The Central Bank of Nigeria (CBN), on Friday, March 1, 2024, successfully concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments...
Edo State Governor, Mr. Godwin Obaseki, has predicted tougher economic times for the country due to bad economic policies by the Federal Government, condemning the decision...
In the first trading session of the week, the local bourse posted gains as the benchmark index gained 0.10% to close at 98,847.89 points. Investors interest in BUACEMENT (+4.44%), GEREGU (+2.35%), and...
The Federal Government has imposed a $10 billion fine on the crypto trading platform, Binance, over allegations of influencing the country’s forex crisis. Bola Onanuga, The...
Bearish sentiments dominated the market in the last trading session as the All-Share Index lost 1.23% to close at 98,751.98 points. Selloffs in BUACEMENT (-10.00%), MTNN (-9.96%) and FIDELITYBK (-3.85%) outweighed gains in...
Breaking the three days losing streak, the local bourse posted gains as the benchmark index advanced by 0.72% to close at 99,980.30 points. Gains in GTCO (+10.00%), ZENITHBANK (+7.86%) and FBNH (+1.27%), contributed...
The bears continued to dominate the domestic bourse, as the All-Share Index sheds 1.31% to close at 100,582.89 points. Sustained selloffs in Teir-1 banking name, FBNH (-9.97%), GTCO (-8.75%) and...
Africa’s Debt to Stay Above Pre-Pandemic Levels Through 2025,Africa’s public debt will stay above pre-pandemic levels in 2024 and 2025, with many countries still at risk...
Central Bank of Nigeria Monetary Policy Committee has said that the nation’s gross external reserves stood at $34.51 billion on February 20, 2024, compared with $32.23...
Today, the domestic bourse extended losses from the previous session, as the All-Share Index lost 1.38% to close at 100,582.89 points. Selloffs in MTNN (-9.94%), FBNH...
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says the Naira is grossly undervalued. Cardoso said this on Tuesday in Abuja, while...
Opening the week, the domestic bourse nudged slightly lower, outturning the gains from the previous session, bringing the All-Share Index down by 0.09% to close at 101,995.21 points. Bearish...
Shares of Rivian Automotive Inc. rose Monday, but only after it just suffered its worst week since going public, in the wake of the electric-vehicle maker’s...
Africa Finance Corporation (AFC), a leading infrastructure financier, has pledged up to US$40 million to support the construction of the African Medical Centre of Excellence (AMCE)...
The Nigerian equities market was bullish today as the All-Share Index (ASI) rose 0.84% to close at 102,088.07 points. Buy interests in BUAFOODS (+6.27%), FBNH (+6.90%),...