Market

Nigerian Equities Market Opens Week Higher Despite Negative Breadth

The Nigerian equities market (NGX) opened the new trading week on a positive note, with the benchmark index and market capitalisation advancing despite a broader decline in individual stocks.

5 Big Market Stories You Need to Know This Week

CBN Holds at 26.5%, rates remain unchanged as food inflation hits 17.52%. Banking index jumps 9.30%, led by First HoldCo’s 38.7% surge. BUA Cement drops 9.99%, dragging down industrial stocks. Wall Street gains on trading; consumer credit reports...
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Latest News

Tinubu Flags Off $3.5bn Bakassi Deep Seaport, Targets Lagos Port Congestion

The President, Bola Ahmed Tinubu has flagged off the construction of the $3.5 billion Bakassi Deep Seaport in Cross River State, describing the project as a strategic investment that will reduce pressure on Lagos ports and reposition Nigeria’s maritime industry.
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