Tuesday, January 19, 2021

NSE Revolutionises Public Offerings Subscription with Electronic Platform

The Nigerian Stock Exchange (NSE or The Exchange) has announced the launch of X-PO, an online platform for the subscription of public offerings (POs)...

NSE market capitalization hits N19trn as border reopens

The Nigerian Stock Exchange (NSE) market capitalisation on Friday rallied by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically,...

Nigerian equity market sustains uptrend, gains 2.1%

The Nigerian equity market continued maintained an appreciation on Thursday, driven largely by gains recorded by Airtel Africa, Dangote Cement and Zenith Bank. The All-Share...

Pressure continues to mount on Naira, depreciates to N478/$ in the parallel forex market

There is renewed pressure on the Naira at the parallel market as it shed N2 again the Dollar to exchange at N478/$ on Thursday...

Nigeria’s economic growth to be affected by oil price – Moody’s

Moody’s Investors Service has stated that Nigeria’s economic growth will be severely affected by the volatility of the oil price in the international market. In...

Market grows by 1.7% as trading resumes

The first trading session of the week opened bullish following the 1.73 per cent growth recorded by the Nigerian Stock Exchange (NSE) market on...

Banks record ₦42.4b decline in non-performing loans

A recent report by the National Bureau of Statistics (NBS) has shown that Nigeria’s banking sector non-performing loans dropped by N42.4 billion in three...

Nigeria’s oil exports rose by 56% in Q3

Nigeria more than doubled its crude oil exports in the third quarter of this year to N2.42tn according to data obtained from the National...
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