Oil rises to $56 on US stimulus prospects Oil prices rose for a second consecutive day on Wednesday, as the market expects the new United...
FAAC disburses N619.343bn to FG, states LGs The Federation Accounts Allocation Committee (FAAC) on Wednesday at its virtual meeting shared a total sum of N619.343...
Equities market rebounds amid insurance rally; investors gain N50bn The Nigerian equities market closed Wednesday’s trading session on a positive note amid renewed interest in...
Airtel Africa to present 9-month scorecard The board of Airtel Africa Plc has announced plan to tender its performance metrics for the nine months to...
NSE’s N38.56trn value: Between IPO and debt capital raising At the close of the year 2020, the aggregate worth of investment at the Nigerian Stock...
Mixed session ahead, as investors bet on MPC outcome, full-year earnings By Investdata Analysts Profit taking on the Nigerian Stock Exchange continued Tuesday, in...
How local investors stimulate N1.03trn share deals in 2020 – Onyema Oscar Onyema, the chief executive officer of the Nigerian Stock Exchange (NSE) has given...
Equities: Selloffs in bellwethers trigger N55bn loss in 2 days Selloffs in some bellwether stocks on Tuesday have forced the Nigerian equities market to remain in...
A cautious start to a busy week By Hussein Sayed, FXTM Analyst Following a solid start to the year, investors are turning more cautious as...
NNPC rakes in $120.49m crude oil revenue in September The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and...
COVID-19: IOSCO releases insights to help capital market regulators contain risks The Board of International Organisation of Securities Commissions has published a report that seeks...
Market Update for the Week Ended January 15 and Outlook for January 18-22 By Investdata Analysts The Nigerian Stock Exchange (NSE) sustained a positive momentum and...
FMDQ admits N37bn worth fresh commercial papers FMDQ Securities Exchange Limited has admitted for listing the quotation four new commercial papers of three companies with...
External reserves rise by $930m in two weeks The country’s external reserves rose by $930 million from $35.37 billion as of December 31, 2020 to...
Fitch predicts $6.63 surge in Nigeria’s external reserves in 2021 Fitch Ratings has predicted that Nigeria’s external reserves would surge by $6.63 billion to hit...
Investors trade N32.7bn worth shares to net N552bn weekly gain Investors in the Nigerian capital market have raked in N552 billion in profit at the...
AMCON set to launch national carrier with Arik, Aero planes The planned takeoff of the national carrier, Nigeria Eagle, has reached an advanced stage as...
Inflation defies border reopening order, peaks at 15.75% YoY Inflationary pressure on cost of items in Nigeria has raged on unabated in December as headline...
Ardova set to acquire Enyo Ardova Plc (AP), a leading Nigerian integrated energy company, and the shareholders of Enyo Retail and Supply Limited (Enyo) have...
Market Update for January 12 By Investdata Analysts Nigeria’s stock market on Tuesday extended its bullish transition for the second consecutive session on positive sentiments for...