Equities Rally N191b Gains in Opening Trades Nigerian equities reopened yesterday on a bullish note as investors responded positively to impending release of corporate earnings and...
CBN Injects $210m Into Forex Market The Central Bank of Nigeria (CBN) yesterday injected $210 million into various segments of the inter-bank foreign exchange market. The...
Remittances to African Economies Dip at 6.1% to $33b World Bank Statistics have shown that remittance to African countries have declined by an estimated 6.1 per...
‘Fed Govt Owes NNPC N170.6b’ The Nigerian National Petroleum Corporation (NNPC) said yesterday that the government is owing it N170.6 billion in unpaid subsidy between January...
Conglomerates Industry Dominates NSE Activity Chart The conglomerates industry (measured by volume) led the activity chart last week on the Nigerian Stock Exchange with 4.110 billion...
BDCs Back Nigeria’s Return to JPMorgan Bond Index The Association of Bureaux De Change Operators of Nigeria says the Federal Government’s plan to open talks with...
Equities Lose N156b as Selloff Worsens The profit-taking trend at the Nigerian stock market entered the fourth consecutive trading session yesterday as increased open order for...
FG Considers $2.5bn Borrowing via Eurobonds The Federal Government will consider raising $2.5bn through Eurobonds in the first quarter to refinance a portion of its domestic...
Bullish Sentiment Crowds Debt Markets The Federal Government of Nigeria bond auction result showed that the FGN July-2021 and FGN March-2027 instruments were issued at respective...
Market Sheds N143bn as 43 Stocks Lose Losses in the equities market were extended into the third consecutive trading session as 43 stocks dragged the market...