Local Market Strength: Meanwhile, the Nigerian Exchange (NGX) is flying high on the back of robust corporate earnings, rising domestic participation, and strong investor demand across heavyweight banking, industrial, and energy sectors.
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McNichols Consolidated Plc has initiated a Rights Issue following the submission of an application by its issuing stockbroker, Cordros Securities Limited, to Nigerian Exchange Limited (NGX) for approval and listinghttps://t.co/0NdyColfTR#McNicholsConsilidated
NAICOM tasks new NIA chair on rebuilding trust, deepening insurance penetration
The National Insurance Commission has urged the newly appointed chairman of the Nigerian Insurers Association to focus on rebuilding public trust and increasing insurance penetration across the country. The regulatory directive aims to strengthen the Nigerian insurance sector and foster industry collaboration.
Three hurdles halting Nigeria’s gas to power dream – NRGI
A report by the Natural Resource Governance Institute indicates that Nigeria's efforts to leverage its vast natural gas reserves for electricity generation face significant hurdles. The organization suggests that deep structural reforms are necessary to address these challenges and improve power sector reliability.
Capital Market Reforms Earn Global Recognition With S&P Upgrade List Inclusion
S&P Dow Jones Indices has placed Nigeria on its annual Country Classification Watchlist for a potential upgrade to Frontier Market status in 2027. The decision positions the country's capital market under formal review, reflecting the impact of recent market reforms.
Nigerian stocks have overtaken South Korea’s Kospi index to hand the most total returns this year. ~ BloombergThis is what applies when you have a deft, nimble-witted economist at the helms. President Bola Tinubu is on a mean streak.Unprecedented. https://t.co/smVvpq6cGG
Someone asked me a question last week."I have ₦15,000. Which of the big companies on the NGX should I buy?"It is a good question. But it has a hidden problem inside it.Let me show you what I mean.Funmi is a nurse. She earns a decent salary and she saves consistently. She
You don't need millions to start investing. 🇳🇬With as little as ₦5,000, you can invest in Money Market Funds, Treasury Bills, or own fractional shares of NGX-listed companies.Small beginnings. Big possibilities.💬 Invest or spend ₦5,000?#Investing #NGX #MoneyTips https://t.co/Q9AC1JVqvw
Nigeria’s fibre network: Lagos, Abuja hold 18% as deployment gaps persist
Nigeria has deployed over 101,000 kilometres of fibre optic cable across the country, with nearly 18 percent of the infrastructure concentrated in Lagos and Abuja. This distribution highlights significant deployment gaps in other states, impacting nationwide broadband penetration.
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NGX stocks on @HisaApp ✅✅✅Hisa is currently the best trading experience on the market, and it's going to keep getting better.1% commission on all trades. https://t.co/9KSWqWdUm5
After spending weeks in the Extreme Fear zone, the NGX Fear & Greed Index has finally moved into the Fear region.While caution still dominates the market, this shift suggests investor sentiment is gradually improving. Confidence isn't back yet, but the worst of the panic may be https://t.co/oLQi26rPw9
THE BEAUTY OF DOLLAR (NAIRA) COST AVERAGING
Like you may have known, Dollar (Naira) Cost Averaging simply refers to buying a particular stock at different times irrespective of the price. Let's take a Practical case of Aradel for instance. A few months ago, it reached an All https://t.co/qDyFDlFUSZ
Nigerian Stocks Vault Past Korea’s Kospi to Claim World’s Top Returns as returned 67% in dollar terms this year, outpacing the 66% gain for the Kospi index
https://t.co/wnT2hMVpq5
@MubyMuhd__ What is Stanbic Imaan Fund
📈 Top NGX Gainers This Morning
1️⃣ TAJSUKS2: +33.32%
2️⃣ TRANSEXPR: +10.00%
3️⃣ AIRTELAFRI: +10.00%
Early gains can change before the market closes. Always research a company's fundamentals before investing—not every early rally lasts. #alphagnx
Nigerian stocks have overtaken South Korea’s Kospi index to hand investors the highest dollar-based returns this year, topping a list of 92 global stock exchanges tracked by Bloomberg.Doubts about the AI boom are weighing on the Kospi, while Nigerian stocks have rallied. See https://t.co/4TD4UHVmyn
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Nigeria holds steady, South Africa improves as growth slows across Sub-Saharan Africa
Sub-Saharan Africa is experiencing a broader economic slowdown, but Nigeria's growth is expected to hold steady while South Africa's outlook improves. The resilience of the region's two largest economies stands out amid tighter global financial conditions.
International Breweries proposes share capital reduction to eliminate N191 billion losses
International Breweries Plc has proposed a share capital reduction aimed at eliminating accumulated losses of N191 billion. The corporate restructuring is designed to restore the company's distributable reserves and enable future dividend distributions to its shareholders.
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