Trade war thaw and ECB stimulus hopes buoys stocks
World stocks climbed to their highest in six weeks on Thursday as the European Central Bank prepared to offer new stimulus measures
Equities market begin 2nd week in September red
The Nigerian equity market at the close of Monday’s transactions shed 21 basis points (bps) to kick off the second week of September
Equities market halt gains as market cap sheds N130bn
The Nigerian Stock Exchange (NSE) market capitalisation on Wednesday shed N130 billion, halting gains recorded in the first two
Volatility, short-lived gains expected this week as investor sentiments in equities remain weak
A measure of volatility on the local bourse as well as an end to the bullish run recorded at the equities market last week is expected
Stocks rally on earnings, trade before Fed minutes
U.S. stocks rose on Wednesday as better-than-estimated earnings at retailers bolstered confidence in the world’s largest economy and
Trade friction hits stocks, yuan slumps to lowest in over a decade
Global stocks fell for a sixth day on Monday as an escalation of trade tensions between the United States and China spooked markets
Frenzied debut of China’s Nasdaq-style board adds $44bn in market cap
Trading on China’s new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday, with shares up as much as 520% in a wild
“Nigeria, great place for business” says Airtel MD as stock debuts at N363 on NSE
Segun Ogunsanya, the managing director of Airtel Nigeria, Tuesday, praised Nigeria, as a country that is great for business. Ogunsanya
Dangote Flour Mills exit NSE’s top 30, as Custodian Investment joins
Dangote Flour Mills (DFM) has exited the NSE’s 30 index. Consequently, Custodian Investment Plc. is to replace Dangote Flour
Nigerian stocks edge lower 0.84% as sell-offs trail bellwethers
Nigerian stocks started the week Monday on the low as losses in market bellwethers – NESTLE (-3.2%), DANGCEM, (-0.6%) and