Market Update for the Week Ended December 11 and Outlook for Dec 14-18 By Investdata Analysts The weeks after the huge rally in November on the...
Negative sentiments further dominated market performance at the Nigerian Stock Exchange (NSE) as profit-taking pressure by investors continued, a trend that brought the market to its...
By Investdata Analysts The nation’s equity market maintained its bearish mode, closing flat for the second successive session on cautious trading and profit booking that reflected...
STOCK ANALYSIS: By Investdata Analysts Mixed performance and portfolio reshuffling continued on the Nigerian Stock Exchange (NSE) Tuesday, with the composite All-Share index closing flat, but...
Seeks tourism, air transport synergy The Nigerian aviation sector contributed at least $1.7 billion and created 341,000 direct jobs to the country’s Gross Domestic Product (GDP)...
The Director of Petroleum Resources (DPR), Sarki Auwalu, has promised to collaborate with the oil producers trade section (OPTS) of the Lagos Chamber of Commerce and...
The bearish outlook of the Nigerian equities market lasted yet another day as investors recorded the fourth negative close in a row with N16 billion loss...
Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown through Christmas and coronavirus cases continued...
First City Monument Bank (FCMB) Group has released its earnings forecast for the first quarter of next year, 2021. In the Q1 2021 forecast disclosed at...
The total value of Nigeria’s foreign trade from January to September is estimated at N23.2 trillion, while trade in the third quarter of 2020 (Q3 2020)...
Trading in the Nigerian equities market closed in the red on Monday as following 8.5 per cent sell-offs in the stocks of Ecobank (ETI), 1.8 per...
The Federal Account Allocation Committee (FAAC) disbursed a sum of N639.9 billion to the three tiers of government in October 2020 from the revenue generated in...
By Proshare Research Ecobank Transnational Inc. (ETI) result has been resilient in the face of harsh continental macroeconomic challenges caused by the COVID-19 pandemic. The growth...
Market Update for the Week Ended December 4 and Outlook for Dec 7-11 By Investdata Analysts Amidst Mixed Short-term Outlook On NSE The first trading week...
Desmond Esorougwe, publisher and editor-in-chief of The Africa Brands magazine, has reiterated the need to properly profile the Africa oil & gas industry among its counterparts...
The Nigerian stock market managed to eke out a weekly gain of N137 billion amidst profit-taking pressure, as the All-Share Index (ASI) ended the week 0.7...
AsMixed Trends Continue Market Update for December 3 ___________________________ By Investdata Analysts Again, Nigeria’s equity market suffered marginal losses on Thursday to continue pullbacks as traders...
Facebook plans to release its digital currency, Libra, in January, 2021 to offer a cross-platform payment system. Libra, which is still awaiting approval from FINMA (the...
Market Update for December 1 By Investdata Analysts The nation’s stock market raced higher on Tuesday, opening the month of December in green, after recording the...
The Nigerian equities market extends bullish run to commence a new month as the first trading session in the month of December was characterized with a...