The financial services sector took the lead in trading activities on the equity market of the Nigerian Exchange Ltd. (NGX) during the week, as investors engaged in transactions totalling 1.6 billion shares valued at N36.50 billion across 42,546 deals. According to the NGX weekly market report, this week’s turnover contrasted with the previous week’s figures Read More…
Capital Market
Microsoft briefly surpasses Apple in market valuation amid AI dominance
In a significant turn of events, Microsoft briefly overtook Apple) as the world’s most valuable company on Thursday for the first time since 2021. This shift occurred as concerns over demand impacted Apple’s shares at the start of the year. D.A. Davidson analyst Gil Luria highlighted the inevitability of Microsoft surpassing Apple, noting, “It was Read More…
VP Kashim Shettima urges West African capital markets to combat Ponzi schemes with digital products
The Vice President, Sen. Kashim Shettima, has issued a call to action for West African capital markets to embrace digital products as a means to deter the youth from falling victim to Ponzi schemes. He made this appeal during the opening ceremony of the third West Africa Capital Market Conference (WACMaC) held under the theme Read More…