Tag: CBN
Equities fall on profit taking, with All-Share Index closing 0.2% lower,...
WED SEPT 16, 2020-theGBJournal-Profit taking continued today in the domestic equities market, with WAPCO (-3.7%) and Tier I bank stocks weighing down the bourse....
CBN tightens band on interest rate on savings deposit
TUE, SEPT 01 2020-theG&BJournal- The Central Bank of Nigeria has directed all deposit money banks in the country to set interest on local currency...
CBN, infraco and the infrastructure challenge
By Arize Nwobu
SAT, AUG 29 20202-theG&BJournal-The importance of infrastructure in expanding national production capacity and increasing a country’s wealth cannot be overemphasized. Research reports...
Weekly markets Wrap: All-Share Index closes 25,309.37 points, average bond yield...
SAT, AUG 29 2020-theG&BJournal-Nigerian stocks inched higher for the sixth successive week, following bargain buying across large-cap stocks. Specifically, interest in BUACEMENT (+2.8%), STANBIC...
Central Bank of Nigeria bars Forex authorised dealers from opening Forms...
TUE, AUG 25 2020-theG&BJournal- The Central Bank of Nigeria (CBN) has ordered Forex Authorized Dealers to desist from opening Forms whose payments are routed...
Weekly Economic Wrap: Oil revenue up 12.5% m/m to NGN528.43 billion,...
SAT, AUG 22 2020-theG&BJournal- Nigeria’s headline inflation maintained its upward trend, as it expanded by 26bps in July 2020 to 12.82% y/y (June: 12.56%...
Weekly Markets Wrap: Market cap up by 0.09% to N13.158 trillion,...
SAT, AUG 22 2020-theG&BJournal- Despite the significantly lower trading activity in the stock market, the bourse inched higher for the fourth successive week, following...
Weekly Markets Wrap: Bonds expands 5bps to 7.9%, AIRTEL, NB and...
SAT, AUG 15 2020-theG&BJournal- For the first time since January, the domestic bourse closed higher for the third successive week, primarily driven by foreign...
Markets Wrap: Equities rebound after a bad start to the week,...
WED, AUG 12 2020-theG&BJournal- The domestic equities market regained a positive posture today, following buying interest in AIRTELAFRI (+9.2%) and SEPLAT (+10.0%) stocks.
The benchmark...
Markets Wraps: Stocks retreat again by 0.6%, Bond yield expands 29bps...
TUE, AUG 11 2020-theG&BJournal-The domestic bourse sustained losses today, following profit-taking in DANGCEM (-4.1%). The NSE ASI declined by 0.6% to 24,883.70 points –...