Shareholders of VFD express optimism about stronger upsides following new capital.
A report from THISDAYLIVE highlights that VFD shareholders see stronger upsides from new capital. The article title indicates positive expectations among investors regarding the company's recent capital developments. No further details on the capital raise, timelines, or specific quotes from shareholders are provided in the available content.
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The Nigerian stock market has reached a capitalization of N100 trillion, driven by reforms and collaboration. This milestone highlights strong performance in 2025 for the nation's financial markets.
The Securities and Exchange Commission has approved VFD Group's rights issue.
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Investors are increasingly favoring dividend-paying companies as a safer option amid uncertainty in capital gains and market volatility. These stocks provide attractive yields and regular returns based on past performance. However, future dividends may be influenced by economic factors and government policies.
The FMDQ Exchange has admitted UAC's N54.03 billion seven-year fixed rate bond onto its platform.
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Amid a more than 2% drop in the Nifty this month due to Middle East tensions and foreign investor outflows, InCred Equities has selected 11 stocks expected to perform well in the coming quarters. The recommendations come as India faces higher crude oil prices, given its import of nearly 90% of its oil needs. All stocks receive an 'Add' rating with target prices implying various upside potentials.
Nigerian businesses anticipate a stronger naira and enhanced economic activity heading into 2026. This optimism stems from building confidence in the economy. The outlook reflects hopes for improved conditions after recent challenges.
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Building on February's gains that pushed market cap to N113trn, the Nigerian stock market added N1.72 trillion on March 3, 2026, fueled by strong demand for MTN Nigeria and Dangote Cement shares.