Economy & Market
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435NGX Market Capitalisation Sheds ₦92.32b
Bearish sentiment drove the domestic bourse today as the NGX All-Share Index closed 0.16% lower to settle at 99,630.51 points. Sustained investor...
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495No Plan to Revoke Wema, Polaris, Unity, Fidelity Licences –CBN
The Central Bank of Nigeria (CBN) yesterday said there are no plans to revoke the operating licenses of Fidelity Bank, Wema Bank, Polaris...
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393Local Bourse Records Positive Performance
EQUITIES Activities in the domestic equities market kicked off the week on a positive note, underpinned by gains in ACCESSCORP (+9.9%), TRANSCOHOT...
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412Treasury Bills: Bullish Trend Continues as Average Yield Dips
The Nigerian Treasury Bills (NT-Bills) market had a mixed performance last week, starting bullish with declining yields across most maturities. Post-auction, bearish...
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303Currency in Circulation Hit All-time High at ₦3.97tr
Despite the Central Bank of Nigeria (CBN) monetary policy tightening, Nigeria’s currency in circulation surged to an all-time high of N3.97 trillion...
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243NGX Introduces USSD Code to Boost Financial Inclusion
The Nigerian Exchange (NGX) Limited has announced the launch of a new Unstructured Supplementary Service Data (USSD) platform aimed at enhancing financial...
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377Economic and Market Report: Week Ended 07-06-2024
Global At the June monetary policy meeting, the Governing Council of the European Central Bank (ECB) voted to cut its key policy...
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389
NGX All-Share Index Rebounds
In today’s trading session, the All-Share index gained 9bps to settle at 99,221.14 points. Gains in ZENITHBANK (+0.76%), FBNH (+1.10%) and STANBIC...
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265Local Bourse Reverses Gain as Index down 0.2%
EQUITIES The domestic stock market traded lower in today’s session, driven by sell pressures in STANBIC (-8.8%) and FIDELITYBK (-9.7%). As a...
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410Heritage Bank: NDIC goes after ₦700b Loan Defaulters
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will pay out insured deposits to depositors of the defunct Heritage Bank...
