Financial News Website in Nigeria
A N21 billion Sukuk loan plan by the Niger State government has pitted the residents against one another, reports JUSTINA ASISHANA The controversy is not really about Sukuk itself, an […]
Diamond Bank partners MTN, others to unveil Tech Fest Diamond Bank has partnered with major players in the Information and Communication Technology (ICT) industry to launch “Tech Fest”, a platform […]
Knorr Taste Quest Season 5 – Battle of Flavours Knorr Taste Quest Season 5 is back for its 5th Anniversary edition! 2018 Registration Now Open. This year, it’s the Battle […]
Crude oil demand/supply hard to call Tensions in the Middle East have pushed the spot price for UK Brent crude above US$70/b, and given a boost to the feelgood […]
Neutral rating maintained Modest upward revisions to estimates and price target: Okomu Oil’s (Okomu) Q4 2017 PBT results were better than we expected owing to positive surprises on the gross margin […]
Opening market liquidity on Friday was N721bn (positive). There was a retail fx SMIS refund. Interbank rates closed within a range of 2%-10%. There was no OMO auction on Friday. […]
The equities market staged a late comeback as a last minute domestic buying in Dangcem(+0.78%) and rebounds in Guaranty(+2.44%) helped overturn early intraday losses. Investor’s sentiment were mixed – Zenith(+0.38%) […]
The equities market edged lower today as demand slowed amid a mix of buying fatigue and incessant supply. Index heavyweight – Dangcem(-0.77%) was a notable drag on the index, dropping […]
The equities market shrugged off early gloom as an uptick in domestic bargain hunting especially in non-financials helped lift the bourse by +0.86%. Cement majors gave the bourse its biggest […]
Apex bank boosts retail SMIS with US$396.18m forex injection: The Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market Intervention Sales (SMIS) segment of the market with […]