Shares

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Over N7.14bn Shares Traded, Cadbury Tops Stock Market Decliners’ List

The Nigerian Exchange Limited (NGX), the capital market authority, reported that the stock market capitalisation settled at N35.74 trillion on Wednesday. According to data obtained from the capital market authority, the All-Share

Fakoyejo Olalekan

1 year ago

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Business·Insights

Aliko Dangote Loses N275.09 billion, Investors Snub Cement, Sugar Businesses

Businessman, Aliko Dangote, lost 6.25 per cent and 7.10 per cent of his investments in Dangote Cement and Dangote Sugar respectively last week. His investment in the cement and sugar businesses depreciated

Fakoyejo Olalekan

2 years ago

Business·Markets

Equity Investors Make N90 billion, As Stock Market Closes High

Nigerian stock exchange closed with N90 billion gain on Monday, 6 February 2023, as the market capitalisation increased from N29.52 trillion to N29.61 trillion. The All-Share Index gained 154.65 basis points on Monday to rise

Fakoyejo Olalekan

2 years ago

Business

Top Two Billionaires, Bernard Arnault, Elon Musk, Lose $7.8 billion, As Wealth Drops

The world’s two richest, Bernard Arnault and Elon Musk, lost a whopping $7.8 billion in one day, as their companies suffer losses in the capital market. Musk recorded the biggest loss, with

Fakoyejo Olalekan

2 years ago

Elon Musk Now Twitter's Biggest Shareholder

Entrepreneurship

Multibillionaire Business Mogul Musk Sells 10% Shares Of Tesla’s Holdings After Twitter Polls

Tesla chief executive Elon Musk late Wednesday night fulfilled his pledge to sell 900,000 shares of his electric car company’s stock for 1.1 billion dollars, about N451,649,000,000.00 (Four Hundred and

Izuchukwu Okosi

3 years ago

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Over N7.14bn Shares Traded, Cadbury Tops Stock Market Decliners’ List

Aliko Dangote Loses N275.09 billion, Investors Snub Cement, Sugar Businesses

Equity Investors Make N90 billion, As Stock Market Closes High

Top Two Billionaires, Bernard Arnault, Elon Musk, Lose $7.8 billion, As Wealth Drops

Multibillionaire Business Mogul Musk Sells 10% Shares Of Tesla’s Holdings After Twitter Polls

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