GTCO Lost 22% of Its Market Value despite Oversize Profit
GTCO Lost 22% of Its Market Value despite Oversize Profit Jumbo profit delivered for the financial year 2023 failed to stop equities investors from selling their holdings in GTCO Plc…
Read moreEcobank: Analysts See 34% Upside at Current Market Price
Ecobank: Analysts See 34% Upside at Current Market Price Rated buy, Ecobank Transnational Incorporation (ETI) Plc is estimated to have about 34% upside potential. The Pan African lender earnings per…
Read moreNGX Sheds N633bn as Risk Off Sentiment Persists
NGX Sheds N633bn as Risk Off Sentiment Persists Equities investors lost about N633 billion in two days trading session due to risk off sentiment that continue to provoke rapid shareholding…
Read moreTinubu Committed to Improving Well-Being of Nigerians–Information Minister
Tinubu Committed to Improving Well-Being of Nigerians–Information Minister The Minister of Information and National Orientation, Alhaji Mohammed Idris, says President Bola Tinubu is committed to the improvement of the overall…
Read moreFX Inflows, Zero Speculation Boost Nigerian Naira Outlook
FX Inflows, Zero Speculation Boost Nigerian Naira Outlook The Nigerian naira has maintained firm tone across the foreign exchange markets as fear gripped currency speculators. The apex bank resolve to…
Read moreFBN Holdings Lost 24% of its Market Value
FBN Holdings Lost 24% of its Market Value The market has priced FBN Holdings downward by about 24% following the financial services group strong, impressive valuation surge in the recent…
Read moreIMF, Ghana Reach Agreement on $3bn Loan
IMF, Ghana Reach Agreement on $3bn Loan International Monetary Fund staff and Ghana’s authorities reached an agreement on a second review of the West African country’s $3 billion loan programme,…
Read moreUS Dollar Strengthens Against Trading Pairs: MarketNews
US Dollar Strengthens Against Trading Pairs: MarketNews The US dollar strengthened against its major trading partners including Sterling, Euro early Friday, except for another small decline versus the yen from…
Read moreForex: British Pound, Euro Hit 5-Month Low Vs USD
Forex: British Pound, Euro Hit 5-Month Low Vs USD In the forex market, British pound, Euro and Canadian dollar depreciated to 5-month low versus US dollar. The British pound fell…
Read moreFIRS Generates N12.3 Trn in 2023 – CEO
FIRS Generates N12.3 Trn in 2023 – CEO The Chief Executive, of Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji, said that the organisation witnessed unprecedented progress in revenue collection,…
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