Nigeria Stock Crisis: ₦1.3Trn Lost in Day
Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.
Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.
Asian markets surged dramatically as robust US employment figures boosted investor confidence, triggering a powerful recovery across major indices from Tokyo to Sydney.
Nigerian equities continue downward trend as Trump's political resurgence creates global market jitters. NGX sheds N1.36 trillion in two-day losing streak.
Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.
Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.
Nigeria's stock market experienced an unprecedented rally in October, delivering massive gains to investors as renewed confidence and steady reforms fuel economic optimism.
Nigerian government announces comprehensive tax relief package including 50 exemptions that will benefit individuals and businesses from 2026. Discover key benefits for manufacturing, agriculture, and everyday Nigerians.
The US dollar experiences dramatic crash against Nigerian naira with official and black market rates converging. Former US President Donald Trump warns Nigerian government about economic policies. Latest exchange rate updates and market analysis.
NAFDAC remains resolute in fighting substandard products despite recent attacks on officials at Trade Fair Market. Agency promises intensified operations against fake goods.
Nigeria's Naira surges to ₦1,142 against the dollar, marking its strongest performance in weeks following significant dollar inflows and Central Bank interventions.
The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.
Strategic minerals expert warns America needs urgent market interventions to counter China's dominance in rare earth metals critical for defense and green technology.
Asian markets surge following impressive earnings from tech giants Apple and Amazon. Get insights on market trends, currency movements, and economic indicators shaping regional economies.
The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.
Asian stock markets showed cautious trading as investors await the crucial meeting between US President Donald Trump and Chinese President Xi Jinping at the G20 summit. Get the latest analysis on market movements and economic implications.
Nigeria's FMCG sector experiences massive recovery as leading stocks deliver unprecedented returns, with some companies posting over 200% growth amid improved market conditions.
Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.
Nvidia don break all records for global market as e become first company wey reach $5 trillion valuation. See how dis AI chip maker dey change the tech world.
Nvidia makes history as first company to hit $5 trillion market value, driven by AI revolution and massive demand for its chips. Nigerian tech community watches closely.
German luxury automaker Mercedes-Benz reports massive profit decline amid Chinese market struggles and new European Union tariffs on electric vehicles.
Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.
Asian stock markets joined Wall Street's record-breaking rally as technology shares continue their impressive bull run. Discover which markets and tech giants are driving this global surge.
The US Federal Reserve is preparing for interest rate reductions in its final 2024 meeting, setting the stage for economic shifts that could impact Nigeria's markets and inflation trends in 2025.
The Nigerian Exchange witnessed significant profit-taking activities this week, resulting in a staggering N91 billion decline in market capitalization amid mixed trading sessions.
Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.
Apple makes history as the first company to hit $4 trillion market value, joining Microsoft and Nvidia in the elite trillion-dollar club. Discover how this achievement is reshaping the tech landscape.
Nigeria's equity market extends losing streak as investors watch ₦90 billion vanish in Tuesday's trading session. Key stocks plunge amid sustained bearish pressure.
Discover the surprising reasons behind global stock market surges and what it means for Nigeria's economy and investors in 2024.