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0 Views The Federal Government on Thursday announced that it was creating micro-distribution centres where users of cooking gas would access the commodity at affordable rates and   rent cylinders. It also disclosed that the Nigerian National Petroleum Corporation and other oil marketers would start installing Compressed Natural Gas pumps at filling stations in order to […]

1 Views The Federal Reserve’s stash of bonds and other assets grew to nearly $7 trillion this week, but several of its programs are seeing slackening demand from banks and investors, and a much-anticipated corporate bond-buying facility bought little in its first two days of operations. The Fed’s weekly report of holdings inside its massive […]

1 Views Asian stocks were set to rise on Friday amid investor optimism about the re-opening of the U.S. economy from coronavirus lockdowns and possibly more stimulus that could fuel a recovery. U.S. President Donald Trump said he was open to negotiating another possible stimulus bill amid the novel coronavirus pandemic, but “was taking his […]

1 Views Oil prices were mixed on Friday after big gains a day earlier when the International Energy Agency (IEA) predicted crude stockpiles would start to shrink in second-half 2020 after surging while the coronavirus pandemic slashed fuel demand. Brent crude was up 1 cent at $31.13 a barrel by 0115 GMT, after rising nearly […]

48 Views The Nigerian equity market on Thursday sustained previous day’s upturn, following price appreciation in some bellwether stocks. Consequently, the market breadth closed positively, recording 18 gainers as against 14 losers.   NSE Trading Floor In summary, the All-Share Index (ASI) increased by 183.48 absolute points, representing a growth of 0.77% to close at 23,892.92 […]Read More

7 Views SECURITY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE SDFCWAMCO 120 120 120 120 120 0 0 120 1 100 12000 SDNDEP 270 270 270 270 270 0 0 270 1 15000 4050000 TOTAL TRANSACTION (2) 2 15100 4062000 Read more https://gtigroupblog.com/daily-price-list-nasd-thursday-14th-may-2020/

34 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE ABCTRANS 0.35 0.35 – – 0.35 0 0.36 6 20003 7219.44 ACADEMY 0.3 0.3 0.3 0.3 0.3 0 0 0.30 3 160003 48000.9 ACCESS 6.35 6.35 6.35 6.25 6.3 -0.05 -0.79 6.30 145 2828733 17810046.55 AFRIPRUD 3.8 3.8 3.8 3.75 […]Read More

9 Views Airtel Nigeria reported a revenue growth of 24.1 per cent to $1.37bn in the year ended March 31, 2020, up from $1.11bn reported a year earlier. This growth, according to the company, is driven by 15.1 per cent voice revenue growth and 68.1 per cent in data revenue. The company’s financial report released […]Read More

13 Views The Federal Government said yesterday it was still looking forward to borrowing locally as well as tapping the international capital markets to finance its N5.36 trillion budget deficit for 2020 further threatened by the coronavirus pandemic. Minister of Finance and National Planning, Zainab Ahmed, who spoke in Abuja after a virtual Federal Executive […]

7 Views The Federal Executive Council on Wednesday approved N47.2bn to boost power supply in the country. It will supply additional 40 megawatts of power to the national grid, according to the Minister of Power, Mr Sale Mamman. He told State House correspondents after the FEC meeting, which was held via video conferencing, that the […]

10 Views The Nigerian Treasury Bills auctioned for the month of May was oversubscribed by N132bn. The Debt Management Office disclosed this on its website on Wednesday, adding that a total of N33bn was offered while it recorded a total subscription of N165.56bn. The treasury bills were auctioned across 91-day, 182-day and 364-day tenors. A […]

5 Views Oil prices crept up on Thursday, supported by a surprise decline of U.S. crude inventories, but gains were capped by worries that a potential second wave of the coronavirus pandemic might trigger fresh lockdowns and slam fuel demand once again. Brent crude futures rose 6 cents, or 0.2%, to $29.25 per barrel at […]