Economy & Market
-
195NGX 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...
-
189Local 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%...
-
193Equities 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...
-
557Central 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...
-
482e-Payment Transactions Surge by 89.3% to ₦234tr in Q1 2024
Electronic payment (e-Payment) transactions in Nigeria witnessed a remarkable surge in the first quarter (Q1) of 2024, hitting a total of N234...
-
358Bears Resurface as All-Share Index Reverses Gains
EQUITIES The domestic stock market reversed yesterday’s gains as profit-taking activities in FBNH (-9.9%), NESTLE (-9.0%) and ZENITHBANK (-5.0%) undermined market performance....
-
1.0K
Enough Pain for Bank Stocks?
Since the Central Bank of Nigeria published its circular on bank recapitalisation on 28 March, the NGX Exchange’s bank index has fallen...
-
242Stock Market Starts Week on Positive Note
EQUITIES The local bourse kicked off the week on a positive note following renewed buying interest in GTCO (+9.6%) and ZENITHBANK (+6.8%)....
-
244Nigeria Secures $2.25b World Bank Credit
Minister of Finance and Coordinating Minister for the Economy, Wale Edun, said the federal government had secured a $2.25 billion single-interest loan...
-
302Economic and Market Report: Week Ended 19-04-2024
Global Economy According to the National Bureau of Statistics (NBS) of China, the Chinese economy beat market expectations (+5.0% y/y) as it...
