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…

OPEC Forecasts 10% Jump in Global Oil Demand

Uncategorized November 1, 2022

Global oil demand will increase by over 10% by 2027 and more than 13% by 2045 compared to 2021,

UK Announces £50mn Energy Support Fund for Winter

Foreign November 1, 2022

National Grid, British multinational electricity and gas utility company, launched a £50 million support fund

Nigeria’s Private Sector Improves in October – PMI

Uncategorized November 1, 2022

In Nigeria, private sector activities have been noted to improve in October 2022 despite uncertainties

Fixed Income Assets Yields Diverge as Naira Appreciates

Financial Market November 1, 2022

The average yields on naira denominated fixed income assets diverge as the local currency…

Investors Lose N40.66bn as Stock Market Declines

Stock Market October 31, 2022

Equities investors in the Nigerian Exchange (NGX) lose about N41 billion on Monday amidst renewed selloffs

MTN Nigeria Dazzles with Double-Digit Earnings Growth

Analysis October 31, 2022

MTN Nigeria Plc.’s revenue jumped 20.71% year on year to N1.456 trillion from N1.206 trillion

Nigerian Banks Less Exposed to Naira Depreciation- Fitch

News October 31, 2022

Compare with what happened in 2016, Nigerian banks’ capitalisation would be fairly resilient to further naira depreciation

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