NGX Index Hits Fresh High as NB, Dangote Sugar, MTN Rally
NGX Index Hits Fresh High as NB, Dangote Sugar, MTN Rally The Nigerian Exchange (NGX) All-Share Index hits a fresh high after monster rallies that bolstered equities market capitalisation by…
Africa’s Short-Term Outlook Remains Resilient Amidst Global Uncertainty
Africa’s Short-Term Outlook Remains Resilient Amidst Global Uncertainty Africa’s economic growth is projected to rise from 3.3% in 2024 to 3.9% in 2025 and 4% in 2026, despite global economic…
Buy Side Investors Drive Intraday Gain in Equities Market
Buy Side Investors Drive Intraday Gain in Equities Market Buy side activities from stockbrokers and other traders boost equities market performance on Wednesday. Stockbrokers said Access Holdings, MTN Nigeria, and…
N225bn Damages – Fidelity Bank Puts N14bn as Litigation Exposure for 77 Cases
N225bn Damages – Fidelity Bank Puts N14bn as Litigation Exposure for 77 Cases The Supreme Court awarded N225 billion in damages in just one case against Fidelity Bank Plc versus…
N225bn Damages – Fidelity Bank Puts N14bn as Litigation Exposure for 77 Cases
N225bn Damages – Fidelity Bank Puts N14bn as Litigation Exposure for 77 Cases The Supreme Court awarded N225 billion in damages in just one case against Fidelity Bank Plc versus…
CBN Cuts Rate on Mid Tenor Bills at Open Market Operations
CBN Cuts Rate on Mid Tenor Bills at Open Market Operations With the expectation to partially refinance its maturing instruments, the Central Bank of Nigeria (CBN) reduced the spot rate…
AFC Backs Mota-Engil Africa with €100m Facility to Boost Gold Mining
AFC Backs Mota-Engil Africa with €100m Facility to Boost Gold Mining Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced that it has provided a EUR 100…
CBN Allots Fresh OMO Bills to Banks, Foreign Investors
CBN Allots Fresh OMO Bills to Banks, Foreign Investors Nigeria’s Central Bank (CBN) issued a huge amount of an open market operations (OMO) bills to local and foreign portfolio investors…
Debt Office Cuts Interest Rates on Nigerian Bonds
Debt Office Cuts Interest Rates on Nigerian Bonds Debt Management Office (DMO) cut spot rate on Nigerian government bonds, according to details from the primary market auction results. DMO offered…
Zenith Bank Rises as Investment Firms Upgrade Target Price
Zenith Bank Rises as Investment Firms Upgrade Target Price Zenith Bank Plc recorded positive price movement that listed its market value at N1.981 trillion in the equities market. The bank’s…