Business

Livestock Feeds Surges 47.8% in One Week to Lead NGX Gainers

Livestock Feeds Surges 47.8% in One Week to Lead NGX Gainers

Livestock Feeds Plc emerged as the best-performing stock on the Nigerian Exchange Limited (NGX) last week after its share price…
NGX Rally Loses Momentum as 54 Stocks Fall, Banking Drops 2.6% Last Week

NGX Rally Loses Momentum as 54 Stocks Fall, Banking Drops 2.6% Last Week

The rally that has lifted Nigerian equities by almost 60 percent this year showed further signs of losing momentum last…
Oil and Gas Stocks Lead NGX Sector Selloff With 3.85% Weekly Decline

Oil and Gas Stocks Lead NGX Sector Selloff With 3.85% Weekly Decline

Oil and gas stocks recorded the steepest sector decline on the Nigerian Exchange Limited (NGX) last week with the NGX…
CMFC Gives Back 74% of Previous Week’s Gain as Stock Plunges 20.3%

CMFC Gives Back 74% of Previous Week’s Gain as Stock Plunges 20.3%

Critical Minerals Financing Corporation Plc (CMFC) reversed much of its previous week’s rally on the Nigerian Exchange Limited (NGX), falling…
Nigeria’s N1,350 Petrol Price Plan Shifts Fuel Cost Burden to Dangote Refinery, Importers

Nigeria’s N1,350 Petrol Price Plan Shifts Fuel Cost Burden to Dangote Refinery, Importers

Nigeria’s proposed N1,350-per-litre petrol cost ceiling could transfer part of the financial burden of rising international fuel prices to domestic…
NNPC Suspends Petrol Profit Margin for 30 Days to Ease Fuel Costs

NNPC Suspends Petrol Profit Margin for 30 Days to Ease Fuel Costs

The Nigerian National Petroleum Company Limited (NNPC) has agreed to suspend its profit margin on retail petrol sales for 30…
Oil Prices Fall as Trump Rules Out Iran Strikes Before US Elections

Oil Prices Fall as Trump Rules Out Iran Strikes Before US Elections

Oil prices declined on Friday as easing fears of an immediate United States military attack on Iran reduced the geopolitical…
Moove Exits Home Market as Ride-Hailing Financing Model Faces Pressure

Moove Exits Home Market as Ride-Hailing Financing Model Faces Pressure

Moove’s decision to withdraw from Nigeria has exposed a significant weakness in the business model used by mobility financing companies,…
Learn Africa Rebounds 8.9% to N9.15 After Previous Week’s Selloff

Learn Africa Rebounds 8.9% to N9.15 After Previous Week’s Selloff

Learn Africa Plc staged a strong rebound on the Nigerian Exchange Limited (NGX) on Thursday as its share price climbed…
E-Tranzact Jumps 10% to N12.10 to Lead NGX Equity Gainers

E-Tranzact Jumps 10% to N12.10 to Lead NGX Equity Gainers

E-Tranzact International Plc rebounded strongly on the Nigerian Exchange Limited (NGX) on Thursday gaining the maximum 10 percent to lead…
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