Nigerian Government Endorses ExxonMobil-Seplat Divestment, Disapproves Shell-Renaissance Deal
The FG has endorsed ExxonMobil’s divestment to Seplat Energy while rejecting Shell’s proposed deal with Renaissance Africa Energy.
The FG has endorsed ExxonMobil’s divestment to Seplat Energy while rejecting Shell’s proposed deal with Renaissance Africa Energy.
The ITF has lauded Nigeria’s 75.5% ICAO compliance, pledging to help build a sustainable African aviation industry.
Research projects that Nigeria’s offshore oil market will grow from $34.18 billion in 2023 to $47.03 billion by 2031
Dangote Refinery has denied reports that it took fresh legal action against the NNPC, other companies over import licenses
Zenith Bank, UBA, GTCO, others banks recorded higher cash reserves at N15.5tn amidst the CBN’s drive to control liquidity
NHTSA is investigating Tesla’s Full Self-Driving software after four collisions, including one fatal incident, which happened in low-visibility conditions
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.
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.
China’s economic growth hit its weakest pace since early 2023, fuelled by property sector struggles and slowing export demand growth.
The SRLN has commended states for challenging the legality of EFCC, ICPC, and NFIU, advocating for constitutional integrity
The exonerated Central Park Five have filed a defamation lawsuit against Trump for false statements made during a debate.
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.
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.
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.
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.
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.
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.
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