May 7, 2025/United Capital Research Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in MEYER(+10.00%) and BETAGLASS(+9.98%). As a result, the benchmark All-Share Index (NGX-ASI) climbed by 0.45% to close at 108,849.83 points. YTD returns further climbed to 5.76%, while market capitalization closed at […]
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Yuan Soars to Six-Week Peak as Hopes Rise for US-China Trade Reconciliation
By InvestAdvocate Lagos (INVESTADVOCATE)-China’s yuan also known as renminbi surged to a six-week high on Tuesday, driven by rising optimism for easing tensions between Beijing and Washington could steer the world’s two largest economies away from a protracted trade standoff. Onshore trading resumed after the Labour Day holiday with the […]
Dangote Packaging Increases Output, Eyes African Export Boom
May 6, 2025/Dangote Group Dangote Packaging Limited (DPL) has announced plans to expand into the African export market, following a production capacity boost facilitated by new machinery being commissioned in the two manufacturing plants. Chairman of DPL’s Board of Directors, Mr Robert Ade-Odiachi, disclosed the development during a strategic […]
