The Nigerian stock market on Wednesday closed higher as the All Share Index rose by 0.87% to close at 108,609.51 points from the previous close of 107,670.98 points. The Market Capitalisation appreciated by 0.75% to close at N67.684 trillion from the previous close of N67.179 trillion, thereby adding N505 billion. An aggregate of 343.7 million units of […]
The Dangote Refinery has announced a reduction in the cost of its diesel, lowering the gantry price from N1,075 per litre to N1,020 per litre. Additionally, the company has cut its ex-depot price for petrol from N950 per litre to N890 per litre. According to the company, this price reduction is part of its ongoing efforts to[…]
It looks like the Nigerian stock market had a bullish week, with notable gains in key stocks like UPDC, PRESCO, and MTN Nigeria, driving the All Share Index up by 1.38%. Here are some key takeaways: Market Highlights: Top Gainers: Top Losers: The strong market performance was driven by increased investor confidence, particularly in UPDC and PRESCO.[…]