Sterling, Euro Rise Against US Dollar in FX Market
Sterling, Euro Rise Against US Dollar in FX Market The US dollar fell against its major trading partners, Sterling and Euro, early Tuesday ahead of a busy schedule of economic…
Read moreGCR Places Dangote Cement Plc on Rating Watch Negative
GCR Places Dangote Cement Plc on Rating Watch Negative GCR Ratings (GCR) has placed Dangote Cement Plc’s national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively on…
Read moreBlackRock Launches Bitcoin Exchange-Traded Product in Europe
BlackRock Launches Bitcoin Exchange-Traded Product in Europe The world’s largest asset manager, BlackRock, has launched a Bitcoin exchange-traded product in Europe, according listing details on iShares’ website. The iShares Bitcoin…
Read moreNGX Index Dips Intraday as JAIZBANK, ARADEL Slump
NGX Index Dips Intraday as JAIZBANK, ARADEL Slump The Nigerian Exchange (NGX) All-Share index is trending lower during the intraday trading session on Tuesday. The sell pressures seen in banking…
Read moreUBA Grows Profit by 26% to N766.6 Billion in FY2024
UBA Grows Profit by 26% to N766.6 Billion in FY2024 United Bank for Africa (UBA) Plc has recorded N766.6 billion as profit after tax for the financial year 2024. This…
Read moreOil Price Rise Ahead of Reciprocal Tariffs Implementation
Oil Price Rise Ahead of Reciprocal Tariffs Implementation Oil prices rose on Tuesday in the global commodities market ahead of April implementation of U.S. reciprocal tariffs, supply risks that followed…
Read moreGeregu to Pay Dividend on Friday, Amperion Takes 78.05%
Geregu to Pay Dividend on Friday, Amperion Takes 78.05% With two major owners taking 83.05% of total payment, Geregu Power Plc will pay shareholders N8.50 as final dividend on Friday…
Read moreNigComSat Now Commercially Viable, Says DG
NigComSat Now Commercially Viable, Says DG The Director-General, Nigerian Communication Satellite Limited (NigComSat), Jane Egerton-Idehen, says the agency has become commercially viable. Egerton-Idehen said this at the March edition of…
Read moreFCMB Jumps as Investors Price 42.5m Block Trade
FCMB Jumps as Investors Price 42.5m Block Trade FCMB Group Plc saw about 6% increase in its market value following a huge block trade priced at N9 outside the Nigerian…
Read moreNaira Rallies as FX Inflow Grows by 8.2% to $1.19 Billion
Naira Rallies as FX Inflow Grows by 8.2% to $1.19 Billion The naira rallied across foreign exchange (FX) markets as data revealed that US dollar inflows improved by about 8.2%…
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