The outcome of trading activities ended in the mix across the fixed income space last week as bond and OMO investors largely hung around on the...
The bears dictated proceedings in the domestic bourse, as profit-taking activities dominated market performance, with the All-Share Index (ASI) recording declines on all the trading days...
Amid mixed sentiment in the Nigerian fixed Income market, the overnight (OVN) rate in the money market contracted by 433 basis points week-on-week to 3.0%, last...
Securities and Exchange Commission (SEC), at the weekend in Lagos cautioned quoted companies and capital market registrars against engaging in selective payments and distribution of dividends...
Investors at the Nigerian equities market smiled all the way to the bank last week after a positive close with N44 billion profit to end downtrend...
NASD OTC Securities Exchange Index closed last week in the red as the NASD Security Index (NSI) which measures price movement in the market decreased by 0.10...
After its launch in 2009, Bitcoin ushered in a new era of blockchain technology and digital currencies. Given all the talk about Bitcoin, you’d think it would be...
Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that in less than four weeks, the eNaira app had witnessed almost 600,000 downloads since...
Bitcoin price crashed on Saturday, hitting a seven-week low after a new variant of coronavirus had emerged in South Africa. The world’s largest cryptocurrency dropped over 6 per...
By Afrinvest Research Global Macroeconomic Review & Outlook Recovery Weakens amid Resurging COVID-19 Cases The International Monetary Fund (IMF) in its January 2020 World Economic Outlook...
Sovereign Trust Insurance Plc. has released its third quarter results for the period ended September 30, 2021 and the underwriter posted double-digit growth in its key...
Flour Mills of Nigeria (FMN) Plc had an earnings call to discuss the ongoing acquisition of Honeywell Flour Mills Plc (HFMP) from Honeywell Group Limited...
The Nigerian equities market traded with mixed sentiments on Tuesday as a -2.7 per cent loss in INTBREW offset gains in 1.7 per cent profit recorded...
The money market is placed on high expectation to remain elevated in the double-digit region this week following expected debits by the Central Bank of Nigeria...
For the third consecutive week, Nigeria’s FX reserves nosedived by losing $102.58 million to close last week at $41.41 billion. According to experts, the sustained downtrend...
As investors scrambled to book profit on their equity assets last week, the local stock market was pulled down by 0.12 per cent to close the...
Shareholders of Conoil Plc have approved a total dividend payment of N1.04 billion, translating to 150 kobo for every 50 kobo share. The dividend was approved...
International Breweries Plc has reported a profit after tax of N367.5 million for the third quarter of 2021 as it managed to overcome a loss after...
A major concern for investors over the years is how they can manage to maneuver effects of inflation on the returns made from their investments. From...
The overnight (OVN) rate leaped to 15.3% at the close of activities in the money market last week as the Central Bank of Nigeria (CBN) debited...