gti

338 posts

  • Value appreciation in MTNN and 27 others pushed NSE-ASI higher, gains 2.32%

    2 Views The Nigerian equities market today (Tuesday), closed positively, with a 2.32% gain, extending previous positive sentiment to four consecutive trading day, following value apprieciation on MTNN, ACCESS, ZENITHBANK, UBA and 24 others. Consequently, the market breadth closed positively, recording 28 gainers as against 12 losers.   NSE Trading Floor In summary, the All-Share […]
  • Daily Price List (NASD) – Tuesday, 14th April, 2020

    5 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE SDFCWAMCO 120 120 118 118 120 0 0 118 1 80000 9440000 TOTAL TRANSACTION (1) 1 80000 9440000 Read more https://gtigroupblog.com/daily-price-list-nasd-tuesday-14th-april-2020/
  • Oil hovers around $31 despite OPEC+ cut deal

    5 Views The international oil benchmark, Brent crude, wobbled on Monday, despite the historic oil production cut deal sealed by the Organisation of Petroleum Exporting Countries and its allies on Sunday. The OPEC, Russia and other countries agreed on Sunday to cut output by 9.7 million barrels per day in May and June, representing about […]
  • Debt service to revenue ratio rises to 48%

    8 Views The revision of the 2020 revenue framework has raised the Federal Government’s debt service to revenue ratio from the initial 29 per cent to 48 per cent. The Executive last Wednesday sent a revised 2020 budget proposal to the National Assembly following a drop in crude oil prices caused by the impact of […]
  • Rosabon offers Q2 Treasury Note at 16.5%

    18 Views Rosabon Financial Services has offered for subscription, its second quarter Treasury Note (RTN) at 16.5 per cent. This is to help customers save during this COVID-19 period. RTN,  a bulk fund placements  that allows individuals to gain high returns on disposable funds, is available for new and existing customers. It allows individuals to […]
  • IMF excludes Nigeria from 25 nations granted debt relief

    50 Views The International Monetary Fund has granted debt relief to 25 countries, mostly African nations excluding Nigeria. A statement by the Managing Director of the IMF, Kristalina Georgieva, said it would provide $500m in grant-based debt service relief to these countries. “Today, I am pleased to say that our executive board approved immediate debt […]
  • Saudi, Russia outline record oil cut under U.S. pressure as demand crashes

    8 Views OPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort to prop up prices hammered by the coronavirus crisis. But the group, known as OPEC+, said a final agreement […]
  • Dollar falls after Fed bolster lending and coronavirus fears ease

    10 Views The dollar was on course for a weekly loss on Friday as the U.S. Federal Reserve’s massive new lending programme for small companies and signs of a slowdown in coronavirus infections reduced safe-haven demand. The pound pulled ahead against the dollar and the euro as markets breathed a sigh of relief after British […]
  • Asia shares jump but pandemic hangs heavy over outlook

    9 Views Asian stocks bounced on Tuesday on hopes the coronavirus outbreak may be peaking, though sentiment was cautious ahead of Chinese trade data and corporate earnings as investors worried about a deep global recession. Chinese shares started firm with the blue-chip index .CSI300 up 0.7%. Australian shares were up 0.6% while South Korea’s KOSPI […]