Economy & Market
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190Nigeria’s E-commerce Value Reaches $9.02b
The Nigerian Export Promotion Council (NEPC) said that the country’s E-commerce value rose from $675.68 million in 2022 to $9.02 billion in...
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190Local Bourse Sustains Bullish Momentum
EQUITIES The Nigerian equities market maintained its winning streak in today’s session underpinned by investors’ demand for DANGSUGAR (+9.6%), FBNH (+5.0%), ZENITHBANK (+3.5%)...
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162BDC Operators Urge CBN to Reverse Recapitalisation Guidelines
The Association of Bureau De Change Operators of Nigeria has demanded that the Central Bank of Nigeria reverse the new capital requirement...
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334Currency Outside Banks Reverses Upward Trend, Falls by ₦27b
Currency Outside Banks (CoB) fell month-on-month (MoM) by N27.5 billion or 0.55 percent to N3.6 trillion in April from N3.627 trillion in...
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203Bulls 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...
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160Capital 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...
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156NGX 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...
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168‘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...
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306NGX 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),...
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209Economic 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:...
