- Seplat, FirstHoldco Boost Stock Market Cap, Investors Gain N1.38tn
- NAHCO’s Air France-KLM Mandate Opens Higher-Value Growth Chapter
- XRP Price Slumps by 5% on Fed Hawkish Comment Reactions
- FTSE Russell Upgrades Nigeria to Frontier Market Status
- GCR Upgrades Coronation Merchant Bank Ratings to BBB+/A2
- Alibaba Tokenized bStocks Dips by 2% on Thin Transactions
- Crude Oil Prices Decline as Supply Outlook Improves
- Huge Funds Chase Nigerian OMO Bills in Search for 21% True Yield
Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
FMN Plc. share stays flat despite border closure driven earnings beat. Flour Mills of Nigeria Plc. beats analysts’ estimates as government policy on border closure impacted performance positively.
FCMB tops Q4 profit estimate as lender cuts impairment charge
Declining demand for Pharma-Deko products widen loss. It has been a bad time to do business for Pharm-
Derivative market: NSE, SEC Train Capital Market Operators on Legal, Regulatory Requirements
The Nigerian Stock Exchange organised a Workshop on the legal and regulatory requirements of Derivatives trading for capital market operators yesterday at the Exchange House in Lagos.
External reserves fell $57.6 million in January, edge toward resistance level. Weak inflow, high usage of dollar inflow into the nation’s external reserve has reduced the external buffer for defending the Nigeria’s local currency, naira.
CRR hike Fuels Bearish Sentiments as Average Yield Inches to 3.7%. Afrinvest, a leading investment banking firm, stated that the recent hike in cash reserve ratio fueled bearish sentiment experienced in the secondary market as average yield spikes to 3.7%.
How to use FGN Savings Bond to plan school, marriage expenses others. FGN Savings Bond for the month of February 2020 opened on Monday. You should buy if you have some cash left in your deposits account.
Strong earnings fail to lift Consolidated Hallmark share price. Consolidated Hallmark Insurance Plc, a General Business and Special Risks Insurance underwriting firm grew profit for 2019 by 56.6% to N636.934 million.
Sterling Bank after tax profit jumps 9.4% amid increase regulation. Despite an increased regulation that defines the banking sector operation in the second half of 2019, Sterling bank Plc bolstered performance as both top and bottom line expanded.
Interswitch Limited Lists ₦23Billion Bond on Nigerian Stock Exchange. The Nigerian Stock Exchange has announced that it has listed Interswitch Limited’s N23billion Bond on Friday, 31 January 2020. The Exchange in a statement said the Callable Senior Unsecured Bond, with a tenor of seven years, at a fixed rate of 15 per cent, is part of a N30 billion Debt Issuance Programme issued through a Special Purpose Vehicle – Interswitch Africa One Plc.