30.38trn

On Thursday, the market capitalisation of the Nigerian stock exchange closed at N30.38 trillion, with the All-Share Index settling at 55,808.25 ASI. Investors exchanged N5.72 billion in 7,725 deals to trade 390.21 billion shares on Thursday. Top five gainers Conoil’s share appreciated

June 1, 2023

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

Business·Markets

Nigerian Stock Exchange Slumps, Sheds N21.17 billion To Selloffs In Wema Bank, Others

The valuation of the Nigerian stock exchange depreciated slightly to N30.32 trillion on Wednesday, shedding N21.17 billion. According to the market data obtained from the Nigerian Exchange Limited (NGX), this is a 0.06 per cent decline when compared to Tuesday’s N30.34 trillion

May 31, 2023

External Reserves Fall To Two-Year Low, To Affect Tinubu’s N200/$1 Rate Ambition

Business·Markets

Investors Rush To Buy N15.79bn Nigerian Stocks After Tinubu’s Promise

Equity investors’ confidence in the Nigerian stock market was up on Tuesday, a day after Bola Tinubu was sworn-in as the President of Nigeria. Recall that Tinubu had promised that access to foreign exchange will increase to ensure foreign investors are able

May 30, 2023

Business·Markets

Nascon, Conoil, Others Lift Stock Market Cap By N82.92 billion

Over N82.92 billion was gained by stock investors in Nascon, Conoil and others on Friday, after the equity capitlisation appreciated by 0.28 per cent. Prime Business Africa gathered that the gain pushed up the market capitalisation from N28.76 trillion to N28.84 trillion. The All-Share

May 26, 2023

Business·Markets

Stock Market Investors Lose N57.71 billion To Selloffs In Conoil, Unilever, Others

Nigerian stock exchange closed with N28.76 trillion equity capitalisation on Thursday, which depreciated from N28.81 trillion. The decline represents N57.71 billion loss. The All-Share Index dropped to 52,821.6 index points, losing 106 basis points from 52,927.6 ASI reported the preceding day. Equity investors exchanged N9.17

May 25, 2023

Business·Markets

Investors In Transcorp, Unilever, Others Pocket N130 billion

Nigerian Exchange Limited (NGX) reported on Tuesday, 23 May, that the stock market valuation increased by N130 billion or 0.48 per cent. NGX said the stock market capitalisation rose from N28.52 trillion to N28.65 trillion. The All-Share Index appreciated to 52,621.19 ASI

May 23, 2023

Business·Markets

Nigeria’s Equity Cap Rises By N50 billion, As Tantalizer, Ikeja Hotel Lift Stock Market

Data obtained from the stock market authority, Nigerian Exchanged Limited (NGX) on Friday, showed that the market capitalisation rose by 0.15 per cent. The value of the Nigerian stock exchange increased by N50 billion on Thursday, as the bourse closed at N28.42

May 19, 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 116

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

Investors In Union Bank, Flour Mills, Others Lose N7.80bn In Stock Investments

Stock Market Investors Pocket N126.38 billion, Equity Cap Up 0.41%

Nigerian Stock Market Records N19.84bn Share Transactions, Equity Cap Falls

Investors Trade N5.72bn Shares, Stock Market Cap Hit N30.38trn

Nigerian Stock Exchange Slumps, Sheds N21.17 billion To Selloffs In Wema Bank, Others

Investors Rush To Buy N15.79bn Nigerian Stocks After Tinubu’s Promise

Nascon, Conoil, Others Lift Stock Market Cap By N82.92 billion

Stock Market Investors Lose N57.71 billion To Selloffs In Conoil, Unilever, Others

Investors In Transcorp, Unilever, Others Pocket N130 billion

Nigeria’s Equity Cap Rises By N50 billion, As Tantalizer, Ikeja Hotel Lift Stock Market

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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

Nigeria Targets 8,500 MW Reliable Power Generation in 2026, Projects Underway Nationwide

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Markets - Page 116

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