UBA, WAPIC, others boost Equities market by 0.01%

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The equity market witnessed an expansion in today’s trading session, following buying interests in UBA (2.07%), WAPIC (2.22%), ACCESS (0.67%), GUARANTY (0.16%), ETI (1.01%), FBNH...

Market volatility, global expansion drive INFINOX to half tr. mark

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INFINOX, a leading CFD and FX trading broker with international presence, including in Africa, recorded a 61% increase in revenue and a 28% rise...

Ecobank announces pricing for its $300m bond

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Ecobank Nigeria a wholly-owned subsidiary of leading pan-African banking giant, Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that...

Oroko to enlist on London Stock Exchange

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IROKO, a Nigerian-based media company, could file to go public in the next 12 months on the London Stock Exchange (LSE) Alternative Investment Market. Founded...

#EndSARS: NSE loses N113bn market capitalization

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At the close of trading on Wednesday, 20/10/2020, the NSE market capitalization shed N113 billion from N14.983 trillion to N14.870 trillion. According to analysts, demand...

Investors gain N49.88bn amid negative market breadth

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Equities market closed Friday on a positive note, as NSEASI appreciated by +0.38% to close at 25,236.97 basis points as against +1.04% appreciation recorded...

CRR policy: Fitch forecasts bleak future for Nigerian banks

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Foremost international rating agency, Fitch Ratings, has predicted that punitive policies by the Central Bank of Nigeria (CBN), especially the Cash Reserve Ratio (CRR)...

Market week begins positive as ASI rises by 0.3%

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Activities in the domestic equities market Monday picked from where they left off last week, closing higher on gains in BUA Cement (+2.0%), Guaranty...

Market week commences positive as ASI advances by 1.5%

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Trading in the Nigerian equities market opened the week positive, following gains in Dangote Cement (+5.7%), WAPCO (+9.6%) and some Tier 1 bank stocks. Thus,...

Market sentiments remain weak, as ASI declines by 0.4%

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Sentiments remained weak in the domestic bourse, as the All-Share Index declined by 0.4% to 24,174.45 points. This is as investors sold off on...

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