The domestic equities market began the week in red, driven by profit-taking in BUACEMENT (-2.9%), GTCO (-0.5%), and ZENITH (-0.2%), as the All-Share Index declined 25bps to 38,864.33 points.…
Category:
Finance
-
-
The Board of Directors of the African Development Bank (AfDB) Group has approved a new policy framework for the Independent Recourse Mechanism…
-
The Central Bank of Nigeria (CBN), has said it has concluded plans to launch the Central Bank Digital Currency (CBDC) on Oct.…
-
EconomyFinanceNews
Senate passes N13.98trn 2022 deficit Budget, retains revenue of N8.36 trillion, oil benchmark at $57 per barrel, exchange rate at N410.15/$
Senate has passed the 2022-2024 Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP. with the approval of deficit Expenditure of…
-
Today, sell-offs in financial services stocks – ACCESS (-3.4%), UCAP (-5.0%), and UBA (-0.6%) – further dragged the market as the All-Share Index slid 5bps to close at…
-
President Muhammadu Buhari has ordered the use and deployment of technology to tax all digital transactions carried out across Nigeria in a…
-
FinanceNewsStock Market
Investors lost N17bn at stock market as improved sentiment fails to lift performance
At the close of trade, sell-offs in Banking stocks – ZENITH (-2.3%), GTCO (-0.7%), and ACCESS (-1.1%) – dragged the benchmark index southward as the NGX…
-
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has described Federal Government’s plan for a Eurobond issuance in the International Capital Market (ICM) as a…
-
Today, sell-pressure on REDSTARE (-3.2%), CUTIX (-3.1%), and SCOA (-9.4%) dragged the local bourse to the red zone as the NGX All-Share Index fell 10bps…
-
EconomyFinanceNews
Senate indicts Budget Office, Ministry of Information, Interior, 36 others over unretired advances to the Federation Account
Senate has indicted the Budget Office, Ministry of Information, Ministry of interior and 36 others Ministries, Departments and Agencies, MDAs over un retired…
-
The Central Bank of Nigeria Governor, Godwin Emefiele, has said that the apex bank will go after the owner of Aboki FX,…
-
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has agreed to retain the Monetary Policy Ratio (MPR) at…
-
Away from our expectation last week, the bulls took the market by the horn as investors hunted for bargains. Accordingly, the All-Share…
-
Director, Tax Policy and Advisory Department, Federal Inland Revenue Service (FIRS) Mr Temitayo Orebajo, says all Civil Society Organisations (CSOs) are expected…
-
Today, sell pressure on ETERNA (-9.4%), CUTIX (-2.0%), and WAPCO (-2.2%) drove the local bourse southward. Consequently, the NGX All-Share Index declined 15bps to close…