Browsing Tag
Stock Market
23 posts
Nigerian Exchange suffers N1.005 trillion valuation drop
The Nigerian stock market recorded a massive N1.005 trillion loss on Thursday, continuing its downward trend as 44 stocks declined amid increased trading volume.
Femi Otedola Increases FirstHoldco Stake to 26% Following N222 Billion Share Purchase
First HoldCo Chairman Femi Otedola has boosted his ownership in the company to 26 percent after a N222 billion share acquisition.
Femi Otedola Increases Stake in First HoldCo to 26% Following N222 Billion Purchase
Femi Otedola has expanded his interest in First HoldCo Plc to 26% after acquiring shares worth N222.2 billion, reinforcing his status as the primary individual investor.
NGX experiences N648bn slump as previous gains vanish
The Nigerian stock market dropped on Wednesday, with investors shedding N648 billion in value, offsetting the gains observed in the previous session.
Global Semiconductor Stocks Slide Amid Waning AI Investor Confidence
Semiconductor shares in the US and Asia plummeted as investor skepticism surrounding artificial intelligence projects deepened, causing Nvidia to lose its position as the world's most valuable company to Apple.
Nigerian Equities Decline by N76 Billion in Monday Trading Session
Investors saw a N76 billion reduction in market value on Monday as profit-taking triggered a decline in the Nigerian stock exchange.
Nigerian stock market gains N2.5 trillion as blue-chip stocks rally
Blue-chip stocks drove a N2.5 trillion increase in Nigerian market capitalisation last week, supported by strong institutional interest and positive corporate developments.
Alphabet and Tesla Stock Prices Decline Amid Market Concern Over AI Costs
Google parent Alphabet and Tesla saw share prices tumble after reporting negative free cash flow driven by massive investments in artificial intelligence infrastructure.
Femi Otedola Increases First HoldCo Stake to 21.96 Percent in N77.6 Billion Deal
Chairman Femi Otedola has expanded his interest in First HoldCo Plc to 21.96 percent after purchasing over 700 million additional shares.
Tantalizers Investors Applaud Company’s Return to Profit
Tantalizers Plc shareholders have praised the company's return to profitability in 2025, citing improved operational performance and strong financial management under the current board.