Tribute to Jide Ogundele, Guardian Business Reporter
A tribute to Jide Ogundele, the resourceful Guardian journalist who guided colleagues into Nigeria's privatization-era stock market. Read his impactful story.
Category : Search result: stock market crash
Air India Crash Sole Survivor Speaks on Trauma, Loss
Viswashkumar Ramesh, the only survivor of the Air India crash that killed 241, details his escape, PTSD, and struggle to reconnect with family in a new BBC interview. Read his heartbreaking story.
NASCAR Driver Greg Biffle, Family Die in Plane Crash
Tragic details emerge as Cristina Biffle texted her mother moments before the crash that killed her, NASCAR driver Greg Biffle, their two children, and three others. Read the heartbreaking story.
Conoil Pays ₦2.43bn Dividend to Shareholders for 2024
Conoil Plc announces a massive ₦2.428 billion dividend payout for 2024, rewarding shareholders with 350 kobo per share. Discover how the company achieved 60.5% revenue growth amidst Nigeria's economic challenges.
Air India Crash: Victim Families, Survivor Get Compensation
Following the 2025 Air India Boeing 787 crash, interim compensation has been paid to the lone survivor, victims' families, and ground survivors. Total liabilities reach hundreds of millions of dollars. Read the full report.
Fidson Healthcare Plans N21 Billion Capital Raise
Fidson Healthcare Plc announces a N21 billion rights issue to boost manufacturing and African expansion. The offer is priced at N35 per share for existing shareholders. Read more.
Yam thief caught at Zaki Biam market, traders warn against mob action
A man from Plateau State was caught allegedly trying to steal yams at Zaki Biam Yam Market in Benue. Traders restrained him and called for security intervention, avoiding mob justice. Read the full story.
Otedola Acquires N14.8bn First HoldCo Shares, Stake Hits 18%
Billionaire Femi Otedola consolidates control of First HoldCo, buying N14.8bn shares to raise his ownership stake above 18%. Discover the details of this strategic move.
Greg Biffle, Family Die in Plane Crash
Retired NASCAR driver Greg Biffle, his wife Cristina, and their two children tragically died in a plane crash in North Carolina. Read the full story and tributes.
Lady's Viral Encounter Exposes Fake Prophet in Lagos Market
A Nigerian lady's hilarious encounter with a fake prophet at Tejuosho Market goes viral. She shut down his false prophecy about her late father, sparking reactions and similar stories online.
Smartphone Prices Crash as Naira Stabilises, Shipments Grow
Nigeria's smartphone market rebounds as naira stability lowers prices for iPhone, Samsung, Tecno, and others. Shipments rise, making Nigeria a bright spot in Africa's tech story. Read more.
Naira Falls at Official, Black Market Amid Thin Dollar Supply
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Nigerian Stock Market Gains N245 Billion
The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.
Traders Fair 2026 in Lagos: Free Registration Open
Lagos prepares for Traders Fair 2026 on April 10. Join top finance experts for seminars on Forex, Stocks, AI, and networking. Free entry at Lagos Continental Hotel.
Naira Rate Gap Widens as Dollar Demand Rises
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
10 Dead in Mexico Plane Crash, 3 Children Among Victims
A private plane crash near Toluca Airport, Mexico, kills 10, including 3 children. The pilot reported engine failure before attempting an emergency landing on a football field. Read the full report.
Fuel Depot Prices Crash 14% After Dangote Rate Cut
Petrol prices at Lagos depots have plunged by 14% to N710 per litre following Dangote Refinery's aggressive price slash, sparking a rush by marketers. Discover the market realignment.
Nigerian Air Force Jet Crashes, Pilots Survive
A Nigerian Air Force Alpha Jet crashed in Niger State on December 6. Reports indicate both pilots survived after ejecting. The military has yet to issue an official statement. Read the latest details.
Nigerian Equities Market Gains N997bn in Week
The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.
Naira Falls as CBN Releases New FX Rate, Gap Widens
The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.
Leaders Call for Transparent, Efficient Capital Market in Nigeria
At the PEARL Awards 30th anniversary, leaders like Udoma Udo Udoma and Governor Peter Mbah emphasized transparency and innovation in Nigeria's capital market as key to sustainable growth and infrastructure development. Discover the insights.
Asian markets cautious ahead of US data, Fed rate call
Asian markets closed the week with mixed results as investors await key US inflation data and the Federal Reserve's interest rate decision next week. Get the latest market analysis and figures.
Asian Markets Struggle to Hold Fed-Inspired Rally
Asian markets lost early gains despite strong Fed rate cut bets. Tokyo rose, but Hong Kong, Shanghai, and Seoul fell. Get the latest on global market volatility.
Enugu Auto Crash: Many Feared Dead in Multi-Vehicle Pileup
A horrific multi-vehicle crash involving trailers, buses, and cars on the Enugu-Port Harcourt highway near Gariki Market has resulted in significant casualties. Read the full report on the tragic incident and rescue efforts.
Fire guts Abuja wood market, destroys property worth millions
A devastating fire swept through Abuja's Jabi wood market, destroying shops and goods worth millions of naira. Firefighters contained the blaze with no casualties reported. Traders appeal for government aid.
Major Fire Guts Jabi Wood Market in Abuja
A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.
Nigeria Stock Market Gains N1.29trn, ASI Rises 1.20%
The Nigerian Exchange closed positive on Tuesday, December 2, 2025, with investors gaining over N1.29 trillion. The All-Share Index rose by 1.20%. Read the full market analysis.
Naira Weakens Against Dollar in Official, Black Markets
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
SEC Nigeria's Reforms Fuel Historic Market Growth
The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.
Stock Market May Reach N262 Trillion in 2026
Bismarck Rewane predicts Nigerian stock market capitalization could surge to N262 trillion next year, driven by major listings like Dangote Refinery and NNPC. Discover the growth trajectory.
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