N4.64 Trillion Wiped Out in Nigerian Stock Market Crash
Nigerian stock market plunges 5.01%, wiping N4.64 trillion off investor wealth in massive selloff. Key stocks including MTN Nigeria, BUA Cement crash by 10%.
Category : Stock Market
Asian markets gain as US shutdown deal reached
Asian stocks climbed for second day as US lawmakers reached deal to end record 41-day government shutdown. Market analysts warn of economic impact and Fed uncertainty. Read more for full analysis.
Buffett to Step Down as Berkshire CEO, Holds Shares
Warren Buffett confirms he will step down as Berkshire Hathaway CEO at year's end but will retain a significant stake. Read about the leadership transition.
US Shutdown Deal Sparks Global Market Rally
Global markets surge as US lawmakers reach deal to end record 40-day government shutdown. Nigerian investors monitor impacts on oil prices and economic data.
Bond yields drop 15.77% as investors seek safety
Nigerian secondary bond market turns bullish with yields down 15.77%. Discover why investors are dumping equities for fixed-income assets and the success of the $2.35bn Eurobond.
Nigerian Stock Market Closes Week Negative
The Nigerian Exchange ended the week negatively with declining trading volume and value. Key losers included Sovereign Trust Insurance and C & I Leasing. Read full analysis.
NGX Sinks Below 150,000 Points, Loses ₦2.81 Trillion
Nigeria's equities market suffered a sharp weekly decline, with the All-Share Index falling 2.99% to 149,524.81 points. Discover the top winners and losers.
Elon Musk Could Become First Trillionaire After Tesla Deal
Tesla shareholders have overwhelmingly approved Elon Musk's record-breaking compensation package worth nearly $1 trillion, potentially making him the world's first trillionaire and signaling strong confidence in Tesla's future growth.
Elon Musk's $1 Trillion Tesla Package Approved
Tesla shareholders have approved Elon Musk's historic compensation package worth nearly $1 trillion, causing the billionaire's net worth to surge dramatically. Discover how this decision impacts Musk's wealth and Tesla's future.
Nigerian Stock Market Plunges Amid Economic Worries
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
SEC Chief Urges Registrars to Embrace Innovation
SEC Director-General Timi Owoturo challenges registrars to drive efficiency and technological advancement in Nigeria's capital market operations.
Elon Musk's $56B Tesla Pay Package Faces Shareholder Vote
Tesla shareholders are voting on Elon Musk's controversial $56 billion compensation package that could become the largest CEO pay deal ever. Discover the high-stakes battle and what it means for Tesla's future.
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.
Asian Markets Rebound Strongly on US Jobs Data
Asian markets surged dramatically as robust US employment figures boosted investor confidence, triggering a powerful recovery across major indices from Tokyo to Sydney.
Trump Effect Worsens Nigerian Stock Market Losses
Nigerian equities continue downward trend as Trump's political resurgence creates global market jitters. NGX sheds N1.36 trillion in two-day losing streak.
BMW Reports Profit Surge, Shares Jump 5.5%
German luxury automaker BMW reports unexpected profit jump, sending shares soaring by 5.5% as premium vehicle sales defy economic challenges. Full-year outlook remains strong despite market volatility.
Asian Markets Crash Amid Tech Bubble Fears
Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.
Naira Crashes, Stocks Drop After Trump Victory
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.
Telefónica Shares Drop Amid Dividend Cut and Net Loss
Spanish telecom giant Telefónica faces market turbulence as shares plummet following dividend reduction and unexpected net loss announcement.
Nigeria Stock Market Gains ₦7.2 Trillion in October
Nigeria's stock market experienced an unprecedented rally in October, delivering massive gains to investors as renewed confidence and steady reforms fuel economic optimism.
Asian Markets Volatile Amid Tech Rally, Fed Watch
Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.
Asian Markets Rally on Trader Optimism Surge
Major Asian stock markets surged as investor optimism grew over economic recovery prospects. Discover which markets led the gains and what's driving this positive momentum across the region.
NGX Gains ₦285BN as Market Stages Impressive Comeback
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.
Asian Markets Rally on Apple, Amazon Earnings
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.
Stellantis Shares Fall Despite Sales Growth
Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.
Asia Markets Watch Trump-Xi G20 Meeting
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.
FMCG Stocks Surge 200% in Nigerian Market Rally
Nigeria's FMCG sector experiences massive recovery as leading stocks deliver unprecedented returns, with some companies posting over 200% growth amid improved market conditions.
NSE and Defence HQ Launch Strategic Think Tank Initiative
Nigeria's capital market regulator partners with military leadership to establish strategic think tank aimed at enhancing national security and economic development through collaborative research.
Meta Stock Plummets After ₦2.4 Trillion Tax Hit
Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.
Asian Markets Join Wall Street's Record Tech Rally
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.
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