Day: November 3, 2022

Nigerian Bourse Rallies after Dirty October The equities segment of the Nigerian Exchange (NGX) records gains on Wednesday, recovering from selling rallies and a dirty …

NB Plc.’s Shareholders Get N3.29bn Dividend Nigerian Breweries Plc, Nigeria’s foremost brewing company, on Wednesday announced N3.29 billion as dividend payment for its shareholders following …

Fed Increases Funds Rate to 2008 High The United States central bank, Federal Reserve, approved a fourth-straight rate hike of three-quarters of a percentage point …

Naira Slides to N446 on Expected Imports Jump The Nigerian local currency, the naira, slides to N446 against the United States amidst an expectation that …

GCR Ratings Revises Jaiz Bank Outlook to Positive GCR Ratings has affirmed Jaiz Bank Plc.’s national scale long and short-term issuer ratings of BBB-(NG) and …

Bonds Yield Rises to 14.5%, Treasury Bills Pops The fixed income market yield curve swings again as gilt-edge investors sold off a sizeable amount in …

Dangote Cement Market Value Declines N1.35trn In the stock market, Dangote Cement Plc is now worth N3.757 trillion at a 52-week low price of N220.50 …