Economic NewsKey Highlights:US Services Sector Growth:The services sector expanded faster than expected in December, with the Institute for Supply Management's PMI showing robust business activity.Jef...
US Stock Market Report – Tuesday RecapMarket Overview:The major US benchmark equity indexes closed lower on Tuesday, driven by declines in key technology stocks.Nasdaq Composite: -1.9% to 19,48...
Mutual Funds Boom as Nigerian Investors Embrace Stability: NAV Hits ₦3.75 Trillion The appetite for investment in Mutual Funds has soared, with the Net Asset Value (NAV) of these funds rising b...
Book Review: The Psychology of Money by Morgan Housel (2020)Morgan Housel’s The Psychology of Money is a thought-provoking book that delves into the human relationship with money. Published in 2020,...
NGX Trading Summary for Tuesday, January 7, 2025Trading Activity OverviewAt the close of the day’s trading on the Nigerian Stock Exchange (NGX):• Shares Traded: 1,112,216,698 shares• Total Deals...
Okitipupa Oil Palm Plc Modernizes Operations with Four New Mills and Expansion Plans Pink Nominee Ltd (PNL), the core investor in Okitipupa Oil Palm Plc, has initiated an ambitious modernization ...
Investors Inject $32 Billion Into ETFs as 2025 Starts StrongExchange-traded funds (ETFs) witnessed a robust beginning to 2025, with investors pouring $32 billion into nearly 4,000 U.S.-listed funds in...
Nvidia Stock Hits Record High Ahead of CEO Jensen Huang’s CES KeynoteNvidia (NVDA) stock reached a new all-time high on Monday, closing at $149.43, ahead of CEO Jensen Huang’s keynote address at t...
Market Summary for January 6thNasdaq and S&P 500 Gain Amid Tech Stock RallyThe Nasdaq Composite and S&P 500 closed higher on Monday, driven by a surge in technology and semiconductor stocks.Na...
Sector Update: Financial Stocks Edge DownFinancial stocks saw slight declines by late Monday afternoon. The NYSE Financial Index dipped 0.1%, while the Financial Select Sector SPDR Fund (XLF) dropped ...