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Markets - Page 124

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

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

Business·Markets

Stock Market Gains N173.73bn Amid Low Demand For Abbey Mortgage, Others

The market capitalisation grew by 0.61 per cent or N173.73 billion gain on Thursday, as the value of the stock market climbed from N28.17 trillion to N28.34 trillion. Also, the All Share Index increased in value from 51,729.87 ASI to 52,048.85 ASI,

January 12, 2023

Business·Markets

Nigerian Stock Market Investors Pocket N154.29bn, As Thomas Wyatt, Others Record Gain

On Wednesday, the market capitalisation of the Nigerian stock exchange increased by 0.55 per cent or N154.29 billion to N28.17 trillion, from N28.02 trillion. The growth in market capitalisation followed the 283.27 basis points gained by the All Share Index on Wednesday, which lifted

January 11, 2023

Five Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

Business·Insights·Markets

5 Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

In 2022, Nigeria experienced historic inflation, with the rate closing in November at 21.47 per cent, the highest level in 17 years. Within 11 months, inflation soared by 37.6 per cent, having posted a 15.6 per cent rate in January 2022. This

January 11, 2023

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

Business·Markets

Honeywell, Champion, Other Firms’ Investors Lose N134.25 billion, As Nigerian Bourse Crashes

The Nigerian Stock Exchange reported that the market capitalisation lost N134.25 billion on Tuesday, sending the bourse’s value down to N28.02 trillion from the previous day’s N28.15 trillion. Similarly, the All Share Index closed down at 51,446.6 ASI after losing 246.48 basis points from

January 10, 2023

Business·Markets

Investors Earn N256.3 billion, As Stock Market Cap Rises To N28.15 trillion

Investors closed trading on Monday with an N256.3 billion gain, as the market capitalisation appreciated by 0.9 per cent. This raised the market capitalisation up from N27.89 trillion to N28.15 trillion. Similarly, the All Share Index increased to 51,693.08 ASI, adding 470.74 basis points

January 9, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

Investors Pocket N192.71bn, As Nigerian Stock Exchange Rises By 0.69%

Investors closed trading on Friday with N192.71 billion gain, after the market capitalisation rose by 0.69 per cent from Thursday’s N27.70 trillion to N27.89 trillion. The growth was driven by the All Share Index which appreciated from 50,868.52 ASI to 51,222.34 ASI, after

January 6, 2023

Business·Markets

Investors Lose N429.76bn To Sell-offs In Airtel Africa, Prestige, Others

Sell-off in Airtel Africa, Prestige, and other equities plunged the Nigerian market capitalisation by -1.52 per cent on Thursday, representing N429.76 billion loss. As a result, the market capitalisation dropped to N27.70 trillion from N28.13 trillion. This was due to the All Share

January 5, 2023

Business·Markets

BUA Cement, Transcorp Top Trade, Stock Market Cap Closes With N28.13 trillion

Over N33.71 billion was gained on Wednesday, representing 0.11 per cent growth in the Nigerian bourse’s market capitalisation, which rose from N28.10 trillion to N28.13 trillion. The All Share Index closed with 51,657.56 ASI, adding 61.9 basis points to the 51,595.66 ASI recorded a day

January 4, 2023

Business·Markets

Chellaram Leads Losers, BUA Foods Tops Gainers’ List Amid N187.69 billion Gain

The stock market’s total equity capitalisation closed at N28.10 trillion on Tuesday after the capital market shutdown to celebrate the New Year public holiday on Monday. Following trading on Tuesday, the market capitalisation appreciated by 0.6 per cent or N187.69 billion from last week Friday’s N27.91

January 3, 2023

Business·Markets

Top 10 Fintech Firms In Nigeria 2022

FinTech companies, short for financial technology companies, deploy new technological trends to facilitate financial services delivery. Just like the manual banking we are used to, FinTech is about using modern digital technology to develop, transform and integrate businesses for consumers. Nowadays, FinTech

December 31, 2022

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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 124

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

Stock Market Gains N173.73bn Amid Low Demand For Abbey Mortgage, Others

Nigerian Stock Market Investors Pocket N154.29bn, As Thomas Wyatt, Others Record Gain

5 Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

Honeywell, Champion, Other Firms’ Investors Lose N134.25 billion, As Nigerian Bourse Crashes

Investors Earn N256.3 billion, As Stock Market Cap Rises To N28.15 trillion

Investors Pocket N192.71bn, As Nigerian Stock Exchange Rises By 0.69%

Investors Lose N429.76bn To Sell-offs In Airtel Africa, Prestige, Others

BUA Cement, Transcorp Top Trade, Stock Market Cap Closes With N28.13 trillion

Chellaram Leads Losers, BUA Foods Tops Gainers’ List Amid N187.69 billion Gain

Top 10 Fintech Firms In Nigeria 2022

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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 124

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