The negative trading pattern that commenced last week has been sustained into the new week as investors lost about N318bn on the Nigerian Exchange Limited.
In the past week, the Nigerian equities market returned to bearishness, as the NGXASI shed -2.03 percent week-on-week, driven by selloffs on Aradel (-25.75 percent) and some industrial goods tickers, such as BUA Cement (-11.09 percent)............Read-More

Global stock markets rose and the dollar slid yesterday as investors steel themselves for a coin-toss US presidential election, an interest rate decision and expected Chinese stimulus measures.
Oil prices rallied around 2.5 per cent after eight members of the OPEC+ group of producers ...........Read-More

The management of FBN Holdings has budgeted an estimated N103.1 billion for its corporate business and retail business lending segments of the market, following its plan to raise N150 billion from its existing shareholders.,...........Read-More

Access Holdings Plc's gross earnings increased to N3.4tn in the first nine months of this year, driven by a rise in interest income.
This was indicated in its third-quarter report filed with the Nigerian Exchange Limited. ........Read-More

MTN Nigeria Communications Plc has revealed plans to issue up to N50bn Series 11 and 12 commercial paper notes under the company's N250bn commercial paper issuance.
This was disclosed in a corporate notice filed with the Nigerian Exchange Limited on Monday and signed by the Company Secretary, Uto Ukpanah. .........Read-More

Indigenous oil company, Oando Plc, has reported a 44 per cent decline in its half-year profit to N62.6bn from N112.45bn recorded as of half-year 2023.
This was disclosed in its H1 Unaudited 2024 results filed with the Nigerian Exchange Limited..........Read-More

Annuitants of African Alliance Insurance Company have called for a clear timetable on when they should expect their first payment after months of non-payment.
An annuitant is a person who receives regular payments from an annuity contract. The annuity contract requires payments for more than one year.........Read-More

MTN Nigeria Communications Plc (MTN Nigeria) has announced its financial results for the nine months ended 30 September 2024 showing mixed performance.
The telecom company recorded a loss after tax of N514.9 billion (Q3 2024 profit after tax of N4.1 billion.......Read-More