Business

NGX Gains 0.30% as Insurance Stocks Extend Market Rally Despite Lower Turnover

NGX Gains 0.30% as Insurance Stocks Extend Market Rally Despite Lower Turnover

The Nigerian Exchange (NGX) closed higher on Tuesday as investors rotated into insurance stocks while maintaining significant positions in financial…
Brent Oil Climbs Above $87 on Escalating Geopolitical Risks

Brent Oil Climbs Above $87 on Escalating Geopolitical Risks

Global oil prices climbed sharply on Wednesday as renewed geopolitical tensions in the Middle East and a larger-than-expected decline in…
Nigeria Must Accelerate Oil Asset Development to Meet 2030 Production Goal, SPE Says

Nigeria Must Accelerate Oil Asset Development to Meet 2030 Production Goal, SPE Says

Nigeria’s ambition to raise crude oil production to 3 million barrels per day by 2030 will depend on how quickly…
Black Market Dollar to Naira Exchange Rate for Today, Wednesday, July 29, 2026

Black Market Dollar to Naira Exchange Rate for Today, Wednesday, July 29, 2026

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
United Capital Declares 30 Kobo Interim Dividend, Sets July 27 Qualification Date

United Capital Declares 30 Kobo Interim Dividend, Sets July 27 Qualification Date

United Capital Plc has declared an interim dividend of 30 kobo per ordinary share for the six months ended June…
United Capital Grows H1 Profit by 77% to N21.1 Billion, Declares 30 Kobo Interim Dividend

United Capital Grows H1 Profit by 77% to N21.1 Billion, Declares 30 Kobo Interim Dividend

United Capital Plc delivered another strong half-year performance as profit after tax rose by 77 percent to N21.10 billion for…
Black Market Dollar to Naira Exchange Rate for Today, Tuesday, July 28, 2026

Black Market Dollar to Naira Exchange Rate for Today, Tuesday, July 28, 2026

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
NGX Slips Marginally as Banking Stocks Dominate N57.2 Billion Turnover

NGX Slips Marginally as Banking Stocks Dominate N57.2 Billion Turnover

The Nigerian Exchange (NGX) opened the week on a cautious note as the benchmark index edged lower amid selective profit-taking,…
NGX Group Declares N1.30 Interim Dividend for Shareholders

NGX Group Declares N1.30 Interim Dividend for Shareholders

Nigerian Exchange Group Plc (NGX Group) has declared an interim dividend of N1.30 per ordinary share of 50 kobo each…
China’s Weaker Oil Demand Helps Ease Pressure on Global Crude Prices

China’s Weaker Oil Demand Helps Ease Pressure on Global Crude Prices

China’s weakening appetite for crude oil is helping ease pressure on global oil markets by cushioning the impact of supply…
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