Browsing: Nigeria
Naira Mixed as CBN Pumps US Dollars into FX Market The Nigerian local currency, the naira, traded mixed against the…
Oando Edges Higher Slightly after Refinery Win Oando Plc has seen a small gain in the equities market after the…
The Nigerian Exchange, NGX, market capitalisation soared after sell pressures with investors recording about N82 billion in capital appreciation. ON Thursday, equities market rebounded, halting a two-day losing streak, with 0.12% surge in key market performance indicators. The positive sentiment was fueled by bargain hunting in some recently depreciated medium and small-cap stocks.
AIICO Insurance Targets N7.4bn Profit, Higher Margin in H1 AIICO Insurance Plc has forecasted about N7.4 billion profit for the…
The Nigerian naira fell against the US dollar across the currency markets as demand pressure heated up exchange rates.
Veritas Kapital Sees Price Decline over Sell Pressure Assurance company Veritas Kapital Plc.’s market value declines during early trading hours…
Oil Prices Rebound Amidst Lingering Uncertainties Oil prices rebounded amidst uncertainties in the commodities market and concerns over the global…
Treasury Bills Yield Hovers at 19% Ahead of Auction The average yield on Nigerian Treasury bills hovered around 19% in…
Nigerian Bonds Yields Steady on Soft Demand The average yield on Nigerian government bonds was relatively steady in the secondary…
Transcorp Spikes by 10% after Bumper Earnings, Dividend Transcorp Plc’s market value spiked by about 10% on Monday as investors’…