Stocks Rebound After Recent Weakness, Dollar EasesKey Highlights:U.S. stocks rally; S&P 500 and Nasdaq end losing streakDollar softens after a four-day climbTreasury yields stabilize following upb...
NGX Trading Summary for Friday, January 3, 2025At the close of trading on the Nigerian Stock Exchange (NGX), the following key metrics were recorded:• Volume of Trades: 709,279,301 shares• Number ...
NGX Launches Equity-Based Commodity Index and Announces Index Updates The Nigerian Exchange Limited (NGX) has unveiled a new market index, the Equity-Based Commodity Index, designed to track the ...
2024 Market Laggards: Five Listed Firms Suffer Over 30% Share Price DeclineWhile the Nigerian Exchange Limited (NGX) celebrated a strong year of growth in 2024, with the All-Share Index (ASI) soaring ...
MTN Transfers Guinea Operations to Local Government Ownership MTN Group, Africa’s largest network operator by subscriber base, has successfully completed the sale of its operations in Guinea (M...
NAHCO Sets N300B Revenue Target with Extended Airline Contracts ✈️West Africa’s top ground handling service provider, NAHCO Aviance, has renewed its contracts with three major international airl...
Biden Blocks U.S. Steel Takeover by Japan’s Nippon Steel, Citing National Security ConcernsKey Points:President Joe Biden has halted Nippon Steel’s $14.9 billion bid to acquire U.S. Steel.The deci...
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...