DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Tekedia Forum

Tekedia Forum

Forum Navigation
Please or Register to create posts and topics.

What is happening on the Nigerian Stock Exchange?

What is happening on the Nigerian Stock Exchange? I mean why are the big banks losing market caps after their recent parties of record profits? First Bank Holdings, UBA, GTBank, Access and Zenith are seeing red. As that is happening, some FMCGs are not spared with Northern Nigeria Flourmills, Champion Breweries, Honeywell Flour Mill and Dangote Sugar Refinery making shareholders poorer. Indeed, the whole board is bleeding. Any other explanation apart from Naira losing value?

The low treasury bill yields have pushed money into the stock market, pushing it to outperform, relatively. Are investors expecting the government to change course?

/photo credit: nairametrics

Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.

Tekedia AI in Business Masterclass opens registrations here.

Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.

Uploaded files: