Category : Search result: Lagos stock exchange


NGX Gains ₦285BN as Market Stages Impressive Comeback

The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.

Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall

The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.

Asian Markets Rally on Apple, Amazon Earnings

Asian markets surge following impressive earnings from tech giants Apple and Amazon. Get insights on market trends, currency movements, and economic indicators shaping regional economies.

Apple Beats Earnings Forecasts with Strong Sales

Apple continues to dominate the tech world with better-than-expected earnings, driven by strong iPhone sales and growing services revenue. Discover how the tech giant is beating market predictions.

Amazon Shares Surge as AI Boom Drives Cloud Growth

Amazon's stock surges to record highs as artificial intelligence revolution drives unprecedented growth in AWS cloud services, creating massive opportunities for Nigerian tech investors and businesses.

Stellantis Shares Fall Despite Sales Growth

Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.

Nigeria's Economy Improving, Nearing Stability - IWG

Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.

Naira Soars to 10-Month High Against Dollar

The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.

Asia Markets Watch Trump-Xi G20 Meeting

Asian stock markets showed cautious trading as investors await the crucial meeting between US President Donald Trump and Chinese President Xi Jinping at the G20 summit. Get the latest analysis on market movements and economic implications.

FMCG Stocks Surge 200% in Nigerian Market Rally

Nigeria's FMCG sector experiences massive recovery as leading stocks deliver unprecedented returns, with some companies posting over 200% growth amid improved market conditions.

Samsung Profits Jump 32% in Q1 2024

Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.

Meta Stock Plummets After ₦2.4 Trillion Tax Hit

Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.

Naira Surges: Dollar Crashes to 2025 Low

BREAKING: Nigerian Naira stages dramatic recovery against US Dollar in forex markets. Expert analysis reveals what's driving this unexpected turnaround and what it means for your money.

South Korea Gifts Trump Ancient Golden Crown Replica

In a remarkable diplomatic move, South Korea has gifted former US President Donald Trump an exquisite replica of an ancient golden crown from the Silla Kingdom, showcasing cultural diplomacy at its finest.

Asian Markets Join Wall Street's Record Tech Rally

Asian stock markets joined Wall Street's record-breaking rally as technology shares continue their impressive bull run. Discover which markets and tech giants are driving this global surge.

NGX Loses N91bn as Investors Cash Out

The Nigerian Exchange witnessed significant profit-taking activities this week, resulting in a staggering N91 billion decline in market capitalization amid mixed trading sessions.

NB Hits ₦1.04 Trillion Revenue in 9 Months

Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.

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