Okomu Oil reports pre-tax profit of N52.05 billion in 2024, 58% increase as...
Okomu Oil Palm Plc has reported a pre-tax profit of N52.05 billion for the 2024 financial year, according to its recently published unaudited financial report. The post Okomu Oil reports pre-tax profit...
View ArticleNeimeth’s stock rally: Can capital raise sustain momentum?
Neimeth International Pharmaceuticals Plc has emerged as one of the top-performing stocks on the Nigerian Exchange (NGX) in 2025. The post Neimeth’s stock rally: Can capital raise sustain momentum?...
View ArticleTRUMP crypto hits new all-time low of $14.29 amid ongoing tariff wars
The TRUMP cryptocurrency has experienced a significant decline, erasing most of its value within a month due to ongoing tariff wars initiated by the U.S. President. The post TRUMP crypto hits new...
View ArticleFidson Healthcare soars 24% in early February 2025, breaks N19 mark
Shares of Fidson Healthcare Plc rose by 24% in the first week of February 2025, with a trading volume of 8.8 million shares, securing a spot on the NGX’s advancers list for the week. The post Fidson...
View ArticleCentral African Republic launches meme coin $CAR to boost global profile
The Central African Republic (CAR) has launched a meme coin, $CAR, as part of an innovative effort to raise the global profile of one of the world’s poorest nations. The post Central African Republic...
View ArticleAll-Share Index dips 0.04% despite increased volume: Three stocks up 10%,...
The All-Share Index wrapped up the trading day on February 10, 2025, in the red, losing 41.70 points to close at 105,891.33. The post All-Share Index dips 0.04% despite increased volume: Three stocks...
View ArticleNaira trades at highest level in 2025, nears N1,500/$ at black market
The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing reforms by the Central Bank of Nigeria. The post Naira trades at highest...
View ArticleVFD Group grows full-year profit to N12.4 billion as revenue soars, reveals...
VFD Group Plc has reported a full-year pre-tax profit of N12.4 billion, as detailed in their earnings report released on the Nigerian Exchange (NGX) on February 10, 2025. The post VFD Group grows...
View ArticleWill Oando Plc gain another 529% this year?
Oando Plc saw its stock surge by an impressive 529% in 2024, rising from N10.50 to N66, making it the second best-performing stock of the year. This followed a 163% increase in 2023. Several factors...
View ArticleBitcoin turns Crypto market pink, Investors flee to U.S. Dollar
Bitcoin's correction below $96,000 has caused the cryptocurrency market to turn "pink." The post Bitcoin turns Crypto market pink, Investors flee to U.S. Dollar appeared first on Nairametrics.
View ArticleEterna Plc gains over 60% in February, shatters N40 mark following positive...
Shares of Eterna Plc have soared more than 60% month-to-date as of the trading day on February 11, 2025, shattering the N40 barrier. The post Eterna Plc gains over 60% in February, shatters N40 mark...
View ArticleCashew nuts surge 17% in Nigeria’s commodity market
Cashew nuts, represented by the ticker symbol SCSN, have surged over 17% year-to-date in the commodities market, outpacing cocoa to become the top-performing commodity thus far in 2025. The post...
View ArticleNaira weakens midweek, trades at N1,570/$1 in parallel market
The Naira extended its downward trajectory mid-week, depreciating further against the US dollar in both the parallel and official markets. The post Naira weakens midweek, trades at N1,570/$1 in...
View ArticleMarket Wrap: Nigerian stock market hits N67 trillion cap; VFDGROUP,...
The Nigerian stock market, tracked by the All-Share Index, wrapped up the trading session ending February 12, 2025, with a strong surge, gaining 1,247.80 points to close at 107,822.52. The post Market...
View ArticleFBN Holdings announces rebranding to First HoldCo Plc, states rationale...
FBN Holdings Plc has officially announced its transition to First HoldCo Plc (FirstHoldCo), a change that will be implemented across all its subsidiaries. This decision follows a proposal put forward...
View ArticleAll-Share shatters 108,000 and 109,000 barriers; REGALINS, DANGOTE CEMENT soar
The Nigerian All-Share Index concluded the trading session on February 13, 2025, with a remarkable surge, gaining 1,349.52 points to close at 109,172.03. The post All-Share shatters 108,000 and...
View ArticleCBN’s latest OMO auction sees lower stop rates as subscriptions hit N1.915...
The Central Bank of Nigeria (CBN) conducted another Open Market Operation (OMO) auction on February 13, 2025, attracting significant investor participation. The post CBN’s latest OMO auction sees...
View ArticleVFD Group’s high stakes play: Can a costly debt raise support its 2025 targets?
VFD Group Plc has set its sights on an ambitious expansion, but its latest N6 billion commercial paper issuances under a N20 billion program raises fundamental questions about its financial strategy....
View ArticleGold on a rampage for 7th straight week
Gold prices remained near record highs during Friday's London trading session, despite President Donald Trump delaying plans for reciprocal tariffs, which led financial markets to adopt a risk-on...
View ArticleExperts predict how the Nigerian stock market will perform in 2025
As of mid-February 2025, the Nigerian stock market, tracked by the All-Share Index, exhibits a promising upward trajectory, after a strong performance in the fourth quarter of the previous year....
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