Tag: CBN
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 –...
Investigation shows NDDC scholarship funds is over bloated by $7 million,...
...IMC can't pay under pressure because figure rose from $1.9m to $7m
… Number of scholarship students appears to increase with a new Management
TUE, AUG...
EFG Hermes explains volume crash in the Nigerian stock market
MON, AUG 10 2020-theG&BJournal- EFG Hermes has suggested Financial system distortions are partly to blame (interest rates do not make much sense), and valuations...
Weekly Markets Wrap: Bond average yield expands 71bps to 7.8%, stocks...
SAT, AUG 08 2020-theG&BJournal-The equities market reacted to better than expected earnings as the All-Share index closed the week 1.4% higher at 25,041.89 points....