financial markets

Stock Market Kicks Off the Week with a Massive N705bn Surge!
The Nigerian stock exchange commenced the week on an optimistic trajectory, recording a substantial increase of N705 billion, fueled by rising share prices in BUA...

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Politics Today
2 weeks ago2 weeks ago

The Nigerian stock exchange commenced the week on an optimistic trajectory, recording a substantial increase of N705 billion, fueled by rising share prices in BUA Foods Plc alongside 31 other companies. The All-Share Index surged by 1,113.31 points, marking a 0.79% uplift to close at 141,659.00 points. Correspondingly, the total market capitalization expanded by N705...

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How My Journey Into Financial Market Trading Started — Ahmed XM
The most followed cryptocurrency trader in Nigeria, Ahmed Saifullah Yusuf, fondly called Ahmed XM, has shared insights into how he started forex and cryptocurrency trading....

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Politics Today
4 weeks ago4 weeks ago

The most followed cryptocurrency trader in Nigeria, Ahmed Saifullah Yusuf, fondly called Ahmed XM, has shared insights into how he started forex and cryptocurrency trading. Ahmed XM, who is also a forex trading expert and founder of cryptocurrency trading academy in Africa, XM Trading Academy, began cryptocurrency trading in 2018 in a most inspiring circumstances,...

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FCMB Group Launches Second Public Offer in Ambitious Race to Raise N500 Billion for Recapitalisation
FCMB Group Sets Sights on Expanding Capital Raise to N340 Billion During a strategic meeting held in December, First City Monument Bank (FCMB) Group secured...

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Opinion
1 month ago1 month ago

FCMB Group Sets Sights on Expanding Capital Raise to N340 Billion During a strategic meeting held in December, First City Monument Bank (FCMB) Group secured approval to significantly boost its initial capital raising target. The group is now authorized to increase its fundraising goal from the original N150 billion to an ambitious N340 billion. Accelerating...

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Naira Holds Strong at ₦1,535 as Forex Reserves Climb, Ending the Week on a Steady Note
Naira Holds Firm at N1,535 Amid Strengthening Foreign Exchange Reserves At the close of the week, the Nigerian naira remained stable, trading at N1,535 per...

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Opinion
1 month ago1 month ago

Naira Holds Firm at N1,535 Amid Strengthening Foreign Exchange Reserves At the close of the week, the Nigerian naira remained stable, trading at N1,535 per US dollar in the official foreign exchange market. This steadiness reflects the positive impact of increasing foreign exchange reserves, which have bolstered market confidence and liquidity. Impact of Growing FX...

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GTCO plans secondary listing on London Stock Exchange
GTCO is set to expand its global footprint with a secondary listing on the London Stock Exchange. This strategic move aims to boost international investor...

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Business Updates
3 months ago3 months ago

In a bold move that signals its ambitions on the global stage, GTCO is set to pursue a secondary listing on the London Stock Exchange. As the Nigerian tech powerhouse expands its footprint beyond local borders, this strategic step not only promises to elevate its visibility among international investors but also underscores the growing significance...

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Bank recapitalisation: Strengthening Nigeria’s financial system for a trillion-dollar economy
Bank recapitalisation is key to fortifying Nigeria's financial backbone, paving the way for a robust banking sector that can support a trillion-dollar economy and fuel...

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Business Updates, Gossip, Lifestyle, News & Gossips
3 months ago3 months ago

In the dynamic landscape of global finance, the quest for robust and resilient banking systems is more critical than ever-especially for emerging economies poised on the brink of transformative growth. Nigeria, Africa’s largest economy, stands at such a crossroads, envisioning a future where it ascends to the coveted trillion-dollar mark. Central to this ambitious trajectory...

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