Nigerian Bourse Rallies after Dirty October

Stock Market November 2, 2022

The equities segment of the Nigerian Exchange (NGX) records gains on Wednesday, recovering from selling rallies

NB Plc.’s Shareholders Get N3.29bn Dividend

Companies November 2, 2022

Nigerian Breweries Plc, Nigeria’s foremost brewing company, on Wednesday announced N3.29 billion

Fed Increases Funds Rate to 2008 High

News November 2, 2022

The United States central bank, Federal Reserve, approved a fourth-straight rate hike of three-quarters

Naira Slides to N446 on Expected Imports Jump

Uncategorized November 2, 2022

The Nigerian local currency, the naira, slides to N446 against the United States amidst an expectation that imports …

GCR Ratings Revises Jaiz Bank Outlook to Positive

Companies November 2, 2022

GCR Ratings has affirmed Jaiz Bank Plc.’s national scale long and short-term issuer ratings of BBB-(NG)…

Bonds Yield Rises to 14.5%, Treasury Bills Pops

Financial Market November 2, 2022

Bonds Yield Rises to 14.5%, Treasury Bills Pops The fixed income market yield curve swings again as gilt-edge investors sold…

Dangote Cement Market Value Declines N1.35trn

Analysis November 2, 2022

In the stock market, Dangote Cement Plc is now worth N3.757 trillion at a 52-week low price of N220.50 ge.

Stock Market Sheds N50.8bn after October Downturn

News November 1, 2022

The Nigerian stock market opens the new month with about N50 billion decline in the market value

Amazon Opens Office in Nigeria

News November 1, 2022

An Information Technology firm, Amazon Web Services, Inc. (AWS) says it has opened its first office in Lagos…

Ecobank Redeems $400m Debt

Companies November 1, 2022

Ecobank Transnational Incorporated (ETI) has announced the repayment of its 5-year US$400 million…

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