Posts By FinIntell
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5Opinion‘No Short Cut to Naira Appreciation’
A Nigerian senator, Ned Nwoko, has advised the Federal Government and the Central Bank of Nigeria (CBN) against any measures that capable...
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2Economy & MarketEconomic and Market Report: Week Ended 26-04-2024
Global Economy Preliminary estimates from the United States (US) Bureau of Economic Analysis show that the US economy expanded by 1.6% q/q...
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3Stock MarketNGX All-Share Index Closes negative
Over the course of the week, losses in MTNN (-9.82% w/w), ZENITHBANK (-8.17% w/w), and FBNH (-16.26% w/w), outweighed buy interest in...
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2Telecoms & ITForex: Telecom Operators Seek NCC Nod for Tariff Hike
Telecommunications operators in the country including MTN Nigeria and Globacom have asked for Federal Government approval through the Nigerian Communications Commission to...
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1Stock MarketLocal Bourse Rebounds
EQUITIES Trading activities in the local bourse closed on a positive note today, as buying interest in TRANSCOHOT (+9.8%) triggered a 0.1%...
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1Industry & MoneyPZ to Exit Africa citing Sales Plunge in Nigeria
PZ Cussons Plc, yesterday, said it has commenced a strategic review of its business in Africa, with a consideration of exiting the...
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2Industry & MoneyFG Revokes 924 Mining Licences
The federal government has revoked 924 dormant licences spanning exploration, mining, small-scale mining and quarrying. The Minister of Solid Minerals Development, Dr...
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4Business NewsFG’s deficit spending rises 52% to ₦12.86tr
The Federal Government recorded a 52.9 per cent, year-on-year (YoY) increase in deficit spending to N12.86 trillion in 2023 from N8.41 trillion...
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1Stock MarketEquities Market Sustains Bearish Run
EQUITIES Bearish sentiments intensified in the Nigerian equities market in today’s session following sell pressures on MTNN (-10.0%). As a result, the...
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5Banking & FinanceCentral Bank sells $10,000 to Bureau De Change at ₦1,021/$
The Central Bank of Nigeria (CBN) has announced the sale of $10,000 to each licensed Bureau De Change (BDC) operator nationwide. This...
