Economy & Market
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218Local Bourse Reverses Gains
EQUITIES The domestic stock market reversed yesterday’s gains as losses in OANDO (-8.7%) undermined market performance. Thus, the All-Share Index dipped by...
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186Stocks Set to Rise as Traders Await Rate Cut Clues
European futures rose 0.2%, brushing off Asian declines as investors reload for key US payrolls data and further clues on interest rate...
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164FX Remittance Surged by 130% to $553m in July 2024
The Central Bank of Nigeria (CBN) has reported a 130% surge in remittance inflows, reaching $553 million in July 2024. This is...
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192Stock Market Rebounds as ASI up 0.1%
EQUITIES The local bourse ended today’s session on a positive note as gains in OANDO (+9.9%), and STANBIC (+6.7%) drove the ASI...
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160$500m Bond Investors to Get 9.7%, Barred from Naira Conversion
Investors in the Series I $500 million Domestic FGN US Dollar Bond will get 9.7 per cent dividends, according to the guidelines...
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188NGX Extends Bearish Run as All-Share Index Down 1.4%
EQUITIES Trading in the domestic equities market kicked off the week on a bearish note, following profit-taking activities in DANGCEM (-10.0%). As...
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160Exchange Commission Woos Firms to Capital Market
The Securities and Exchange Commission has called for more companies to list on the Nigerian Exchange as part of efforts to strengthen...
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140‘Metering Gap Stifles Liquidity in Power Sector’
The Minister of Power, Adebayo Adelabu, has said that the eight million metering gap that exists in the power sector is responsible...
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105Economic and Market Report: Week Ended 16-08-2024
Global Economy According to the Office for National Statistics (ONS), economic activities in the United Kingdom (UK) remained positive, as the real...
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177₦215b Unclaimed Dividends: SEC to Launch Special Unit, Mobile App
The Securities and Exchange Commission (SEC) has said that it is setting up a special unit and developing a mobile application to...
