Month: November 2022

Global Trade Growth to Slow as Import Demand Softens -WTO Global trade growth is on pace to dip through the rest of 2022 and into next year amid cooling global…

Investment Managers Face Tough Investment Climate Global investment managers face macro pressures and a challenging investment environment in 2023, with traditional Investment managers more exposed than alternative Investment managers, Fitch…

FIRS Seeks Harmonised Systems for Tax Administrators The Executive Chairman, Federal Inland Revenue Services (FIRS), Mr Muhammad Nami has appealed for the harmonisation of tax systems among member states of…

Bond, Treasury Swerve amidst Liquidity Pressure The average yield on Nigerian Treasury Bills (NTB) continues to decline amidst tight liquidity in the financial system. More funds were seen flowing across…

NGX Sinks over Selloffs in Jaiz, BUA Cement The equities segment of the Nigerian Exchange (NGX) fell off the bullish cliff on Monday over renewed selloffs in small and mid-cap…

Bitcoin Trades at $16,200 in Tight Crypto Market Trading at the $16,000 -$16,500 range, the largest crypto asset by market capitalisation, bitcoin, continues to face strong resistance at the $17,000…

Oil Falls as Protests in China Raised Demand Concerns Amidst instability in the global economy, oil prices lost almost $2 a barrel on Monday following ongoing China Covid-19 restrictions and…

Nigeria’s Bond, Treasury Bills Mixed as Liquidity Improves Yields on Nigeria’s bond and Treasury bills instruments mixed across tenors as liquidity in the financial system improved, according to a slew…

Nestlé Nigeria Exits 13-Digit Valuation, Share Drops 21% Nestle Nigeria Plc has lost its place among the Nigerian Exchange trillion naira market capitalisation gang after sell orders on the consumer…

NB Plc Pops 19% Amidst Plan to Issue Bonus Shares Nigerian Breweries Plc leads the gainers’ chart as the company share tuned up stock market performance with a mouth-watering 18.7%…