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Equities fall on profit taking, with All-Share Index closing 0.2% lower,...

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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

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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

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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...

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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...

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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,...

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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,...

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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...

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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,...

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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...

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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 –...