The U.S. market has had a roller-coaster experience in the last five weeks following President Joe Biden’s capital gain tax proposals for the wealthy and largest corporations.After Bloomberg reporte...
Yesterday, investors at the Nigerian Stock Exchange closed in a red zone as stocks lost N773 Billion following investors' role in sell-offs. On Monday, the NGX lost N50.64 Billion after market analyst...
The long-waited and closely-watched Robinhood IPO kicked off with a bang after the stock trading app raised nearly $2 billion in its initial public offering, selling shares at $38 per piece, the low e...
The Nigerian Stock Market All Share Index ended March with a negative return of 0.91, reversing back-to-back advances in January and February. This is also the fifth year in a row that the stock m...
The Russian-Ukraine crisis has caused inflation of diesel costs which had impacted heavily and negatively on the manufacturing sector of Nigeria pushing the second quarter of Nigerian inflation ar...
JPMorgan Chase reported on Thursday that the bank's second-quarter profit fell as it increased reserves for bad loans by $428 million while discontinuing share repurchases. In a statement, he sai...
What is Cash CrunchA cash Crunch is synonymous with a lack of cash or an absence of liquidity.It is when individuals or organizations don't have enough cash at hand to meet their financial obligations...
On Wednesday, the Nigerian Exchange Limited (NGX) gained N132 billion at the market's close to cover losses incurred in previous markets. Yesterday, Seplat Nigeria recorded a 10% profit, Meyer Plc rec...
The first trading market for the week started with a negative start as it recorded a N259 billion loss following the decline of some medium-cap companies, dragging down market capitalization at the cl...
On Thursday, the Nigerian Stock Exchange Limited (NGX) finished positive with stock appreciation in Okomu Oil Plc and 49 other equities.The NGX All Share Index gained 891.31 basis points, or 1.21%, to...