- Oil Prices Decline as Strait of Hormuz Route Gets Busy
- Stronger US Dollar Keeps South African Rand on Edge
- Tech Stocks Rotation Shakes Global Markets as Apple Hikes Prices
- Nigerian Treasury Bills Yield Jumps 27bps on Sell Pressure
- Naira Hovers Around N1,380 as Interbank FX Turnover Surges
- XRP Dives to $1.03 as Strobe Finance Shutdown Erodes Confidence
- Ethereum Price Slips 4% as Investors Liquidate Positions
- Bitcoin Price Slides to $59k as US Inflation Stokes Selloffs
Zenith Bank emerges most valuable banking brand, again Zenith Bank Plc, Nigeria’s leading financial institution, has again emerged as the…
AFEX Commodities Exchange Ltd on Wednesday signed a Memorandum of Understanding with the Financial Market Dealers Quotation (FMDQ) to expand access to finance for the country’s agricultural sector.
DANGCEM: How competition, expired pioneer tax credit affect 2019 result. Dangote Cement Plc had it tough in 2019 with excess capacity brought into the market by its major competitors.
FBN’S CEO joins global industry leaders at annual FinTech, InsureTech summit More than 700 global leading finance practitioners joined the…
MTNN earnings beat fails to lift share price 7-trading session straight MTN Nigeria Plc. share price has been on declining…
IFC, CMB Close $40m Guarantee Facility to Boost Trade Finance in Nigeria International Finance Corporation , a member of the…
IFC partners Union Bank to Support Nigerian SMEs, Women-led Businesses. International Finance Corporation (IFC), a member of the World Bank Group, today announced a $25 million local-currency investment in a risk-sharing facility to expand Union Bank’s lending to small and medium enterprises (SMEs) in Nigeria.
Money Market: Afrinvest says T-Bills rates to trend lower. Due to increase liquidity expected in the market this week, Afrinvest has said it expects rates on Treasury Bills to trend lower.
FX: Naira Remains Stable Despite Sloppy Reserves, Coronavirus Outbreak. In the foreign exchange market, Naira remained strong at direct pair with foreign currencies last week.
NSE plunges: N611bn knocked off value as fear of Coronavirus hits financial markets. The Nigerian Stock Exchange went down significantly last week on the fear of Coronavirus which instigates sharper sell-off. Equities market capitalisation value declined N610.6 billion to settle at N13.7 trillion.
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