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MayDANGOTE REFINERY CONSIDER DUAL LISTING
Dangote Refinery, Nigeria’s crown jewel in the energy sector, is revving up for a groundbreaking move. A dual listing on both the London and Lagos stock exchanges. This ambitious decision, as a senior executive reveals, underscores the grand vision of Africa’s wealthiest individual, Aliko Dangote, who spearheaded the refinery’s creation. […]
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MayEQUITY MARKET EXPERIENCE A MAJOR DECLINE IN THE MONTH OF APRIL
The Nigerian Exchange Limited (NGX) reported that the total transactions in Nigeria’s equity market decreased by 36% in April, amounting to N346.23 billion. This decline, from N538.54 billion in March, is indicative of cautious investor sentiment due to ongoing market volatility. The NGX All-Share Index notably plummeted by N3.57 trillion[…]
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MayIS CASH KING IN A HIGH INFLATED ECONOMY
Inflation refers to the sustained increase in the general price level of goods and services in an economy over a period of time. The consistency of the general price level can wreak havoc on personal finances and the broader economy. Nigeria’s economy, faced with soaring inflation rates, challenges the conventional[…]
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MayTHE NIGERIAN STOCK EXCHANGE MARKET REVIEW
THE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR MAY 20th – 24th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 1.986 billion shares worth N40.715 billion in 38,487 deals. This represents a decrease in value compared to the previous week, where[…]
