Latest news on business in Nigeria – Page 8 of 28

NGX: Dangote Cement Becomes First Nigerian Company To Surpass N10trn Market Cap Milestone

Dangote Cement Plc has become the first Nigerian company to achieve a market capitalization exceeding N10 trillion, as its shares surged by 9.99% today, closing at N592.60. The company’s stellar performance in

Emmanuel Ochayi

10 months ago

Naira Falls To N1687 Per Dollar At Official Market

Business·Currency

Naira Hits New Record Low At N1,320/$1

Naira plummeted to an unprecedented low of N1,320 per dollar on Wednesday, marking a 3.03% or N40.00 drop from the previous day's close at N1,280.

Emmanuel Ochayi

10 months ago

Business·Markets

NGX: Transcorp Hotels Plc Hits N1trn Market Capitalization

In a feat, Transcorp Hotels Plc has secured its position among Nigeria’s market leaders by reaching a market capitalization of N1 trillion on the Nigerian Exchange Limited. The hospitality giant, known for

Emmanuel Ochayi

10 months ago

NGX Anticipates Bullish Surge In Penny Stocks, Sterling Financial, JapaulGold Shines

Afrinvest's FY 2023 Review and 2024 Outlook report has pinpointed promising prospects for penny stocks on the Nigerian Exchange Limited, particularly those priced below or around N5 per unit.

Emmanuel Ochayi

11 months ago

Business·Markets

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

The Nigerian Exchange Limited witnessed a bullish resurgence, closing in the green zone on Thursday and earning investors N313 billion.

Emmanuel Ochayi

11 months ago

Business·Markets

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

The Nigerian Exchange Group (NGX) experienced a notable shift on Wednesday, marking its first bearish trading day in 2024.

Emmanuel Ochayi

11 months ago

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira Depreciation Deepens, Exchanges N1,089.51/$1 At Official Market 

The value of the Nigerian naira dropped on Tuesday in the official Investor and Exporter window from N856.57/$ on Monday to N1089.51/$.

Victor Ezeja

11 months ago

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets

Jberger, Omatek, Others Top Gainers’ Chart As NGX Continues Its Bullish Run, Crossing 80,000 Mark

In a shift, the NGX’s bullish trend sees a surge beyond 80,000 points, with notable gains dominated by players like Jberger and Omatek. This upward trajectory pushes the All-Share Index to 80,324.53

Emmanuel Ochayi

11 months ago

Business·Currency

Naira Appreciates To N869/$1 As Experts Debate Stability

Naira demonstrated fortitude by appreciating to N869.13/$1, thereby, gaining further ground against the dollar at the official market on Friday, marking its second advance in the New Year.

Emmanuel Ochayi

11 months ago

Business·Latest News

Why Foreign Investment Continues To Decline In Nigeria – KPMG

KPMG has highlighted reasons for decline in Foreign Direct Investment and the impact on Nigeria’s economy.

Victor Ezeja

11 months ago

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Latest news on business in Nigeria - Page 8

NGX: Dangote Cement Becomes First Nigerian Company To Surpass N10trn Market Cap Milestone

Naira Hits New Record Low At N1,320/$1

NGX: Transcorp Hotels Plc Hits N1trn Market Capitalization

NGX Anticipates Bullish Surge In Penny Stocks, Sterling Financial, JapaulGold Shines

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

Naira Depreciation Deepens, Exchanges N1,089.51/$1 At Official Market

Jberger, Omatek, Others Top Gainers’ Chart As NGX Continues Its Bullish Run, Crossing 80,000 Mark

Naira Appreciates To N869/$1 As Experts Debate Stability

Why Foreign Investment Continues To Decline In Nigeria – KPMG

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