Author: Marketforces Africa

Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN)

The Federal Government says while oil prices are on the rise, Nigeria is not reaping the full benefits

Naira has been enmeshed in trading mires, and large numbers of Nigerians appear to be confused

Samuel Banmeke, equity analyst at Meristem Securities, a Lagos-based investment banking firm

The U.S dollar was weaker against its major trading partners early Friday ahead of the release

United Capital Plc, a financial services group, says its board of directors has approved

Nigerian maize farmers under the auspices of Maize Farmers Association of Nigeria, MAAN

The Debt Management Office (DMO), says borrowings by countries to finance budget deficits

The removal of Russian bonds from major indices has led to divestment and liquidity challenges

NGX Rises, Sterling Bank Gains, FCMB Dips The Nigerian Exchange market capitalisation rises about N4 billion midweek after long days of losing streaks as equity investors traded exits. Today, Sterling Bank was among stocks that drove market momentum while there was a sell down in FCMB. Halting the four consecutive sessions of a downtrend, the Nigerian Exchange performance indicators made a marginal uptrend, inched up 0.02% on accounts of bargain hunting in 16 stocks. Consequently, the local bourse All-Share Index increased by 7.38 basis points representing 0.02 per cent appreciation, to close at 47,163.94 points. Overall, the equity market capitalisation…