Despite sustaining weekly positive sentiments, the bullish momentum in the local bourse lost steam as investors took a breather to digest corporate earnings released thus far....
Market Update for November 4 By Analysts at Investdata Midweek’s transactions on the Nigerian Stock Exchange was mixed and volatile, extending the gaining momentum for the...
Nigerian equities on Wednesday rose marginally by 0.03 per cent amid sustained bargain hunting activity. The All-Share Index (ASI) increased by 8.41 absolute points, representing a...
Germany’s Lufthansa on Thursday posted a two billion euro loss in its third quarter as it prepares for a “hard and challenging winter” over lockdowns to...
Hadi Sirika, Nigeria’s minister of aviation, has cautioned members of the Airlines Operators of Nigeria (AON) against accusing his ministry and aviation regulatory agencies for the...
Nigeria’s total Value Added Tax (VAT) generated so far in 2020 has hit N1.08 trillion within nine months, the Nigerian Bureau of Statistic (NBS) has revealed....
The board of Ikeja Hotels Plc, owners of the Sheraton Lagos Hotel says it has dragged the state government to court over the purported revocation of...
By Investdata Analysts At the end of Tuesday trading on the Nigerian Stock Exchange (NSE), the benchmark All-Share index closed higher, reversing the previous session’s loss...
The Central Bank of Nigeria (CBN) has said the firms that participated in its latest business expectations survey expect borrowing and inflation rates in the country...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria’s total public debt will hit N38 trillion by December 2021. Ahmed said this...
The Nigerian local bourse rebounded on Tuesday, following significant interest in DANGCEM that led to 5.6 per cent, alongside CAP Plc and 23 other gaining stocks...
Following disclosure by Hadi Sirika on Monday that the federal government had approved the sum of N5 billion bailout fund to help airline operators and other...
The International Air Transport Association (IATA) has cautioned airlines that to keep their operations afloat, there is the need to align their operating costs in line...
Stock Market Update for November 2 By Investdata Analysts Nigerian equity prices suffered a marginal decline on Monday as volatility continued amidst profit taking that halted...
Nigerian equities Sheds 0.17% as profit-taking returns Trading in the domestic equities market started the week and month on a sour note, as sell-offs of some...
MTN Group disclosed it had exited its 18.9 per cent stake in African online retailer, Jumia, making R2.3 billion (equivalent to N53.82 billion) in net proceeds....
COVID-19: FG approves N5bn bailout funds for airlines, others The Federal Government has approved the sum of N5 billion as a bailout for airline operators and...
In the two-year period of 2020 and 2021, remittances to low and middle income countries will experience significant decline to the tune of $978 billion. This...
The Nigerian Stocks Exchange defied negative performance by most other stock exchanges in the global market as it ended activities for October in the green territory....
By Investdata Analysts October was a great trading month, as the Nigerian Stock Exchange (NSE) recorded its highest monthly gain since February 2018 with the benchmark...