Stocks shed N66bn, market cap drops below N21tn The local bourse slid into the red zone following selloffs in large and Mid-Cap stocks on...
Ecobank Nigeria’s $300m bond berths on London Stock Exchange Ecobank Nigeria on Thursday opened the market at London Stock Exchange (LSE) via a virtual...
By Analysts at Zedcrest Capital FGN Bonds The FGN Bond market continued to trade on a strong note, as spreads tightened at the belly and tail...
Bitcoin collector MicroStrategy invests fresh $1bn on Bitcoin Major bitcoin corporate backer MicroStrategy Inc. said today, Wednesday, that it bought another 19,452 bitcoin, worth around...
SEC tackles court ruling vindicating OANDO Plc The Securities and Exchange Commission (SEC) has faulted reports that a shareholder of Oando Plc, purportedly obtained a...
Why Nigerian stocks are turning around After weeks of downtrend, the Nigerian equities market is beginning to see a turnaround to return to the green...
2020: Zenith Bank defies pandemic to post good numbers Despite the pandemic and economic distruption that characterized the year, Zenith Bank Plc posted good numbers....
Morocco’s central bank, Bank Al-Maghrib (BAM), is considering launching a central bank digital currency (CBDC), according to CoinDesk. A Central Bank Digital Currency (CBDC) is the digital form of a...
Proposes 70k dividend United Capital Plc (United Capital), Nigeria’s leading investment bank and a foremost Pan-African financial and investment services group, has reported impressive numbers...
FMDQ Exchange admits Parthian Partners’ N20bn commercial paper FMDQ Securities Exchange has registered the Parthian Partners Limited N20 billion Commercial Paper (CP) Programme to...
Court nullifies SEC’s suspension of Oando’s AGM A high court at the Federal Capital Territory yesterday nullified Security and Exchange Commission’s (SEC) indefinite suspension...
Dead cat bounce as equities gain N6bn to halt downtrend There was a brief respite in the stock market on Tuesday as trading in the local...
Bitcoin faces price turbulence as market liquidity falls With liquidity falling in the bitcoin market, smaller trades can have a relatively large price impact,...
Trade volume slides by 42.6%; value contracts 22.9% Investors lose N130bn Experts expects dividend news to temper sell-offs For the third week in a row,...
IMF backs CBN’s restriction on use of cryptocurrencies In what appeared as a way of baking Nigerian apex bank’s ban of cryptocurrency transactions in the...
NSE daily turnover plunges 54% as market CAP sheds N15bn It was a grossly bearish session for equities investors trading on the floor of...
IFC partners Moroccan Capital Market Authority on sustainable finance The International Finance Corporation (IFC) has signed an agreement with the Moroccan Capital Market Authority (AMMC)...
Bitcoin defies U.S. rising bond yields to hit historic $51,000 Despite an uptick in U.S. government bond yields, Bitcoin’s dizzying bull run is showing no...
FOREX: CBN defends naira with $21.18bn in 11 months In bid to meet demands and further strengthen naira, the local currency, the Central Bank...
FMDQ process N215trn deals in 2020 The estimated total turnover Fixed Income and Currencies (FIC) markets for the full year 2020 stood at N215.08 trillion,...