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38 Views The Nigerian equity market sustained last week positive sentiment as the Covid-19 lockdown ease begin today (Monday), following the Federal government directive to open the economy partly, after 34 days of total lockdown in Lagos and Ogun state, including the FCT. However, the market breadth closed negatively, recording 15 gainers as against 19 […]

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86 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE ABCTRANS 0.35 0.35 – – 0.35 0 0.37 5 7017 2606.34 ACCESS 6.6 6.6 6.25 6.1 6.1 -0.5 -7.58 6.16 398 14508254 89399487.7 AFRINSURE 0.2 0.2 – – 0.2 0 0.20 1 25000 5000 AFRIPRUD 3.65 3.65 3.68 3.65 3.65 […]Read More

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7 Views The National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, has said the Central Bank of Nigeria should seize the opportunity of the coronavirus crisis to lower interest rates in a bid to boost the nation’s economy. Tinubu also urged the Federal Government to demand a renegotiation of existing loans or debt […]

9 Views Fidelity Bank has begun the 2020 financial year on a positive note with the announcement of its unaudited results for the three months ended March 31, 2020. Gross Earnings for the first quarter of the year, grew by 5.7 percent to N51.2 billion from N48.4 billion in the previous year, whilst Profit before […]

21 Views More investors are opting for lending and borrowing of shares and bonds to unlock values in their investments by taking advantage of price movements and analysts’ farsightedness. Securities lending is the process of lending and borrowing of shares and bonds by investors for a period of time under an agreed arrangement. Traditionally, the […]

5 Views The Federal Government has revised upwards the independent revenue projections from Ministries, Departments and Agencies in the current fiscal period by N66.9bn to N916.87bn. The new amount represents an increase of 7.87per cent over the original projections of N849.97bn. The N916.87bn independent revenue is contained in the revised 2020 budget proposal of N10.27tn […]Read More

4 Views Oil prices fell in early trade on Monday, paring last week’s gains, on worries the global oil glut may persist as U.S.-China trade tension could hold back an economic recovery even as coronavirus pandemic lockdowns start to ease. U.S. West Texas Intermediate (WTI) crude CLc1 futures fell as low as $18.32 a barrel […]Read More

8 Views The dollar inched higher, stock markets struggled for traction and oil fell on Monday as a U.S.-China spat over the origin of the coronavirus put the brakes on optimism about an economic re-start as countries around the world ease restrictions. In reduced trade, with China and Japan on holiday, U.S. stock futures fell […]

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