Nigerian Top 5 Banks Market Value Hits N7.8trn or $5.2bn

Oil Prices Rise on Increase Threats of U.S Protectionist Policy: Oil prices rose as fears of escalating trade war persist in the global commodity market, driven by increase threats of U.S protectionist policy.? The market reacted negatively to U.S government plan to increase tariffs on steel and aluminum. Read more

Nigerian Top 5 Banks Market Value Hits N7.8trn or $5.2bn:?Amidst ongoing recapitalisation in the banking sector, the Nigerian top five (5) banks have gained significant weight on the Nigerian Exchange (NGX) amidst valuation…Read more

Investors Ramp Up Nigerian Bonds Amidst Policy Shift Expectation:?The Nigerian bonds yield retraced in the secondary market on booming investors’ appetite ahead of February auction, inflation…Read more

Nigerian Stocks Foreign Investors Bought in Equities Market:?Foreign investors made strategic bets on some Nigerian stocks with strong fundamentals and upside potentials.? Zenith bank, Fidelity bank, Stanbic IBTC and others were among the stock that attracted offshore?…Read more

Money Market Rates Tighten as Banks Borrow N4.7Trn from CBN:?Money market rates increased by at least 3% apiece as banking system faced closed with a huge liquidity deficit.? Funding pressure was loud in the money…Read more

VFD Group Divests Interest in Atiat Limited for N7 billion:?VFD Group Plc has announced a full divestment of its interest in Atiat Limited in a deal valued at over N7 billion following a board approval. In a statement, the diversified investment company told the Nigerian Exchange that …?Read more

FBN Holdings Spikes as Investors Price in Impressive Earnings:?FBN Holdings Plc climbed by more than 10% in the equities segment of the Nigerian Exchange, NGX, over a fresh rally that lasted for 4 out of five trading sessions last week. According to trading data from the NGX platform…?Read more

Access CALM Fund to Convert Vehicles to CNG – FG Urges Nigerians:?The Presidential Compressed Natural Gas Initiative (P-CNGi), has urged Nigerians to explore the Credit Access for Light and Mobility (CALM) fund to obtain affordable loans to convert petrol cars to CNG.?Read more

Zenith Bank Hits 52-Week High in Fresh Rally Ahead of Earnings:?Zenith Bank Plc blazed through in the equities market as investors took positions in anticipation of strong earnings results following a successful capital boost ahead of recapitalisation deadline.?Read more

Fidelity Bank Shareholders Wealth Rises by 125% Ahead of Next Capital Raise: Fidelity Bank Plc market value climbed as investors reacted positively to the financial institution’s capital raising programme announcements. Already, new shareholders that picked the bank public offer has gained more than 133% …?Read more

Dangote Cement Price Slump Presents 69% Upside Potential – Analysts:?Dangote Cement Plc is estimated to have strong instinct value that could see the company stock rising by 69% above its market price. In successive selloffs, the cement stock has lost weight …Read more

Nigerian Banking Titans, Others with Dividend Track Records: Nigerian banking titans, non-bank financial services companies, and others that have maintained dividend payments over the last five years have been recommended for investors’ picks in 2025…?Read more

SEC Sensitises States to Capital Market Opportunities:?The Securities and Exchange Commission (SEC) says it will begin sensitisation in states to help governments understand the opportunities in the capital market. A circular by SEC in Abuja on Sunday said that its Director-General, Dr Emomotimi Agama…?Read more

Nigerian Stock Market Grows by N884bn to N65.59Trn:?Nigerian stocks grew by about N884 billion to close the week at N65.59 trillion on Friday due to increased interest in some listed companies shares. The equities segment of the Nigerian Exchange ….Read more

Naira Skids for 5-Day over US Dollar Shortage in FX Market: The naira depreciates for five straight trading session in the forex market over tight FX inflows. According to data from the FMDQ platform, exchange rate depreciated by 0.06% to N1,501.61 per US dollar in the official window…?Read more

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