Tuesday, January 19, 2021

NSE Revolutionises Public Offerings Subscription with Electronic Platform

Markets Anthony Godspower - 0
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)...
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NSE market capitalization hits N19trn as border reopens

Markets Anthony Godspower - 0
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,...
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Nigerian equity market sustains uptrend, gains 2.1%

Markets Anthony Godspower - 0
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...
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Pressure continues to mount on Naira, depreciates to N478/$ in the parallel forex market

Markets Anthony Godspower - 0
There is renewed pressure on the Naira at the parallel market as it shed N2 again the Dollar to exchange at N478/$ on Thursday...
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Nigeria’s economic growth to be affected by oil price – Moody’s

Markets Anthony Godspower - 0
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...
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Market grows by 1.7% as trading resumes

Markets Anthony Godspower - 0
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...
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Banks record ₦42.4b decline in non-performing loans

News Anthony Godspower - 0
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...
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Nigeria’s oil exports rose by 56% in Q3

Markets Anthony Godspower - 0
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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EFCC arraigns ‘Mama Boko Haram’ on fresh N41.7m fraud charges

BusinessLive - 0
The travails of Aisha Alkali Wakili alias Mama Boko Haram are yet over as the Economic and Financial Crimes Commission (EFCC) Maiduguri Zonal Office,...
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Economy

CBN finances N2.86trn of FG’s 2020 fiscal deficit

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The Central Bank of Nigeria (CBN) financed the Federal Governments (FG) 2020 fiscal deficit to the tune of N2.86 trillion, equivalent to 46.6 percent...
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Pension industry fund assets rise to N12.29tr

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The pension industry fund assets rose to N12.29 trillion by November 30, 2020. This represented a 1.94 per cent increase when compared with N12.053...
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Companies

Zenith Bank board meets to discuss results, final dividend

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The Board of Directors of Zenith Bank Plc will meet on Thursday 28, 2021, to discuss the audited financial statements (AFS) for the year...
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News

Pension industry fund assets rise to N12.29tr

BusinessLive - 0
The pension industry fund assets rose to N12.29 trillion by November 30, 2020. This represented a 1.94 per cent increase when compared with N12.053...
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News

Nigerian stocks buck global downtrend with N552b gain

BusinessLive - 0
Nigerian equities played the contrarian amid global stock market decline as sustained bargain-hunting ahead of the earnings season roused Nigerian shares to a net...
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