- Naira Touches N1,395 to US Dollar as FX Order Book Surges
- Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet
- Oil Prices Edge Higher, Brent Rises 5% Week-on-Week to $115
- FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
- XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
- UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s
- Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn
- CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria
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.
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Pension Assets hit 9.583 trillion, as Funds Managers favour corporates securities. Having surged by about 2% month on month, Pension Fund Assets under management hits N9.583 trillion, the unaudited valuation report for September has revealed.
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Tantalizer share unattractive as food restaurant chain declares loss Tantalizer Plc, Nigerian fast food restaurant chain, could not sell as much to cover its operating cost, its 9-month result for financial year 2019 shows. The company loses 7k on every share outstanding in the period. At the close of trading today, shareholders 3,211,627,907 shares outstanding in Tantalizer worth N642.325 million. The fast food restaurant chain’s share has not been performing in the stock market since the beginning of the year when it opened at 21 kobo, now trading at 20 kobo, an obvious lack of liquidity support. Meanwhile, at fair…
FBN Holdings scale balance sheet repairs hurdle, says won’t grow loan above own risk appetite
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