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...
Today: Bitcoin extends tumble in further blow to volatile crypto boom Bitcoin resumed declines today Wednesday as the digital coin heads for its worst week...
Angola’s economy to get boost with fresh $488m IMF loan The International Monetary Fund (IMF) approved the disbursement of $488 million to Angola and reiterated...
Rising appetite for undervalued stocks boost equities by N76bn The Nigerian equities market sustained uptrend on Tuesday amid renewed interest in undervalued stocks, leading to...
Zoom Video raises $1.75bn in new stock offering Zoom Video Communications Inc. is raising $1.75 billion through a stock offering, capitalising on enduring demand for...
Aviation professionals petition minister over N120bn pension fund The Association of Nigeria Aviation Professionals (ANAP) has expressed concern over the inability of workers at the...
Dangote Cement completes share buyback first tranche with 40.20m shares Dangote Cement Plc has announced the completion of the first tranche of its share buyback...
Equity market rebounds with N16bn gain The equity market, on Monday, returned to positive territory as the Nigerian Stock Exchange All-Share Index (NSEASI) and market...
Analysts forecast 0.51% spike in December inflation As Nigerians await the latest official inflation figure from the National Bureau of Statistics, analysts at Financial Derivatives Limited...
Murtala Mohammad Airport records 551,380 passengers in five months The Murtala Mohammad Airport, Ikeja, domestic terminal, recorded a total of 551,380 passenger movements (landing and...
Mixed performance may continue on interests in undervalued, dividend stocks Market Update for January 11 By Investdata Analysts Transactions on the Nigerian Stock Exchange kicked off...
Global air freight market remains depressed, says AITA Expects full recovery by March 2021 The International Air Transport Association (IATA) has released data for global...