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2 Views Chief Executive Officer of the Nigerian Stock Exchange, Mr Oscar Onyema, has expressed the NSE’s commitment to providing corporates and other investors access to the market in meeting their financial and investment needs during this period and beyond. He made this known during the first-ever digital closing gong hosted by the Exchange via […]

4 Views Asian stocks look set to bounce on Friday to recover towards a one-month high as investors, following Wall Street’s lead overnight, sought silver linings in a run of data that showed the world is in its worst recession in decades. Any gains, however, may be capped in early trade as investors stay on […]

2 Views Oil prices rose on Friday with Brent gaining nearly 3% after President Donald Trump laid out guidelines on reviving a U.S. economy ravaged by the coronavirus pandemic that has punched a huge hole in global demand for crude and refined products. Brent was up by 75 cents, or 2.7%, at $28.57 a barrel […]

4 Views The dollar fell on Friday as a news report on signs of success in a COVID-19 treatment drug trial as well as early plans to re-open the U.S. economy drove fresh optimism and risk appetite. Even the first drop in Chinese economic growth since quarterly records began in 1992 did not dent the […]

51 Views The Nigerian equities market today (Thursday), closed positively, extending the previous positive momentum to six consecutive trading day, with a marginal gain of 0.07%, following value appreciation on MTNN, DANGCEM and 16 others. However, the market breadth closed negatively, recording 20 losers as against 18 gainers.   NSE Trading Floor In summary, the […]

5 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE SDCSCSPLC 13 13 13 13 13 0 0 13 3 2690000 34970000 SDFCWAMCO 120 120 120 120 120 0 0 120 1 330 39600 SDLIGHTFSP 0.5 0.5 0.5 0.5 0.5 0 0 0.5 1 300000 150000 TOTAL TRANSACTION (3) 5 […]Read More

112 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE ACCESS 7 7 6.75 6.3 6.3 -0.7 -10.00 6.5842919946318 249 10039938 66105883.4 AFRIPRUD 3.5 3.5 3.56 3.47 3.47 -0.03 -0.86 3.5255508510668 55 2054539 7243381.72 AIICO 0.8 0.8 – – 0.8 0 0.81184065236705 9 63032 51171.94 AIRTELAFRI 298.9 298.9 – – […]Read More

27 Views FBN Holdings Plc is to divest its 65 per cent equity in FBN Insurance Limited to Salam (PTY) Limited, which currently holds 35 per cent stake in the insurance firm. In a notification to the Nigerian Stock Exchange (NSE), it explained that the proposed sale was in line with FBN Holdings’ “strategic objectives.” […]

17 Views The Central Bank of Nigeria (CBN), has rolled out plans aimed at rebooting the Nigerian economy that has suffered disruptions arising from the COVID-19 (coronavirus) pandemic. In a position paper, “Turning the COVID-19 Tragedy into an Opportunity for a New Nigeria,” made available to Nigerian Tribune, the CBN governor, Mr Godwin Emefiele opined […]

1 Views The International Monetary Fund, IMF, has called on the Nigerian government to roll out more fiscal support to fight the COVID-19 pandemic. Director, Africa, IMF Africa Department, Abebe Aemro Selassie, made this call during a press briefing to unveil the IMF Regional Economic Outlook for Sub Saharan Africa, at the ongoing World Bank/IMF […]

3 Views The nation’s power sector lost an estimated N65.56bn in March due to constraints from insufficient gas supply, distribution and transmission infrastructure. Data obtained from the Advisory Power Team in the Office of the Vice President showed that lack of gas was the biggest factor that limited power generation last month. The sector started […]

0 Views A flight to safety bid pushed the dollar higher against its peers on Thursday after dire retail and factory data showed the severity of the collapse in U.S. economic activity caused by the novel coronavirus pandemic. The dollar’s index against a basket of six other major currencies =USD stood at 99.632, maintaining the […]