Nigerian Bourse Sheds N30bn on Shares Selling Spree

Stock Market September 5, 2022

A number of company shares listed on the Nigerian Exchange (NGX) see prices of tickers decline on Monday

MTN Reduces Eurobonds Exposure by $300 Mln

Companies September 5, 2022

MTN Group has reduced Eurobonds exposure as a result of an early settlement of Eurobonds worth $300m

EIB President Hoyer Backs Africa’s Climate Adaptation Projects

Inside Africa September 5, 2022

The European Investment Bank (EIB) President Werner Hoyer has extended support to Africa’s…

GTBank Profit Slowdown over Costs Pressures

Companies September 5, 2022

Guaranty Trust Plc’s profit slowdown to N77.56 billion in the first half of 2022 from N79.414 billion

16.5Bn Fuel Imports: NNPC Submits to Forensic Audit

News September 5, 2022

The Nigerian National Petroleum Company Limited has offered to submit itself for a forensic audit

Nigeria Gets N600.15bn from VAT Collections -NBS

News September 5, 2022

The National Bureau of Statistics (NBS), says the aggregate Value Added Tax (VAT) was reported at N600.15 billion

CBN’s Dilemma: Between Naira Devaluation and Ineffective FX Policy

Economy September 5, 2022

Nigeria’s multi-tiered foreign exchange policy has proven to be ineffective to manage the local currency …

NGX Gains N197bn as Investors Take Fresh Positions

Stock Market September 4, 2022

Shares appreciation spanning the sectorial unit of the Nigerian Exchange (NGX) pushed the equities market

Naira Tumbles as FX Rate Hits N431.50 at Investors Window

FX Market September 4, 2022

The Nigerian local currency, the naira breaks against the United States dollar as the spot rate

Fidelity Bank Valuation Spikes as Market Weighs UK Acquisition

Analysis September 4, 2022

Equities investors placed a much higher price on Fidelity Bank shares in the local bourse…

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