By Investdata Analysts Nigeria’s stock market again closed lower for the third consecutive session on Thursday with the trading pattern and negative sentiments revealing selloffs in...
Following volatility in the country’s economy, the Manufacturers Association of Nigeria (MAN) has disclosed that inventory of unsold products has risen to an all-time high of...
The bears dominated the local bourse for the third consecutive session, as profit-taking on ZENITHBANK (-1.8%) and DANGSUGAR (-5.9%) stocks dragged the All-Share Index lower. Pertinently,...
The Johannesburg Stock Exchange (JSE), Africa’s largest stock exchange by market capitalisation, has listed two global environmental, social and governance (ESG) focused exchange traded funds (ETFs), the...
The Federal Government of Nigeria has reassured that the deduction of the Budget Support facility to States would remain suspended until April, 2021. Recall that the...
Market Update for September 16 By Investdata Analysts The nation’s stock market ended midweek’s trading session mixed and lower expectedly on the back of the price...
The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds....
The coronavirus crisis cost the global tourism sector $460 billion in lost revenue during the first six months of 2020 as the number of people travelling...
Gold and silver’s impressive rally this summer is just the start of the precious metal bull market, according to one Canadian Bank. In a report published...
Profit-taking continued to hold sway at the Nigerian Stock Exchange (NSE) during the midweek trading on Wednesday following sell-offs in WAPCO which shed -3.7 per cent...
By Investdata Analysts After sessions of marginal gains, the benchmark All-Share index of the Nigerian Stock Exchange (NSE) turned negative on Tuesday when trading was mixed...
Business Metrics with Agency Report _________________________ Oil prices rose more than two per cent on Tuesday, supported by hurricane supply disruptions in the United States, but...
As local currency plunges further to N460/1$ _____________________________ Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has blamed loss of value by the country’s...
The consumer price index, (CPI) which measures inflation increased by 13.22 per cent Year-on-year (YoY) in August 2020 according to the latest report by the National...
The federal government of Nigeria is working to create at 1.5 million construction jobs and 1 million supply jobs in the next five years via a...
The federal government of Nigeria has launched an initiative as part of the Economic Sustainability Plan (ESP) to achieve the roll out of 5 million new...
Monday’s trading on the Nigerian Stock Exchange (NSE) closed slightly higher on increased buying wave in manufacturing and banking stocks that pushed the composite All-Share index...
As stocks gain N7bn ______________________ Trading activities on the shares of GUARANTY, Stanbic IBTC and MTN Nigeria were responsible for increased value of traded stocks on...
Participants at a webinar to organised by the African Development Bank (AfDB) have reaffirmed the the claim that despite incursion of coronavirus pandemic that disrupted the...
Operations of Arik Air were on Monday shut down by the aviation unions over alleged non-payment of staff salaries since April after placing many of the...