Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July. The drop is coming after Saudi Arabia made the deepest monthly...
By Hussein Sayed, Global equity markets are showing some signs of stabilisation following two brutal days late last week which dragged the S&P 500 and the tech-heavy...
Currency markets had a relatively directionless session on Friday, with the US dollar holding onto its corrective gains after US yields spiked after the US employment...
Reports show that Ethiopian Airlines has a large array of routes making it a significant airline for
profit-taking is very imminent this week as the stock market opens to commence activities after another weekly gain of N160bn recorded last week
Market Update for the Week Ended September 4 and Outlook for Sept 7-11 By Investdata Analysts The nation’s equity market extended its positive narrative for the...
Fidelity Bank Plc has posted a 33.01 per cent increase in profit after tax for the half year ended June 30, 2020. The bank’s interim statement...
Revenues shrink by N175bn as Nigerian govts share N606bn in May Nigeria’s federation account allocations dipped in June 2020 as the impact of COVID-19 took a...
Friday’s key NFP report may decide if King Dollar can lay a finger on its battered throne in the medium-term,
Guaranty Trust Bank (GTBank) has posted a profit before tax of N109.7 billion for the first half this year, 2020. The tier-1 lender revealed this information...
Nigeria has barred airlines from a number of countries as it resumes international passenger flights on Saturday. Ten airlines have not been allowed to operate –...
Gains N27bn; index ups 0.20% __________________________ Sentiment remains positive at the Nigerian Stock Exchange (NSE) as investors continue to have good days with the released of...
As the global economy continues to count losses to the impacts of coronavirus pandemic, the Nigerian economy has recorded significant fall in its foreign trade portfolio...
The Nigerian equities market retained positive outlook to end activities on Wednesday as investors took strong position in STANBIC stocks which appreciated by 2.7 per cent...
The new refinery, with a capacity to produce 200,000 barrels per day and 10 million tonnes per annum, is expected to be operational in 2024.
Savers entrust lender with N4.8trn in 6 months Profit before tax at N57.1bn Gross earnings surpass N300bn Asset valuation hits N6.8trn __________________________ The United Bank for...
By Investdata Analysts Tuesday trading session on the Nigerian Stock Exchange (NSE), the first for September, maintained a positive outlook, to start the final month of...
As a result of the coronavirus pandemic, Nigeria’s capital importation plunged 78.6 per cent in the second quarter year-on-year to $1.295 billion, as lower oil prices...
Latest figures from the Nigerian National Petroleum Corporation (NNPC) have shown that the government-owned oil firm made an under-recovery of N5.348 billion in June this year....
Market Update for the Week Ended August 28 and Outlook for August 31- Sept 4 By Investdata Analysts Trading on the Nigerian Stock Exchange (NSE) for...