Binance Seeks New Route To EU Licence After Regulatory Setback
Binance says it remains committed to Europe despite failing to secure approval under the EU’s new regime.
Markets
NSITF, South Africa’s RMA Partner To Strengthen Social Protection Systems
Nigeria and South Africa deepen cooperation to improve workers’ compensation, workplace safety and social insurance administration.
Tinubu Calls For End To Exploitation Of Africa’s Minerals
Tinubu urges African nations to add value locally and stop exporting critical minerals without beneficiation.
Sokoto High Court Imposes Death Penalty On Three Including Foreigner Arrested By DSS.
A Sokoto High Court has sentenced three terrorism convicts to death and ordered forfeiture of crime proceeds.
MAN Warns N1.92tn Credit Decline Derailing Nigeria’s Manufacturing Growth
MAN warns shrinking credit access threatens industrial growth and undermines implementation of Nigeria’s manufacturing policy.
Dangote Refinery Dismisses Fuel Re-Import Claims, Calls Allegations ‘A Web Of Falsehoods’
Dangote Refinery rejects fuel re-import allegations, insisting claims lack commercial logic and contradict its business objectives.
Nigeria’s online source for up-to-date information on what the stock markets are doing today. ARISE News brings you world stock market coverage along with breaking news, data analysis and comment. Whether you are at home or overseas you can rely on our coverage.
Commodities and Futures
The last couple of years have seen several agricultural products rise in importance in the Nigerian economy and cocoa beans, sesame, cashew and rice are all ones to watch this year. As well as the traditional oil. Experts will also be keeping a keen eye on the growing rise in fertillizers.
NPA, Security Agencies Agree Task Force To End Jurisdictional Clashes, Extortion On Apapa–Tincan Port Access Roads
NPA and security agencies agree task force to curb extortion, resolve overlaps, improve Lagos port corridor efficiency.
Senate Approves Constitutional Amendment Bill To Create State Police
Senate approves constitutional amendment bill establishing state police, targeting improved security coordination and faster response to threats across Nigeria.
Femi Pedro Assumes Office As Nigeria’s High Commissioner To Australia, Pledges Stronger Trade, Diaspora Ties
Former Lagos deputy governor Femi Pedro has assumed office as Nigeria’s High Commissioner to Australia, pledging stronger trade, investment and diaspora engagement.
Commodities
We watch the commodities market closely to keep you informed with the very latest information on global movements in oil, natural gas, precious and industrial metals, sugar and other agricultural products amongst others.
Currencies and Forex
Whether you are at home or part of the successful Nigerian diaspora, this is a market to keep a close watch on. ARISE News brings you the latest on the most important global currencies as well as latest news and comment on the growing strength of the Naira.
NYSE
The world’s largest stock exchange. Technology is now at the heart of the NYSE, which prides itself as the market for innovation, with an average of 2.4 billion shares exchanging hands every day. With it’s famous trading floor and opening and closing bell, it is now the only in-person trading venue for global equities exchange.
NASDAQ
The largest electronic stock market in the world and second largest in terms of securities’ values. One to watch for energy, finance, healthcare, technology and transportation as well as being well-known for high-tech stocks. Using the NASDAQ Composite Index to measure the change in the over 3,000 stocks traded on NASDAQ. Look out for the likes of Apple, Microsoft and Amazon.
FTSE
The FTSE 100, colloquially known as the ‘Footsie’, is an index made up of share of the 100 largest companies on the London Stock Exchange (LSE). Historical ties between our nation and the UK make it a popular choice for many Nigerian investors wishing to invest in established companies such as Barclays, HSBC, BP and BAE. As well as the wildly successful younger companies such as AstraZeneca.
JSE
The largest stock exchange in Africa, it has come along way from its roots in the South African Gold Rush, having been established in 1887. The natural home for African investors, we watch with excitement as we see the rise in stocks such as Master Drilling Group, Sentova Ltd and Novus Holdings Ltd.
