Analysts Cut Nigeria’s Growth Estimate for H2:2023

Economy July 17, 2023

On the back of weak indices, Nigeria’s leading investment firms have signaled that the local economy

FBNH Halts Uptrend, Loses 22% to Market Correction

Analysis July 17, 2023

Reversing the previous trend, FBN Holdings plc saw a significant market valuation loss of 22% in a week

Putin Threatens to Retaliate with Cluster Bombs if Ukraine Uses U.S. Munitions

Foreign July 17, 2023

Russian President Vladimir Putin threatened to retaliate with cluster bombs if Ukraine uses U.S.-supplied munitions

Fidelity Bank Loses 25% of Its Market Value

Analysis July 17, 2023

Fidelity Bank Plc lost a quarter of its market value in a week due to investors’ weak sentiment

Naira Loses N27 in Organised Market, BDCs Sell Dollar N815

News July 17, 2023

The Nigerian naira crossed another fresh red line in 2023 as foreign currency demand outpaced the United States

Access Bank Plc Loses 20.3% After Acquisition Notice

Analysis July 16, 2023

Access Holdings Plc lost more than 20% of its market value to selloffs in the local bourse following a move to acquire Standard Chartered Bank

Geregu Power Jumps to N825bn After Earnings Release

Analysis July 16, 2023

After staying quiet over a long period, Geregu Power Plc has resumed a fresh uptrend as its market valuation hits N825 billion

Liquidity: CBN Crashes Treasury Bills Rates Further

Markets July 16, 2023

The Central Bank of Nigeria (CBN) sold Treasury bills instruments to fixed income investors at lower rates

Nigerian Exchange Struggles to Keep Uptrend, Loses N256bn

News July 16, 2023

The equities segment of the Nigerian Exchange (NGX) declined by more than N256 billion due to profit-taking…

CBN Sets Fresh Limits on Shareholdings, Insider Loans in Banks

News July 16, 2023

The Central Bank of Nigeria (CBN) has raised the bar on banking regulation in reaction …

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