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Nigerian Treasury Bills Yield, OMO Slump over Rally
adminFebruary 6, 2023
Nigerian Treasury Bills Yield, OMO Slump over Rally With solid investable funds, the average yield on Nigerian Treasury bills (NTB) continues to decline amidst a sustained rally in the secondary…Read More
Geregu Power Gains 37% After Dividend Announcement
adminFebruary 6, 2023
Geregu Power Gains 37% After Dividend Announcement With get-me-inside shares demand requests to stockbrokers, Geregu Power Plc gained 37% in a week as equities investors position strongly after the company…Read More
Naira Appreciates to N461.50 amidst Multiple Threats
adminFebruary 6, 2023
Naira Appreciates to N461.50 amidst Multiple Threats The Nigerian naira made a slight recovery against the United States dollar amidst multiple economic threats cited by two major ratings agencies –…Read More
Nigeria Faces Debt Risks 6-Month to Eurobond Repayment
adminFebruary 6, 2023
Nigeria Faces Debt Risks 6-Month to Eurobond Repayment S&P affirms Nigeria’s rating while the global rating agency’s outlook shifted from stable to negative amidst internal and external pressures mitigating against…Read More
Stock Market Hits 2008 High as Investors Hunt for Value
adminFebruary 6, 2023
Stock Market Hits 2008 High as Investors Hunt for Value Equities market capitalisation spikes to near N29 trillion level as Nigerian Exchange (NGX) continues to gather momentum following improved market…Read More
What Moody’s Ratings Downgrade Means for the Market
adminFebruary 6, 2023
What Moody’s Ratings Downgrade Means for the Market A downgrade from any global ratings agency provides additional information for investing in the affected economy. For the capital market, it ought…Read More
SSA Currencies to Worsen despite Softening Dollar
adminFebruary 6, 2023
SSA Currencies to Worsen despite Softening Dollar The Sub-Saharan Africa markets currencies outlook for 2023 is projected to worsen, though the United States dollar, the primary currency, has softened after…Read More
FCMB Value Jumps 19.5% After Earnings Beat
adminFebruary 6, 2023
FCMB Value Jumps 19.5% After Earnings Beat Shares of FCMB Group Plc became quite popular amount value hunters in the equities segment of the Nigerian Exchange after the financial services…Read More
NASD Swells to N942 Billion as Market Sentiment Improves
adminFebruary 6, 2023
NASD Swells to N942 Billion as Market Sentiment Improves The NASD over-the-counter securities exchange market size grew above N942 billion amidst renewed buying interest in shares of unlisted companies, trading…Read More
Keyamo, Dogara Trade Words Over Buhari’s Endorsement Of Tinubu
adminFebruary 6, 2023
*Dogara To Keyamo: We Were Mates In Law School, But Not In Politics The spokesperson for the Presidential Campaign Council of the All Progressives Congress (APC) Festus Keyamo and former…Read More
‘Nollywood Actor’: I’ll Develop Entertainment Industry, Obi Replies El-Rufai
adminFebruary 6, 2023
The presidential candidate of the Labour Party, Peter Obi, has reacted to the statement by the Governor of Kaduna State, Nasir El-Rufai, that he (Obi) was acting Nollywood and could…Read More
Banks Not Hoarding New Naira Notes, Says ACAMB
adminFebruary 6, 2023
The Association of Corporate Affairs Managers of Banks (ACAMB) has faulted claims that banks are hoarding the new naira notes but expressed optimism that the scarcity of the currency would…Read More