gti

338 posts

  • NSE grants companies 60-day forbearance on Q1 results

    3 Views THE Nigerian Stock Exchange (NSE) at the weekend granted quoted companies 60-day extended deadline to file their first quarter report as part of regulatory forbearance to ameliorate the disruptions caused by the Coronavirus pandemic. The Exchange also extended similar 60-day waiver that had been granted to companies with December 31, 2019 year-end on […]
  • Africa Prudential’s profit drops by 10.4% to N341.8m in Q1

    2 Views frica Prudential Plc witnessed a contraction in earnings during the first quarter as the share registration company struggled with declining top-line. Key extracts of the interim report for the three-month period ended March 31, 2020 showed that gross earnings dropped by 14.5 per cent to N743.36 million in first quarter 2020 as against […]
  • Dollar firm as caution on economic re-start returns

    1 Views The dollar found support on Monday and a rally in riskier currencies lost steam, as investors braced for more dire news on the fallout from the coronavirus and governments across the globe moved only cautiously toward an economic re-start. Major currencies were mostly rangebound, though the risk-sensitive Australian and New Zealand dollars and […]
  • Asia shares turn quietly cautious, U.S. crude crushed

    1 Views Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while a glut of supply sent U.S. crude spiraling to 20-year lows. Japan reported its exports fell almost 12% in March from a […]
  • U.S. oil falls more than 10% to lows not seen since 1999

    1 Views Crude oil futures fell on Monday, with U.S. futures touching levels not seen since 1999, extending weakness on the back of sliding demand and concerns that U.S. storage facilities will soon fill to the brim amid the coronavirus pandemic. The oil market has been under pressure due to a spate of reports on […]
  • Bull rules Nigerian bourse for seventh consecutive trading day.

    28 Views Transactions on the Nigerian equities market today (Friday), ended the trading week on a positive note, extending the previous positive momentum to seven consecutive trading days, with a gain of 1.63%, following bargain hunting on bellwether stocks like ACCESS, ZENITHBANK and 17 others. Consequently, the market breadth closed positively, recording 19 gainers as […]
  • Daily Price List (NASD) – Friday, 17th April, 2020

    4 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE SDFCWAMCO 120 120 122 120 120 0 0 121.94117647059 2 5100 621900 SDVFDGROUP 105.07 105.07 105.1 105.1 105.07 0 0 105.07 1 50000 5253500 TOTAL TRANSACTION (2) 3 55100 5875400 Read more https://gtigroupblog.com/daily-price-list-nasd-friday-17th-april-2020/
  • Nigeria gets debt relief

    9 Views Nigeria and 75 other countries have been granted debt service relief by the World Bank and China, The Nation has learnt. The debt service waiver was granted by G20 countries at the end of their meeting on Wednesday, a source who was privy to the discussion said. The debt service relief  translates to Nigeria not […]Read More
  • FMDQ lists FMN bonds, infrastructure debt fund, others

    21 Views FMDQ Securities Exchange Limited has admitted to its platform the Flour Mills of Nigeria Plc’s Series 3 N12.49bn Tranche A and N7.50bn Tranche B Fixed Rate Senior Unsecured Bonds under the N70bn bond issuance programme. The Exchange also admitted for listing on its platform the Chapel Hill Denham Nigeria Infrastructure Debt Fund Series […]
  • Infrastructure deficit, forex pressure may worsen inflation — Emefiele

    24 Views The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said that the infrastructural deficits and emerging pressures from the foreign exchange market may aggravate inflation. He said with the decline in crude oil receipts as well as the dwindling capital outflows, there was likelihood that inflationary pressures would continue. The Federal Government […]