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0 Views The Nigerian National Petroleum Corporation on Wednesday night announced a reduction in the ex-depot price of petrol from N113.28 per litre to N108 per litre. The Nigerian National Petroleum Corporation on Wednesday night announced a reduction in the ex-depot price of petrol from N113.28 per litre to N108 per litre. The ex-depot price […]

0 Views The Deputy Governor, Financial Systems Stability Directorate, Central Bank of Nigeria, Aishah Ahmad, has said banks face imminent risk of loan default from exposure to oil-related lending. However, Ahmad, who is also a member of the Monetary Policy Committee, said the stress tests conducted by the industry regulator under low to moderate scenarios […]

0 Views Asian stocks were set to come under pressure on Thursday as downbeat economic data pushed investors to safe havens and growing worries about falling demand sent oil prices lower. Traders continue to be torn between signs that consumers and businesses are emerging from the economic paralysis caused by the coronavirus and the reality […]

0 Views The safe-haven yen flirted with a seven-week high against the dollar on Thursday as investors limited their exposure to riskier assets amid dire global economic data, rising trade tensions and concerns over the euro zone. The yen rose to seven-week high of 105.985 per dollar JPY= and last stood at 106.04. Against the […]

0 Views Oil prices rose on Thursday after U.S. inventories swelled less than expected, but market watchers predicted further gains could be capped by the ongoing glut in crude supplies as the coronavirus pandemic crushes fuel demand. Brent crude LCOc1 was up by 12 cents, or 0.4%, to $29.84 a barrel 0044 GMT, after falling […]

10 Views The Nigerian equity market on Wednesday extends previous days rally to eight consecutive trading days by gaining 1.40% as the Nigeria SEC urges investors to explore opportunities in the capital market. Today’s rally was driven by positive sentiment in all of the five major sectors. As a result, the market breadth closed positively, […]

6 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE SDCSCSPLC 13.55 13.55 13 13 13.55 0 0 13 1 190000 2470000 TOTAL TRANSACTION (1) 1 190000 2470000 Read more https://gtigroupblog.com/daily-price-list-nasd-wednesday-6th-may-2020/

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4 Views The federal government for the second time has cut budget plans to assume a lower petroleum price of $20 per barrel. Also, government has projected that the economy will contract by 3.4 percent this year as a consequence of the outbreak of Coronavirus pandemic. Finance Minister Zainab Ahmed made this disclosure at a […]

5 Views The Securities and Exchange Commission (SEC) has called on investors to explore opportunities inherent in the capital market to create wealth in the face of the Coronavirus pandemic.  A statement by Mrs Efe Ebelo, the Head, Corporate Communication of SEC, quoted Ms Mary Uduk, the Acting Director-General of the commission as making the […]

5 Views The National Insurance Commission (NAICOM) says it will release a new recapitalisation guideline for insurance and reinsurance companies after the COVID-19 pandemic. Mr Sunday Thomas, the Commissioner for Insurance and Chief Executive Officer of NAICOM, said this on Tuesday at an online meeting of insurance stakeholders titled `Post COVID- 19: Impact on the […]

6 Views The Federal Government on Tuesday revealed plans to cut the oil price benchmark for the 2020 budget to $20 per barrel. The development would make it the second time the Federal Government is slashing the oil benchmark ‎for the 2020 budget. The sharp fall in the price of crude oil had earlier forced […]