28.2 C
Lagos
Sunday, September 25, 2022
Market index gained further at the end of yesterday trading session on the back of bullish performance sustained by bargained hunting. The domestic equities market advanced 0.5% on Thursday trading session to settle at 29,347.62 points following gains in bellwether stocks - GUARANTY (+2.1%), FBNH(+6.1%) and UBA (+2.4%). As a result, market capitalisation rose by...
Expert Advises Private Property Operators to Embrace PPP Scheme
Price of onion crashes in Katsina —NAN survey The price of onions has crashed from N30,000 per 100kg to N10,000 in Katsina, the  News Agency of Nigeria (NAN) reports. A market survey conducted by NAN on Thursday in Katsina showed that two months ago 100kg bag of onions was being sold...
"We Advocate a Hike in Tax Rate", FBNQuest
Multi-Tiered FX Policy Regime to remain-FBNQuest FBNQuest capital, an investment banking firm has said that, multi-tiered foreign exchange policy regime to remain, as there have been significant improvement in the Central Bank of Nigeria’s intervention. Some experts are of the opinion that the recent regime has achieved significant success, and...
FBNQuest Capital asks FG to Hike Tax Rates Selectively
ASI Down 1bp as investors gain N95 billion
Experts laud MPR reduction, say industrial operators to benefit Experts have lauded the Monetary Policy Committee for the bold step taken to reduce the nation’s monetary policy rate from 14% to 13.5%, say fast moving consumers goods and other productive sectors stand to gain more as lending rate will be...
FBNQuest, an investment banking firm, has said that the Nigerian Stock Exchange (NSE) is the weakest performer from beginning of the year to date of the three stock market the firm track in the Sub-Saharan of Africa. NSE market capitalisation has been hovering below N12 trillion since the beginning of...
When Peter Amangbo took over as the Group Managing Director/Chief Executive Officer (GMD/CEO) Zenith group in mid-year of 2014