Olumide Adesina, Author at Nairametrics

March 21, 2020

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The Senate will revisit more investment laws to support the development and growth of the Nigerian capital market.

22nd Century portfolio, Weekly update of the Global Market ending 13th March 2020, Nigeria’s Banking stocks hit by asteroids, Index down 0.39%

Panic recedes as global capital market surge

Stock markets rebounded from some of their recent huge losses on Friday, pushing further away from three-year lows

How your stocks performed last week, Bears rule at the stock market, lose N174.37 billion on Wednesday , Nigerian bourse up 0.54% as Investors gain N63 billionBears dominate Nigerian bourse Index down 0.94%, trading volume remains low,Bears dominate Nigeria bourse trading session, ASI down 2.02%, Bulls lift Nigerian bourse, Index up 1.24%, Investors gain N133 billion, Banking Stocks stop the raging bulls at the Nigerian Stock Market index down 0.01%

Nigerian bourse up 0.54% as Investors gain N63 billion

Nigerian bourse closed higher on Friday with the ASI Index growing by 0.54%. Specifically, the ASI index rose by 0.54%...

CBN advances ban on food imports , Emefiele, Nigeria’s manufacturing sector contracts, as key components shrink, CBN makes case for PSBs, cautions Banks, PSBs against demarketing , Banks' deposit with CBN dropped 68% in 9 months , Devaluation’s drum beats louder

Devaluation’s drum beats louder

Africa’s biggest economy is again reacting to this crisis the same way it did in the past as she failed...

Nigerian Stock Exchange, Nigerian Stocks, Daily market summary, NSE, Bourse bows to bears as ASI dip 0.55% on Friday, NSE: Bears dominant reign continues as ASI shed 4.91% on Tuesday, Bearish trend persists at Nigerian Stock Exchange, as investors lose N456 billion, Bears return, Nigeria’s local bourse drops 0.12%, Bears return Nigeria's ASI index down 3.12% Investors lose N370 billion, Bulls lift Nigerian bourse up 0.10%, as trading volume picks up, BUACEMENT, CADBURY, WAPCO Bring the Bears to Party, Investors Lose N198.05 Billion

Bears pull Nigeria’s ASI down by 3.12%, as Investors lose N370 billion

The Nigerian local bourse on Thursday lost all the gain recorded in Wednesday's session to return to the bearish territory...

Brent Oil surges 10% trading at $27.29 per barrel

Crude oil surged 21% on Thursday, putting it on track for its best day on record, taking back more than...

American Dollar remains king as stimulus fails to stop global financial market panic,Demand for “Inflow dollars” drive exchange rate to as high as $N420/$1 compared to “Cash dollars”, U.S dollar drops against major currencies, tension rises between America and China, U.S dollar gains against major currencies, America threatens China with sanctions., U.S dollar down against major currencies, more countries start lifting of COVID-19 induced lockdowns, The U.S. Dollar Index that tracks the American dollar dropped 0.14% to 96.5 as global Investors and traders appetite for risk increased in momentum, Digitization of U.S Dollar Faces U.S Senate Hearing, U.S dollar Remains Neutral as Strong Economic Macros Weaken its demand, U.S dollar Remains Neutral as Strong Economic Macros Weaken its demandU.S dollar Remains Neutral as Strong Economic Macros Weaken its demandU.S dollar Remains Neutral as Strong Economic Macros Weaken its demand

Global market in panic mode, as American dollar remains king

Investors are ignoring fiscal and monetary help, as uncertainty from the coronavirus outbreak coupled with weakening economic outlook.

Nigerian Stock Exchange, NSE: Return of the Bulls, Bulls reign at the bourse as stocks gain N460.69 billion on Wednesday, Okomu, UACN, Ekocorp top gainers list on Friday, Stock Market closed the week bullish as ASI grew 0.94% , Investors gain N41.94 billion on Tuesday as Bulls make rebound, NSE: Bearish trade costa investors N12.2 billion on Tuesday, NEM, Mansard, First Bank lead gaining stocks as ASI grew 0.61%, Nigerian bourse breathes a sigh of relief, index up 0.17%, Bulls charged Nigerian bourse, ASI Index up 1.09% investors gain N128.49 billion, Bulls stage comeback has ASI up 0.19%, investors gain N21.86 billion, Bulls gain momentum, as stimulus package lifts global financial markets, Bulls dominate Nigerian bourse investors gain N162 billion

Bulls charge Nigerian bourse, investors gain N128.49 billion

The Nigerian bourse reversed previous day loss as the All Share Index rose by 1.09% on Wednesday to settle at 29,352.13.

Nigerian Treasury Bills falls to 3.05% per annum, Nigerian money markets

Nigerian Treasury Bills real interest rate falls to -12%