Markets

New NGX, PenCom index deepens PFAs’ equity market participation

Business a.m The collaboration between the Nigerian Exchange (NGX) and National Pension Commission (PenCom), which resulted in the launch of…

NGX’s ASI surges 6.54% in 2024 start continuing 2023 stellar close

Onome Amuge In early 2024, the Nigerian Exchange Limited (NGX) index continued to show strength, posting gains and closing out…

Naira woe continues in 2024, lists in 2023 world’s worst currencies

Business a.m A recent Bloomberg report on the global currency market has shown that the Nigerian naira has been one…

Records fall as NGX sees 45.9% YtD gain in headwinds defiance

High-profile billionaire-associated companies contribute to market performance  Otedola, Rabiu, Elumelu, Dangote in frame In a stunning show of resilience, the…

Analysts upbeat on Nollywood’s retail, large investors’ attraction 

Seen to bring in younger generation Nigerian entertainment to reach $14.8bn in 2025 Temi Popoola, managing director and chief executive…

Nigeria’s SEC, IFSB to host high-level conference on Islamic capital markets

Business a.m The Securities and Exchange Commission (SEC) and the Islamic Financial Services Board (IFSB) are set to convene a…