Top 10 Nigerian stockbrokers of 2024 by transaction value
In a report published on December 31, 2024, the Nigerian Exchange Group (NGX) listed the top ten stockbrokers in Nigeria for the year 2024. The post Top 10 Nigerian stockbrokers of 2024 by...
View ArticleMarket Wrap: All-Share Index climbs 0.17% despite volume decline; CAVERTON...
The Nigerian stock market closed in the green on Friday, January 17, 2025, with a gain of 170.62 points, finishing at 102,353.68. The post Market Wrap: All-Share Index climbs 0.17% despite volume...
View ArticleNew listings and fresh capital add N5 trillion to NGX’s Market Cap in 2024
This article features listings that added N5 Trillion to NGX market cap in 2024. The post New listings and fresh capital add N5 trillion to NGX’s Market Cap in 2024 appeared first on Nairametrics.
View ArticleMTN Nigeria raises N42.20 billion in series 15 and 16 commercial paper...
MTN Nigeria Communications PLC has informed the investing public and the NGX that it has completed its Series 15 and 16 Commercial Paper (CP) issuance, raising N42.20 billion. The post MTN Nigeria...
View ArticlePresident Trump’s Meme shakes Crypto Market, Valuation hits $21 Billion a few...
Donald Trump, the president-elect, via his social media handles, announced the creation of the meme coin "TRUMP." "I present my official meme coin, 'TRUMP,'" Trump declared today on Truth Social, his...
View ArticleWeekly Market Wrap: Nigerian stock market dips 2.94% as Industrial Goods and...
The Nigerian stock market, tracked by the All-Share Index, concluded the trading week ending January 17, 2025, with a notable downturn, amid losses in the industrial goods and insurance sectors. The...
View ArticleRipple, Coinbase lead $10 million crypto donation to Trump’s inauguration
Leading cryptocurrency firms have contributed at least $10 million to the Trump inaugural fund, with top executives converging in Washington ahead of the incoming president's swearing-in on Monday....
View ArticleThese Nigerian stocks tanked in 2024 – they might soar in 2025
Despite the generally bullish market in 2024, several stocks on the Nigerian Exchange (NGX) experienced sharp declines. While the NGX All-Share Index (NGXASI) delivered an impressive 37.65%...
View ArticleTRUMP coin loses $6 billion market value moments after MELANIA coin launches
TRUMP, the official meme coin associated with President-elect Donald Trump, experienced a significant decline in value, losing over 40% shortly after Melania Trump introduced her own meme coin,...
View ArticleOando shares spike over 14% following strong earnings report
Oando PLC’s shares rose by over 14% in the third week of January, increasing from an opening price of N62.50 to close at N71.80. The company reported a post-tax profit of N13.6 billion for the third...
View ArticleMarket Wrap: All-Share Index rises 0.02%; CAVERTON shines, WEMABANK tops volume
The All-Share Index experienced positive price action on January 20, 2025, gaining 16.68 points to close the trading day at 102,370.36. The post Market Wrap: All-Share Index rises 0.02%; CAVERTON...
View ArticleNaira lingers at N1,667/$ despite high Dollar volatility
The naira maintained the N1660-7 range against the haven currency in the unofficial market despite high volatility in the dollar index following President Trump's swearing-in. The post Naira lingers at...
View ArticleBest performing Pension Funds in Nigeria in 2024
The year 2024 was challenging for all of us in Nigeria in one form or another. For the key economic indicators, inflation (Dec ’24) stood at 34.80%, reflecting the ongoing economic pressures, the...
View ArticleLivestock Feeds shares surge 50% MTD in January amid increased feed sales,...
Shares of Livestock Feeds Plc have risen over 50% month-to-date, marking three consecutive weeks of gains amid a surge in market volume in early and mid-January. The post Livestock Feeds shares surge...
View ArticleBitcoin, other cryptocurrencies retreat as Trump’s speech is silent on...
Bitcoin and other cryptocurrencies cooled off on Tuesday following the inauguration of Donald Trump as the 47th U.S. President, with his initial policy announcements making no mention of digital...
View ArticleMarket Wrap: All-Share Index climbs 767 points crossing 103,000; MTN gains,...
The All-Share Index finished the trading day on January 21, 2025, with a strong performance, gaining 767.63 points to close at 103,137.99. This marks a modest rise of 0.75% from Monday’s closing value...
View ArticleBitcoin surges past $107,000 again amid planned crypto regulation overhaul
Bitcoin, the world's largest cryptocurrency by market value, surpassed the $107,000 mark in early trading on Wednesday after the US Securities and Exchange Commission (SEC) announced its plans to...
View ArticleOando Energy secures operatorship of Block KON 13 in Angola, targets...
Oando PLC has announced to the Nigerian Exchange (NGX) that its subsidiary, Oando Energy Resources (OER), has been awarded the operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin. This...
View ArticleTranscorp Power posts 115% pre-tax profit growth, revenue surges to N306...
Transcorp Power Plc achieved remarkable milestones in its fiscal year 2024, showcasing strong growth in revenue and profitability. According to its audited results submitted to the Nigerian Exchange...
View ArticleNGX must hold stocks with double digit upside for the year
With 2024 now behind us, investors should focus on aligning their portfolios with stocks poised to deliver strong returns in 2025. In an environment where market volatility presents both challenges and...
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