Finance experts have said that the appointment if Ebenezer Onyeagwu as Zenith bank chief as a right step for the bank. They are of the view that the incoming Chief Executive Officer/Group Managing Director has a strong profile, expertise and experience relevant to take the group to a new...
The earnings season has not been strong enough to reverse the market from bearish move as money market continues to edge out equity for significant part of the first quarter trading session. Tracking the index and volume of trades, it has been observe that the investing communities have shifted...
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...
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...
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...
