Wednesday, May 6, 2026
Markets
JUST IN: Naira falls to N700/$1 at the black market
The value of the naira crashed further on Wednesday as the exchange rate between the naira and the US dollar...
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CAP Plc posts 78% YoY growth in Profit After Tax in H1 2022
Chemical and Allied Products Plc (NGX: CAP), Nigeria's leading paints and coatings company, has posted an impressive financial results for...
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BUA Cement moves to increase cement production in it’s Sokoto plant
Bua Cement Plc (NGX: BUACEMENT) has gone into discussion with the International Finance Corporation (IFC), serving as lead arranger in...
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NGX-ASI records a 1.11% loss… As bearish sentiment persist
(Greenwich Merchant Bank): The Local bourse started the week with a loss of 1.11% as the NGX-ASI and market capitalisation...
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Local bourse continued it decline… As market breadth stood at 0.5x
(Greenwich Merchant Bank): The impact of the rise in interest rate persisted in local bourse as the NGX-ASI and Market...
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Energy gaint Uniper gets $15bn bailout from the German Government
Struggling German Energy gaint Uniper (UN01.DE) has been handed a $15 billion bailout by the German Government on Friday. The bailout...
Read moreNGX-ASI marks its third consecutive loss… As Year-to-Date declines to 22.02%
(Greenwich Merchant Bank): The Nigerian equities market recorded its third loss in a row as the NGX-ASI and market capitalisation...
Read moreNGX-ASI records another loss…As losers outweighed gainers
(Greenwich Merchant Bank): The domestic bourse continued its decline as losses in the share price of NAHCO (10.00%), NB (6.13%),...
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MTN Nigeria to register N200 billion ‘follow-on’ bond issuance programme
MTN Nigeria Communications Plc (NGX: MTNN) says it has applied to the Securities and Exchange Commission (SEC) with regards to...
Read moreNGX-ASI declines by 0.02; bringing Year-to-Date down to 22.46%
(Greenwich Merchant Bank): The Nigerian equities market fell by 0.02% as the NGX-ASI and market capitalisation declined to settle at...
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