Awash of liquidity, OBB and OVN rates trend downward; T- Bills marker bullish
Awash of liquidity, OBB and OVN rates trend downward; T- Bills marker bullish In the money market, the Open Buy Back (OBB) and Overnight (OVN) rates declined week on…
Equity market: Attractive entry prices arise following sustained sell offs
Equity market: Attractive entry prices arise following sustained sell offs The bearish performance in the local bourse was sustained this week as the All Share Index shed percent to…
Nigeria’s UPDC to raise N20 billion to pay debt
Nigeria’s UPDC to raise N20 billion to pay debt To further cut down its mounting debt portfolio, UAC Property Development Company, UPSC will raise N20 billion via bond. The…
NSE desists N878.3 million of African Paints, Afrik Pharmaceuticals from official list
NSE desists million of African Paints, Afrik Pharmaceuticals from official list The Nigerian Stock Exchange (NSE), has said its National Council has approved with effect from April 5, 2018,…
Stock market maintains negative trend as ASI down by 0.26%
Stock market maintains negative trend as ASI down by The local bourse maintained a negative close for the second consecutive trading day as the All Share Index (ASI) slid…
FG approves $1 billion for purchase of arms
FG approves $1 billion for purchase of arms President Muhammadu Buhari has approved the release of $1 billion to Nigerian Defence authorities for the purchase of security equipment to…
FCMB after profit tax rises to N4.6bn
FCMB after profit tax rises to FCMB Group’s today announced its fourth quarter 2017 results which showed a remarkable growth of 123 percent year on year to billion. The…
MPC urges FG to limit domestic borrowing, holds key rates unchanged
MPC urges FG to limit domestic borrowing, holds key rates unchanged As inflationary pressures in the economy continued to moderate with headline inflation, the Monetary Policy Committee (MPC) of…
Zidane, Allegri react to Ronaldo’s ‘most beautiful goal’
Zidane, Allegri react to Ronaldo’s ‘most beautiful goal’ Real Madrid and Juventus managers, Zinedine Zidane and Massimiliano Allegri, have reacted after Cristiano Ronaldo scored what many have described as…
Ronaldo’s bicycle kick sends Juventus stock to date-month low
Ronaldo's bicycle kick sends Juventus stock to date-month low Juventus Football Club SpA shares fell in Milan to an eight-month low after the team was defeated 3-0 by Real…