News and analysis from Nigeria’s equities market
NGX loses N672 billion as MTN, BUA lead selloffs
Dangote Cement reports N455.6 billion profit despite incurring N164 billion in FX Losses.
MTN Nigeria incurs N740 billion in forex losses, shareholders funds wiped out
Lafarge Africa reports N51.1 billion profits despite incurring N21 billion in FX losses
BUA Cement 2023 profit declines 31% to N69.45 billon due to FX losses
GTB, UBA lead stock market rebound as investors reassess MPR outcomes
The continuous hike in MPR: Implications for the stock market
Market rebounds as N390 billion recovery wipes out bearish sentiment on NGX
Seplat Energy reports 83% growth in 2023 PAT
Uber CEO granted $136 million in shares after surpassing $120 billion valuation target
Equity investors lose N700 billion, a day after MPC interest rate hike