Market Update for the Week Ended November 13 and Outlook for Nov 16-20 By Investdata Analysts The nation’s stock market last week went on fire following...
The Federal Executive Council (FEC) ratified Nigeria’s membership of the African Continental Free Trade Area Agreement (AfCFTA) on Wednesday in Abuja. Minister of Information and Culture,...
The key market performance measures, the NSE All Share Index and market capitalisation, rose by 1.90 per cent as market sentiment extended gaining streaks, following investors’...
The Nigerian Railway Corporation (NRC) says it will commence skeletal operations on the Lagos-Ibadan Standard Guage Rail line from the middle of September with 16 trips...
Market Update for November 11 By Investdata Analysts The bull-run on Nigeria’s equity market continued at the midweek still very volatile, closing higher on a positive...
Africa’s Internet economy has the potential to reach 5.2 per cent of the continent’s gross domestic product (GDP) by 2025. e-Conomy Africa 2020, a new report...
Over 1.5 million UK SMEs have stopped trading internationally this year which could cost the UK £20 billion, due to the impacts of COVID-19 and uncertainty...
November 2020 Economic Insight By NOVA Reasearch Analysts Dollar Rationing to Persist on Meagre Inflows and Rising Outflows The CBN intervention across segments of the FX...
Market Update for November 10 By Investdata Analysts Tuesday’s trading on the Nigerian Stock Exchange (NSE) remained very volatile and mixed to continue its bull rampage...
The total revenue generated by two of the major oil marketing companies in the country from the sale of aviation fuel plunged by 58.2 per cent...
U.S. crude oil production is expected to fall by 860,000 barrels per day (bpd) in 2020 to 11.39 million bpd, the U.S. Energy Information Administration (EIA)...
The dollar fell on Wednesday as optimism about a potential coronavirus vaccine was offset by worries about how the drug will be delivered and by a...
The Nigerian equity market on Monday closed on a positive note with a gain of N641 billion to sustain a positive trend. The market breadth closed...
The economic cost of the #EndSARS protest disruption is estimated at N1.5 trillion, approximately 1.03 per cent of the GDP and 11.47 per cent of the 2021 budget,...
Says 4IR offers greater revenue-earning potential _________________________ Umar Danbatta, the executive vice chairman of the Nigerian Communications Commission (NCC), has underscored the centrality of economic diversification...
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...