Economy & Market
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171‘Sectors Dependent on Forex may Witness Drop in Prices’
A Development Economist, Prof. Ken Ife, says some sectors may soon likely witness a drop in prices as the Naira appreciates against...
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147Domestic Equities Market: All-Share Index up 4.6%
Afrinvest Monthly Market Report The NGX-ASI closed the month with a 4.6% uptick to print at 104,562.06 points. Resultantly, YTD return printed...
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128Global Equities Market: Bull Run Extends Despite Stuttering Disinflation Pace
Afrinvest Monthly Market Report Stock markets across the globe traded largely bullish in March, inspired by positive economic data prints, stellar corporate...
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122Macroeconomy: Pockets of Gains as CBN Keeps Foot on Gas Pedal
Afrinvest Monthly Market Report analyses the Nigerian economy. To begin with, the International Monetary Fund (IMF) released the post-Article IV Consultation assessment...
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128Bank Recapitalisation: Expert Lists Pros and Cons
A former Executive Director, Corporate Banking and South, Keystone Bank, Yemi Odusanya, says the capital raise by the Central Bank of Nigeria...
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142Fallen ‘Crypto King’ Sam Bankman-Fried gets 25 years for fraud
Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors...
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142Weekly Market Report: Mixed Performances Across the Globe
Global Economy According to final data from the Bureau of Economic Analysis (BEA), the United States (US) economy grew by 3.4% in...
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114Bulls Hold Sway Ahead of Easter Break
The equity market nudged higher as the benchmark index rose by 0.27% to close at 104,562.06 points. Renewed interest in MTNN (+0.91%),...
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113
Banking Bellwethers Lead Gains
EQUITIESBullish sentiments resurfaced in the domestic stock market today, driven by bargain hunting in ZENITHBANK (+8.8%) and GTCO (+5.7%) stocks. As a...
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156Visa and Mastercard agree to $30b settlement that will lower merchant fees
Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, have...
