Tag: #FinancialNews
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MIDDLE EAST TENSIONS UNLIKELY TO SHAKE NIGERIA STOCK MARKET — UWALEKE
Despite global unrest, Nigeria’s market remains insulated, with banking, consumer goods, and the upcoming Dangote Refinery listing driving optimism. Prof. Uche Uwaleke, President of the Capital Market Academics of Nigeria (CMAN), says the stock market is likely to remain resilient in Q2 2026 despite the US-Israel-Iran crisis. He told NAN in Abuja that the market’s…
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NIGERIAN STOCK MARKET BOUNCES BACK, GAINS N684BN
After a dip, Nigeria’s stock market rallied on Wednesday, lifting investors’ portfolios and signaling renewed confidence. The Nigerian Exchange Limited saw a major rebound as market capitalisation rose by N684 billion, from N121.552 trillion to N122.236 trillion. The All-Share Index jumped 0.56%, closing at 190,427.96 points, pushing the Year-To-Date return to 22.37%. Stocks like Beta…
