Economy & Market
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87Stock Market Extends Gains
EQUITIES The Nigerian equities market extended yesterday’s gains as demand for NESTLE (+9.8%) drove the benchmark index 0.1% higher. Specifically, the All-Share...
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64Domestic Bourse Opens Trading Bullish
EQUITIES The domestic stock market commenced the week’s trading on a positive note as bargain hunting in MTNN (+2.7%) triggered a 0.1% gain...
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64CBN Withdraws Circular on Cybersecurity Levy
The Central Bank of Nigeria has retracted its directive asking banks and payment service providers to collect and remit the cybersecurity levy...
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87Exchange Commission Advocates Transparency In Financial Reporting
The Securities and Exchange Commission (SEC) has declared that transparency in financial reporting is now a legal requirement for public institutions in Nigeria,...
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114CPI Data: Positive Readings Spark Disinflation Hope
This week, we torchlight the April 2024 Consumer Price Index (CPI) data published by the National Bureau of Statistics (NBS) and Q1:2024...
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362Economic and Market Report: Week Ended 17-05-2024
Global Economy According to the Bureau of Labor Statistics (BLS), headline inflation in the United States eased by 10bps to 3.4% y/y...
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150NGX All-Share Closes Week Negative
Over the course of the week, TRANSCOHOT (-9.72% w/w), FBNH (-8.20% w/w) and UBA (-17.23% w/w) were the major drags on the...
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102Crypto Exchanges Begin Delisting of Naira on Platforms
Following the directives of the Office of the National Security Adviser and the Securities and Exchange Commission (SEC) that the naira be delisted...
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113NDIC Secures Order to Wind Up 96 MFBs, PMBs
The Nigeria Deposit Insurance Corporation (NDIC) has revealed that it has obtained Winding up Orders for 96 out of 183 Micro Finance and...
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90Stock Market Index Up 0.84%
EQUITIES Trading activities in the local bourse was negative for most of the day. However, late interest in AIRTELAFRI (+9.0%) ensured the market...
