NGX trading activity drops 16.07% in february as foreign investors exit
The Nigerian Exchange Limited experienced a sharp decline in trading activity in February 2025, with total transactions dropping by 16.07% to N509.47…
Business
South Korea’s Hyundai to unveil $20b US investment
Hyundai is set to announce a $20 billion investment in United States onshoring, which includes a $5 billion steel plant in Louisiana,…
SEC reaffirms commitment to protecting investors
The Securities and Exchange Commission has reiterated its commitment to protecting investors in Nigeria’s capital market by cracking down on fraudulent activities.…
NGO slams MultiChoice over ‘exploitative’ DStv, GOtv price hike
A Non-Governmental Organisation, Save the Consumers, has strongly condemned the recent 2 per cent price hike implemented by MultiChoice Nigeria on its…
NGX all-share index drops 992 points, closes week in red
The Nigerian All-Share Index ended the week of March 21, 2025, in decline, shedding 992.17 points as the premium index and all…
Baobab Nigeria disburses N500bn in loans to support MSMEs
Baobab Nigeria, a microfinance bank, has disbursed close to N500 billion in loans to micro, small, and medium-sized enterprises, reaffirming its commitment…
NGX market cap falls to N65.8tn
The Nigerian Exchange saw a decrease in market capitalization after the end of trading on Thursday, as the All-Share Index dropped marginally…
Global Gas condemns Shell’s completion of sale to Renaissance
Global Gas and Refining Limited has criticized the Sale and Purchase Agreement between the Renaissance consortium and Shell Petroleum Development Company, calling…
US state considers corporate law overhaul after Musk, others exit
Elon Musk’s response to the Delaware court ruling on his $56 billion pay package has sparked a broader debate on corporate governance.…
Man Utd unveils plans for UK’s largest stadium despite £1bn debt
Manchester United has unveiled plans for a new 100,000-seat stadium, set to become the largest in the UK, surpassing Wembley Stadium’s 90,000…
Equities rise as traders weigh Trump’s second coming
Major stock markets mostly rose Thursday following Donald Trump’s election win that is set to see the returning president unveil United…
Nissan cuts 9,000 jobs, slashes sales forecast
Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures…