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Markets - Page 118

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

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

Business·Markets

Transcorp, Geregu, Others Drag Down Nigerian Stock Market Value By N65.88 billion

On Tuesday, 2 May, N65.88 billion was wiped off from the N28.53 trillion market capitalisation the Nigerian bourse closed with on Friday, 28 April. The Nigerian stock market didn’t open on Monday, 1 May, due to the Workers’ Day public holiday. As

May 2, 2023

Seplat Energy, Total Lead List Of Highest Paying Companies In Nigeria

Business·Markets

Stock Market Cap Up By N91.27 billion Despite Losses in Transcorp, Champion Brew, Others

Nigeria’s stock market capitalisation ended trading at N28.53 trillion on Friday, 28 April, rising by N91.27 billion from Thursday’s N28.44 trillion. The All-Share Index appreciated by 167.63 basis points to 52,403.51 ASI, from rose from 52,235.88 ASI. About 3.12 billion shares were traded

April 28, 2023

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

Business·Markets

Stock Market: Honeywell, Cadbury, Others Record N76.15 billion Gain Within Five Hours

Investors in Honeywell Flour, Cadbury and others on the gainers list pocket N76.15 billion on Thursday, as the Nigerian bourse’s market capitalisation rose by 0.26 per cent. These equities recorded high demands that lifted the market capitalisation from N28.36 trillion to N28.44

April 27, 2023

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

Business·Markets

Cadbury, Total, Others Pocket N225.97 billion In Stock Market

The stock market capitalisation rose to N28.36 trillion on Wednesday, 26 April, from the N28.14 trillion reported on Tuesday, 25 April. Prime Business Africa gathered that the valuation of the Nigerian bourse was up by 0.8 per cent or N225.97 billion at

April 26, 2023

Business·Markets

Transcorp, Ikeja Hotel, Others Earn N177.11bn In Nigerian Stock Market

On Tuesday, 25 April, the market capitalisation of the Nigerian bourse appreciated by 0.63 per cent, handing N177.11 billion to equity investors in Transcorp and others on the gainers’ list. The stock market’s positive close comes after the Eid el-Fitr public holiday

April 25, 2023

Business·Currency·Markets

6 Currencies Stronger Than The US Dollar

HIGHLIGHTS The Cayman Islands Dollar, British Pound, Jordanian Dinar, Omani Rial, Bahraini Dinar, and Kuwaiti Dinar are currently stronger than the US dollar These currencies have different factors contributing to their strength, such as being a tax haven, oil production, and strong

April 25, 2023

Naira To Dollar Rate Falls Below N800 In Official Market, BDCs Raise Prices Of USD, Pound, Euro

Business·Currency·Markets

EUR/USD Analysis: Volatility Amid Subdued Dollar Index

On April 21, 2023, the EUR/USD currency pair displayed topsy-turvy moves around 1.0960 in the early European session. The major currency pair failed to show any decisive move due to the lackluster performance by the US Dollar Index (DXY). However, investors should

April 22, 2023

Business·Markets

Investors Gain Over N17.74 billion In TransCorp, IB, Other Shares

The market capitalisation of the Nigerian bourse rose to N27.87 trillion on Wednesday, 19 April 2023, with investors pocketing N17.74 billion. Prime Business Africa learnt that the equity capitalisation appreciated by 0.06 per cent from the N27.85 trillion reported on Tuesday, 18

April 19, 2023

Temi Popoola, the Chief Executive Officer of the NGX

Business·Markets

ETFs: NGX Hints On 4 Potential Listings As Investors Tackle Market Challenges

Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr Temi Popoola, has said that the market would see a renewal in Exchange Traded Fund listings as four new ETFs were in the pipeline. Popoola echoed this at the recently completed ETFs conference, themed:

April 19, 2023

Business·Markets

Over N421.07 billion Lost By Investors In MTN Nigeria, Transcorp Hotels, Others

With over N421.07 billion lost on Monday, 17 April 2023, the Nigerian stock market capitalisation dwindled from N28.26 trillion reported on Friday, 14 April, to N27.84 trillion. The All-Share Index shrank by 773 basis points, dropping from 51,893.94 ASI to 51,120.94 ASI. At

April 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 118

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

Transcorp, Geregu, Others Drag Down Nigerian Stock Market Value By N65.88 billion

Stock Market Cap Up By N91.27 billion Despite Losses in Transcorp, Champion Brew, Others

Stock Market: Honeywell, Cadbury, Others Record N76.15 billion Gain Within Five Hours

Cadbury, Total, Others Pocket N225.97 billion In Stock Market

Transcorp, Ikeja Hotel, Others Earn N177.11bn In Nigerian Stock Market

6 Currencies Stronger Than The US Dollar

EUR/USD Analysis: Volatility Amid Subdued Dollar Index

Investors Gain Over N17.74 billion In TransCorp, IB, Other Shares

ETFs: NGX Hints On 4 Potential Listings As Investors Tackle Market Challenges

Over N421.07 billion Lost By Investors In MTN Nigeria, Transcorp Hotels, Others

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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

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

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Markets - Page 118

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