gti

338 posts

  • UAC sets July date to divest from UPDC

    2 Views UAC of Nigeria (UACN) Plc has said it would unbundle its ma jority stake from its loss-making property arm UACN Property Development Company (UPDC) by July 2020. In a statement, Group Managing Director, UAC of Nigeria (UACN) Plc, Fola Aiyesimoju, said the plan is, however, subject to COVID-19 disruptions that might affect approval […]
  • CBN advises banks on business model

    3 Views The Deputy Governor, Financial System Stability, Central Bank of Nigeria Mrs Aishah Ahmad, has urged banks to maintain their commitment to sustainability in designing their business models to enable them to manage disruptions and make positive environmental and social impact in their quest to deliver value to their stakeholders. She made the call […]
  • Emefiele assures foreign investors of funds transfer

    1 Views The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has assured investors of the security of their investments in the country despite dwindling revenue from the sale of crude oil globally. A statement by the CBN on Sunday quoted Emefiele as saying in Abuja that investors interested in repatriating their funds from the […]
  • Oil prices drop amid supply glut, fears of 2nd coronavirus wave

    2 Views Oil prices slid nearly $1 a barrel on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world’s top producers. Brent crude futures LCOc1 were down 73 cents, or 2.4%, at $30.24 a barrel by […]
  • Asian shares push higher as more countries ease lockdowns

    3 Views Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick up in new coronavirus cases. South Korea warned of a second wave of the new coronavirus as infections rebounded to a one-month high, while new infections accelerated in […]
  • China cut interest rates for standing lending facility loans in April

    1 Views China’s central bank said it lowered interest rates on its standing lending facility (SLF) in April, catching up with similar reductions in other liquidity tools as part of Beijing’s efforts to support the coronavirus-hit economy. In the first-quarter monetary policy report published on Sunday, the People’s Bank of China (PBOC) said it had […]
  • Dollar holds gains on economic re-start hopes but virus risks remain

    0 Views The dollar rose against most of its major peers on Monday as moves by the United States and other countries to re-open their economies raised hopes for a quicker global recovery from a deep recession triggered by the coronavirus health crisis. Sterling was little changed against the dollar and the euro after British […]
  • Equity market halts nine trading days gain with 1.27% loss

    11 Views The Nigeria equity on Friday halts nine trading sessions gain with a loss of 1.27%. The decline was impacted by losing in MTNN, Guaranty, Buacement and 14 others. As a result, the market breadth closed negatively, recording 15 gainers as against 17 losers.   NSE Trading Floor In summary, the All-Share Index (ASI) […]
  • Daily Price List (NASD) – Friday, 8th May, 2020

    8 Views SECURITY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE SDFCWAMCO 120 120 108 108 120 0 0 108 2 4475 483300 TOTAL TRANSACTION (1) 2 4475 483300 Read more https://gtigroupblog.com/daily-price-list-nasd-friday-8th-may-2020/