Dangote Cement PLC, Africa’s largest cement producer, has announced profit after tax (PAT) of ₦189.9 billion for the first half of 2024. This represents a notable...
The Nigerian stock market experienced a downturn in the week ending Friday, July 26, 2024 as a result of a recent decision by the Central Bank...
Crude oil fell approximately 1.5% on Friday following a weekly decline driven by decreasing demand from China and optimism about a potential ceasefire in Gaza that...
The Nigerian equities market declined on Wednesday, shedding N68 billion in value following an increase in interest rate to 26.75%. The Monetary Policy Committee (MPC) of...
Oil prices gained on Wednesday following the reduction in U.S. crude and fuel inventories. However, the market remains cautious due to ongoing concerns about weak global...
Nigeria’s equities gained modestly at the start of the week as investor enthusiasm pushed stock prices slightly higher. The Nigerian Stock Exchange (NGX) All-Share Index climbed...
The Nigerian equity rebounded last week as investors pocketed a N512 billion gain on the back of the surge in trading activity. This surge reflects an...
Oil prices rose during the Asian trading session today on speculation that the U.S. Federal Reserve may begin cutting interest rates as soon as September. Brent...
In a significant political announcement on his X.com account, President Joe Biden has decided to forgo the opportunity to seek re-election in 2024, instead throwing his...
The Nigerian Exchange Limited (NGX) recovered on Thursday amid the surge in strong investor demand for small and mid-cap stocks. The market capitalisation rose by N263...