Economy & Market
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187Bearish Sentiments Persist at Nigerian Equities Market
EQUITIES Bearish sentiments persisted in the Nigerian equities market as sell pressures on BUACEMENT (-10.0%) drove the NGX ASI down by 0.7%...
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137Bank Recapitalisation Crucial for Economic Growth –SEC
The Director General of the Securities and Exchange Commission, Emomotimi Agama, has stated that the ongoing bank recapitalisation is an important step...
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131Bearish Start to the Week at the Exchange
EQUITIES Trading in the domestic bourse kicked off the week on a bearish note, underpinned by losses in MTNN (-6.0%). Consequently, the...
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149CBN Introduces Dutch Auction System to Tackle Forex Shortages
The Central Bank of Nigeria (CBN) has announced a strategic initiative through a Retail Dutch Auction System (DAS) that will address the...
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226Domestic Bourse Rebounds
As the market sustained the bearish run from the previous week, the equities market closed 0.46% lower week-on-week with selling pressure in...
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221Economic and Market Report: Week Ended 02-08-2024
Global Economy The Monetary Policy Committee (MPC) of the Bank of England (BoE) voted by a majority of 5 – 4 to...
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263NGX to Revamp Rules Guiding Corporate Listings
Apparently concerned with the dearth in listings in the capital market, the Nigerian Exchange Limited (NGX) has announced it is working on revamping...
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194AfDB Okays $500m Fresh Loan for Nigeria
The African Development Bank Group has approved a loan of $500m to the Federal Government to finance the first phase of the Economic...
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208Purchasing Managers Index Show Business Confidence at Record Low
Business confidence declined as the Stanbic IBTC Bank Purchasing Managers Index (PMI) was down from 50.1 in June to 49.2 in July...
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205
Lagos Bourse Sustains Bearish Trend as ASI Down 0.4%
EQUITIES The bears continued to dominate trading in the local bourse as sell pressures on MTNN (-5.0%) undermined market performance. As a result, the...
