2nd Jan, 2025 by Frances Ibiefo
BYD Surges in EV Sales as it Closes Gap with Tesla in 2024
BYD’s December EV sales surged, narrowing the gap with Tesla and achieving 1.76 million annual units amidst intense competition.
Markets
1st Jan, 2025 by AriseNews
MOFI Launches N250 Billion Real Estate Fund to Bridge Housing Finance Gap
MOFI’s N250 billion Real Estate Fund offers long-term mortgages, boosting affordable housing, job creation, and economic growth in Nigeria.
1st Jan, 2025 by AriseNews
LCCI Forcasts Transformative Growth for Nigeria in 2025 with Strategic Policies
LCCI has forecasted transformative growth for Nigeria in 2025, driven by strategic policies, public-private partnerships, and infrastructure development.
2nd Jan, 2025 by AriseNews
DSS Launches Successful Counterterrorism Operations in Niger, Clears ESN Strongholds Across Southeast
The DSS has disrupted bandit gathering in Niger, dismantled IPOB/ESN camps in Southeast, recovering weapons and explosives.
31st Dec, 2024 by Melissa Enoch
Nigeria On Track To End Petroleum Imports, Says CPPE Chief Yusuf
Nigeria is on its way to ending petroleum imports, but deliberate government action is crucial, says Muda Yusuf.
31st Dec, 2024 by Emmanuel Addeh
NERC Transfers Electricity Regulation Authority to Ogun State in Compliance with New Electricity Act
Ogun State has assumed regulatory control over electricity within its jurisdiction as NERC decentralises power sector operations nationwide.
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.
31st Dec, 2024 by AriseNews
Warri Refinery Resumes Operations Amid NNPC’s Drive for Domestic Fuel Production, Export Potential
The reopening of the Warri refinery signals NNPC’s commitment to ending import reliance and bolstering domestic petroleum refining.
2nd Jan, 2025 by Frances Ibiefo
Impeached South Korean President Vows to ‘Fight to the End’ Against Detention
Yoon Suk Yeol has challenged the detainment warrant, vowing resistance as political tensions rise in South Korea.
2nd Jan, 2025 by Chuks Okocha
PDP: Tinubu’s New Year Speech Showed No Hope In Sight For Nigeria, Signposted Gloom
The PDP has accused Tinubu of failing to address fuel prices, hunger, and infrastructure woes in his New Year speech.
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.
