FG offers N300 billion in bond re-openings for March 2025
The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria (FGN), has announced an offer for subscription by auction of two re-opened Federal Government of Nigeria (FGN) bonds...
View ArticleExperts predict a positive outlook for Okomu Oil and Presco in 2025, disclose...
Analysts at CardinalStone have forecast a promising outlook for palm oil companies Okomu Oil and Presco in 2025, projecting better operational health, specifically an EBITDA margin of 53.8%. The post...
View ArticleAll-Share slips below 105,000-threshold, declines by 0.44%; TRANSPOWER and...
The All-Share Index closed the trading day on March 19th, 2025, in the red, dropping 460.56 points to finish at 104,915.13. This represents a 0.44% decline from the previous close of 105,375.69, as the...
View ArticleCWG Plc posts N4.4 billion full-year pre-tax profit, declares final dividend
CWG Plc has published its financial report for the year ended 31 December 2024, reporting a pre-tax profit of N4.4 billion for the full year. The post CWG Plc posts N4.4 billion full-year pre-tax...
View ArticleSolana surges past $130 as first-ever Solana Futures ETFs prepare for launch
Solana (SOL) continues its upward trajectory, trading above $130 and posting a 6% gain in the past 24 hours. The post Solana surges past $130 as first-ever Solana Futures ETFs prepare for launch...
View ArticleSolana marks five years with $1 trillion in trading volume
Solana, the high-performance blockchain platform, marked the fifth anniversary of its mainnet launch on March 16, 2020. The post Solana marks five years with $1 trillion in trading volume appeared...
View ArticleFirstHoldco announces 25% oversubscription of N150bn rights issue, plans N350...
FirstHoldco Plc has disclosed the successful completion of its N150 billion Rights Issue, which was oversubscribed by an impressive 25%. This milestone sets the stage for the company’s next phase: a...
View ArticleNaira faces FX liquidity risk amid high uncertainty
The Naira started Friday's session at N1,580/$ per dollar in the parallel market, down from N1,590/$ on Thursday, despite the bullish dollar index in the global financial market. The post Naira faces...
View ArticleIs Abbey Mortgage Bank shifting from mortgage lending to financial investments?
Abbey Mortgage Bank Plc has emerged as the best-performing mortgage stock on the Nigerian Exchange (NGX), delivering a 20% YtD gain as of March 20, 2025, building on a 35% return in 2024. Abbey has now...
View ArticleBinance delists five cryptocurrencies following routine assessment
Binance, the world’s largest cryptocurrency exchange, has announced the delisting of five digital assets after a routine review of their adherence to industry standards. The post Binance delists five...
View ArticleElon Musk reassures investors to ‘’hang on’’ as Tesla shares dive over 35% in...
Elon Musk has reached out to reassure Tesla Inc. (TSLA) employees after a challenging six weeks marked by a significant drop in the company’s shares, describing the situation as “a little bit of stormy...
View ArticleAll-Share gains 0.10% to end 5-day losing streak; SEPLAT and TRANSCOHOT lead...
The Nigerian All-Share Index ended the trading day on the 21st of March 2025, in the green, breaking a 5-day losing streak. This represents a 0.10% increase, as the index gained 104.19 points, rising...
View ArticleAbbey Mortgage Bank: A rising star in Nigeria’s financial sector
Abbey has now rallied 291% in five years, climbing from N0.92 in 2019 to N3.60. The post Abbey Mortgage Bank: A rising star in Nigeria’s financial sector appeared first on Nairametrics.
View ArticleAccess Bank launches N194 Billion commercial paper: Takeaways for investors
Access Bank Plc has announced the issuance of commercial papers (CPs) worth up to N194 billion under its N400 billion CP programme. The offering is structured into two series: Series 3 and Series 4...
View ArticleNGX lifts suspension on Mutual Benefits Assurance shares after compliance...
The Nigerian Exchange Ltd. (NGX) has announced the lifting of the trading suspension on the shares of Mutual Benefits Assurance Plc, effective Thursday, March 20, 2025. The post NGX lifts suspension...
View ArticleUH Real Estate Investment climbs 27% month-to-date in the Nigerian stock...
UH Real Estate Investment Trust has experienced growth in the Nigerian stock market this March, rising 27% month-to-date to surpass N55, as of market open on the 21st. The post UH Real Estate...
View ArticleWeekly Market Wrap: All-Share sheds 0.94%; Premium index and most sub-sectors...
The Nigerian All-Share Index closed the week ending March 21, 2025, on a downward note, losing 992.17 points, as the premium index and all subsectors except consumer goods faced declines. The post...
View ArticleForex market volatility: Naira becoming the most unpredictable currency in...
Bureau De Change (BDC) Operators, under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON), have revealed that the naira is fast becoming the most unpredictable currency in...
View ArticleSEC warns against fraud in Nigeria’s capital market, announces stricter...
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to protecting investors in Nigeria’s capital market by cracking down on fraudulent activities. According to the...
View ArticleBitcoin surges past $86,000 as crypto market gains momentum
Bitcoin and other leading cryptocurrencies extended their gains on Monday, buoyed by positive investor sentiment despite concerns over upcoming U.S. tariffs and key economic data releases later this...
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