Commodities
NGX Witnesses Bullish Trends with 3.08% Surge in All-Share Index
Equities trading on the Nigerian Exchange Limited (NGX) concluded November on a positive note, showcasing a remarkable surge in investor...
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OPEC+ Voluntary Cuts Raise Potential for $100 Oil in 2024
Global oil prices are anticipated to rise in the upcoming year following voluntary output cuts announced by some OPEC+ members....
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FMDQ Exchange Records N21.70 Trillion Secondary Market Turnover in October
In its monthly report for October, FMDQ Exchange has disclosed a secondary market turnover of N21.70 trillion. While this figure...
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NGX Witnesses Take-Profit Phase with 0.44% Dip in All-Share Index
The Nigerian Exchange (NGX) experienced a notable downturn, signaling the commencement of a take-profit phase, as the All-Share Index depreciated...
Read moreOil Prices Waver Near $80 as OPEC+ Meeting Looms and Supply Concerns Persist
Oil prices experienced a dip on Monday, with the Brent benchmark hovering close to $80 a barrel, setting the stage...
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Gold Prices Hit $2,000 Mark as Markets Assess Federal Reserve Rate Outlook
Gold prices found some stability in Asian trading on Wednesday, holding steady after briefly reaching key highs. The initial surge...
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Rice price skyrockets as local production declines in Nigeria
A recent report from the AFEX Wet Season Crop Production Report for 2023 has highlighted a significant surge in rice...
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Alibaba Loses $20 Billion in Market Cap as Cloud Spinoff Plan Is Shelved
Chinese e-commerce juggernaut Alibaba faced a substantial setback as it witnessed a staggering $20 billion erosion in market capitalization following...
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NGX Experiences Surge in Market Capitalization with New Listings
In a recent announcement, the Nigerian Exchange Limited (NGX) revealed that new listings have played a pivotal role in contributing...
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FG 2053 Bond Records $364 million Subscription as Investors Seek Record Yields
In a robust display of investor appetite, Nigeria's Debt Management Office witnessed an oversubscription of more than three times for...
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Popular Story
JP Morgan and Absa Eye Nigerian Merchant Banking Licences as Reserves Reach $55 Billion
Naira Weakens to N1,332.10 at Official Window as Parallel Market Holds Steady
Farming Can Improve Mental Health
World Bank: Naira Shows Greater Resilience Than Many African Currencies
CBN estimates that over 2 trillion naira in cash will be returned to banks.
