August 3, 2025

Stock Market

General

MRS Oil Shares Suspended on NGX Ahead of Voluntary Delisting, Eyes NASD Listing

Lagos, July 27, 2025 Trading in the shares of MRS Oil Nigeria Plc has been officially suspended on the Nigerian Exchange (NGX) as the company moves forward with plans to voluntarily delist from the stock market. The suspension, which took effect on Friday, follows an application by the company for voluntary delisting, in line with

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Business

Stock Market Surges as Dangote Cement, 29 Others Propel Capitalisation Beyond N82 Trillion

Lagos, July 18, 2025 — The Nigerian stock market witnessed a major rally on Thursday, with the market capitalisation crossing the N82 trillion threshold for the first time, buoyed by significant gains in heavyweight equities, led by Dangote Cement Plc, BUA Cement Plc, and 28 other companies. According to data from the Nigerian Exchange Limited

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Business World

Goldman Sachs Surpasses Profit Expectations as Tech Stocks Propel US Market Rally

Goldman Sachs has once again demonstrated its financial prowess, exceeding analysts’ profit expectations for the first quarter of 2025. The banking giant reported earnings per share (EPS) of $12.57, significantly surpassing the consensus estimate of $11.87. This robust performance was bolstered by a 3.9% rise in quarterly revenue, showcasing the firm’s ability to navigate market

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