Carvana Stock Falls as Hindenburg Calls Turnaround a 'Mirage'Carvana stock dropped nearly 2% on Thursday after short-seller Hindenburg Research announced a short position in the company, claiming its ...
Ardova, Heyden Partner with Dangote Refinery for Stable Fuel Supply ⚡⛽In a strategic move to enhance fuel availability and affordability across Nigeria, Ardova Plc and Heyden Petroleum have signed...
Equity Markets Slip on First Trading Day of 2025U.S. equity markets started the year on a sour note, with major indexes closing lower on Thursday. The S&P 500 and Nasdaq Composite both fell 0.2% t...
Economic News: Mixed Signals from the U.S. EconomyManufacturing Slump: The U.S. manufacturing sector contracted further in December, with declining output and new orders. Sentiment hit its lowest leve...
Summary: Tesla Faces First Yearly Sales Decline; Shares SlideTesla shares fell 6.1% to $379.28 on Thursday after the company reported a significant Q4 delivery miss and its first annual sales decline ...
NGX Trading Summary for Thursday, January 2, 2025Today’s trading session on the Nigerian Exchange (NGX) recorded significant activity, with 829,754,438 shares traded across 11,752 deals, amounting t...
What to Watch in the Stock Market Today1️⃣ Analysts Predict More Stock Market Gains in 2025After a strong 2024, with the Nasdaq up 29%, the S&P 500 rising 23%, and the Dow Jones climbing 13%, ...
NGX All-Share Index Surges 283.45% Since 2020The Nigerian Exchange Limited (NGX) has achieved remarkable growth in the 2020s, recovering strongly from a challenging 2015–2019 period. Here’s a brea...
FG Launches N250bn Real Estate Investment Fund for Affordable Housing The Federal Government has rolled out a groundbreaking initiative to bridge Nigeria’s housing finance gap and promote econo...
Investors Rush to Government Debt as Rising Rates Squeeze Corporates Nigerian Companies Face Funding Challenges in 2024Investors in Nigeria have increasingly turned to government debt instruments...