Category : Search result: stock market crash

Global Stocks Wobble as Fed Rate Cut Doubts, Tech Fears Mount

Stocks Struggle on US Rates, Tech Rally Fears

Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.

US Jury Orders Boeing to Pay $28.45 Million to Family of Ethiopian Airlines Crash Victim

Boeing to Pay $28.45M to Victim's Family in 737 MAX Crash

A US jury has ordered Boeing to pay $28.45 million to the family of an Indian victim of the 2019 Ethiopian Airlines crash. This is the first civil trial verdict over the fatal Boeing 737 MAX crashes. Read the full details.

Naira Surges: British Pound Crashes Below N2,000 in Nigerian Markets

Naira Gains as Pound Sterling Falls Below N2,000 Mark

Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.

Elon Musk's Net Worth Skyrockets as Tesla Approves Massive $1 Trillion Compensation Package | Legit.ng

Elon Musk's $1 Trillion Tesla Package Approved

Tesla shareholders have approved Elon Musk's historic compensation package worth nearly $1 trillion, causing the billionaire's net worth to surge dramatically. Discover how this decision impacts Musk's wealth and Tesla's future.

Nigerian Stock Market Plunges: Investors Lose Billions as Economic Worries Intensify

Nigerian Stock Market Plunges Amid Economic Worries

Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.

Presco Plots Major Expansion with ₦23.7 Billion Rights Issue to Boost Production Capacity

Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

AstraZeneca Profit Soars as Business Expands Globally | Nigerian Business Update

AstraZeneca Profit Soars with 19% Revenue Growth

British-Swedish pharmaceutical giant AstraZeneca reports massive profit jump with 19% revenue growth. Discover how emerging markets and cancer drugs drove this impressive performance.

Neimeth International Pharmaceuticals Soars: 120% Operating Profit Surge Driven by Strategic Expansion

Neimeth Pharmaceuticals Profit Soars 120%

Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.

Benue Traders Take Drastic Action: Modern Market Shut Down Over Rampant Car Theft Crisis

Benue Market Shut Over Rampant Car Theft

Frustrated traders at Benue Modern Market have closed shop indefinitely following repeated vehicle thefts, demanding immediate government intervention and enhanced security measures.

Naira Takes Another Dive: Nigerian Currency Loses Ground Against US Dollar in Fresh Exchange Rate Setback

Naira Falls Again: Loses Ground Against US Dollar

The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.

Nigerian Stock Market Crisis: Investors Lose ₦1.3 Trillion in Single Day Amid Growing Anxiety

Nigeria Stock Crisis: ₦1.3Trn Lost in Day

Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.

BMW Shocks Market with Profit Surge: Shares Rocket as Premium Cars Drive Record Earnings

BMW Reports Profit Surge, Shares Jump 5.5%

German luxury automaker BMW reports unexpected profit jump, sending shares soaring by 5.5% as premium vehicle sales defy economic challenges. Full-year outlook remains strong despite market volatility.

Asian Markets Crash: Tech Stock Bubble Fears Trigger Massive Sell-Off | Legit.ng

Asian Markets Crash Amid Tech Bubble Fears

Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.

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