Economy & Market
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207Stock Market Kicks off Week Bearish
EQUITIES Trading in the domestic equities market kicked off the week on a bearish note, following sell pressures on BUACEMENT (-9.9%). Consequently,...
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196New Digital Share Offering Platform to Stem Unclaimed Dividends
The new digital share offering platform, launched by the Nigerian Exchange Group (NGX Group)-NGX Invest, will help to streamline dividend payment and...
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171NDIC Pays 82% of Defunct Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation has said that about 82.36 per cent of the depositors of failed Heritage Bank have been paid....
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260DAS Reintroduction, CPI Expectation… Will Price Pressure Streak be Broken Yet?
We kickstart our analysis this week by sharing expectations for the July 2024 CPI data to be published by the NBS next...
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329Economic and Market Report: Week Ended 09-08-2024
Global Economy According to recently released data by the National Bureau of Statistics, China’s consumer prices rose by 30bps to 0.5% y/y...
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215NGX All-Share Index Closes Week Positive
Recovering from the previous weekly losses, the Lagos bourse gained 0.87% week-on-week as gains in telco giant, MTNN (5.16% w/w) as well...
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220CBN Demands Transaction Evidence on All Divestments, Repatriation of Foreign Investments
The Central Bank of Nigeria (CBN), yesterday clarified that every divestment or repatriation of foreign investment, be it a pre-liquidation or matured...
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218Bulls Tighten Grip on the Bourse
EQUITIES The local bourse extended yesterday’s bullish performance as bargain hunting in MTNN (+10.0%) drove the benchmark index 1.0% higher. Thus, the All-Share...
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219SEC to Outline Agenda for Capital Market at CMC Meeting
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, is set to outline the Commission’s vision for the Nigerian...
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199Fuel Imports Gulp ₦2tr Monthly –FG
President Bola Tinubu has disclosed that the country spends N2tn monthly to import petrol and diesel. Tinubu stated this during his recent...
