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CATEGORY

Stocks

Equities Market Extends Losses, Sheds N137bn

The Nigerian equities market extended its bearish run on Monday, with market capitalisation shedding N137 billion amid profit taking in banking and insurance stocks. Market...

VFD Group Converts Revenue Growth Into Shareholders’ Returns as Earnings Surge

VFD Group Plc, a Principal Investment firm dedicated to building Africa's ecosystem value chain, is able to grow its profit at a much faster...

Stanbic IBTC ETF 30 Declares ₦3.07 Interim Cash Distribution to Unitholders

Fund manager Stanbic IBTC Asset Management Limited has announced an interim dividend distribution of ₦3.07 per unit for unitholders of the Stanbic IBTC ETF...

Haaland Shatters Shearer’s 100-Goal Mark, Setting New Global Benchmark for Goal-Scoring

Erling Haaland made Premier League history Tuesday by becoming the fastest player to score 100 goals. After breaking Alan Shearer’s record, the Manchester City forward...

US Dollar Rises After Hamas Attack in Israel

The US dollar strengthened against most of its major peers from the Asian open as currency traders got their first chance to react to...

Asian Stocks Set For Worst Quarter Rally

Asian stocks looked set to post the biggest quarterly decline in a year, while oil’s rally faltered and Treasury yields fell. An Asia equity gauge...

JPMorgan To Include Indian Bonds To Its Emerging Markets Index

JPMorgan Chase & Co. will be including Indian government bonds (IGBs) into its benchmark Emerging Market index, starting June 28, 2024. "India is expected to...

Arm Climbs 19% in Nasdaq Debut After Pricing IPO at $51 a Share

Arm Holdings the chip design company controlled by SoftBank jumped nearly 20% during intraday trading on Thursday after selling shares at $51 a piece...

NGX Sustains Bearish Trend With 0.8% Loss

Tuesday’s trading on the Nigerian equities market continued on the bearish path of Monday as the benchmark indices declined by 0.8%. The all-share index depreciated...

Asian Stocks Weaken on Fallen Chinese Property Sector

SYDNEY (Reuters) - Asia stock markets weakened on Monday as investors in China sold off shares in property developers, remaining unconvinced by authorities' efforts...

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