NGX Gains N85bn as Investors Park Cash in Banking Stocks
NGX Gains N85bn as Investors Park Cash in Banking Stocks As equities investors continue to grow, the equities market capitalisation of the Nigerian Exchange (NGX) inched near N40 trillion market,…
Digital Finance, Future of Young Consumers – FCCPC
Digital Finance, Future of Young Consumers – FCCPC The Federal Competition and Consumer Protection Commission (FCCPC) says an improved knowledge of digital finance will help young consumers position themselves for…
XRP Holds Flat as DTCC Lists Ripple in Tokenisation Infrastructure
XRP Holds Flat as DTCC Lists Ripple in Tokenisation Infrastructure Ripple (XRP) price is holding flat around $1.09 over the last 24 hours, roughly unchanged on the day amidst sustained…
Price Surge: Pi Gains 10.5% Ahead of Protocol v25 Upgrade
Price Surge: Pi Gains 10.5% Ahead of Protocol v25 Upgrade Pi Network surges by 10.5% in 24 hours to $0.09344, significantly outperforming a broadly flat crypto market, driven primarily by…
Fidelity Bank Surges 15% on Improved Investors’ Sentiment, Confidence
Fidelity Bank Surges 15% on Improved Investors’ Sentiment, Confidence Fidelity Bank Plc.’s share price increased by 15% as investors continue to bet on the Tier-2 lender’s future earnings stream and…
MPC: Firms Predict Interest Rate Hold as Macro Stability Takes Priority
MPC: Firms Predict Interest Rate Hold as Macro Stability Takes Priority Nigeria is expected to prioritise macroeconomic stability by keeping its monetary policy rate (MPR) at 26.5% at the end…
Equities Market | NGX ASI open Q3 activities with a -0.04% dip
The Nigerian domestic bourse closed the day’s session with a -0.04% loss, as the NGX-All Share Index closed the day at 100,020.83 points. Investors’ sell-offs in ZENITHBANK (-2.52%), STERLIMGNG (2.32%),…
Q1-2024 Capital importation into Nigeria rises by 198.06% to US$3,40bn
The Q1-2024 report on ‘Nigeria Capital Importation’ indicates rising foreign investors’ confidence in Nigeria’s economic prospects and stability. According to the National Bureau of Statistics (NBS), the total capital importation…
Equities Market | NGX ASI closes 1bp higher as GTCO led activities
The Nigerian domestic bourse closed the day’s session with a marginal gain of +0.01%, as the NGX-All Share Index closed the day at 99,396.23points. Investors’ interest in SEPLAT (+10.00%), UBA…
African Development Bank expands urban support program to six new cities
The expansion, approved by the Fund’s 13th Oversight Committee, will help bolster urban development and address critical challenges faced by rapidly growing African cities The African Development Bank’s Urban and…