Economy & Market
-
124Bulls Tighten Grip at the Exchange
EQUITIES The local bourse extended yesterday’s positive sentiments as buying interest in SEPLAT (+3.3%), UBA (+7.9%) and DANGSUGAR (+10.0%) pushed the benchmark index...
-
81Capital Market Operators Express Concerns over Proposed Central Bank Amendment
Stakeholders in the capital market have voiced reservations over the proposed amendments to the Central Bank of Nigeria (CBN) Act No. 7...
-
87NGX Index Opens Week Green
EQUITIES The domestic stock market edged higher in today’s trading session driven by bargain hunting in UBA (+5.7%), ZENITHBANK (+2.5%), FBNH (+3.2%), FIDELITYBK...
-
57‘We Will Deal Decisively With Unclaimed Dividend Monster’
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has pledged to deal decisively with the recurring issue of unclaimed dividends...
-
227NGX All-Share Closes Week Negative
For the third week in a row, the domestic bourse closed lower by 0.52%. Losses in Teir-1 banking tickers GTCO (-6.52% w/w),...
-
116Economic and Market Report: Week Ended 24-05-2024
Global According to the Office for National Statistics (ONS), the UK’s headline inflation eased by 90bps to 2.3% y/y in April (March:...
-
118Stock Market Sustains Bearish Sentiment
EQUITIES The local bourse closed lower in today’s trading session as losses in GTCO (-2.6%) and ACCESSCORP (-2.9%) offset the gain in...
-
103CBN Orders BDCs to Reapply for Operating Licences
The Central Bank of Nigeria (CBN) yesterday ordered all existing Bureau De Change (BDCs) operators in the country and promoters of new...
-
187Local Bourse Reverses Gain
EQUITIES Sentiments turned bearish in the domestic stock market as sell pressures in ZENITHBANK (-4.6%) and GTCO (-3.6%) caused a 0.2% decline...
-
3.3KPost MPC: MPC Raises Policy Rate Again
The Monetary Policy Committee (MPC), in its third meeting of the year, voted to raise the Monetary Policy Rate (MPR) for the...
