Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
Olam offer leads to spike in Dangote Flour’s share price
@guinnessngr was the worst performing stock this week on the Nigerian Stock Exchange, declining by 19% to close at N48.60.
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Quick take: Non interest income lifts FBN Holdings’ pre-tax profit marginally
FBN Holdings Plc's latest financial report for Q1 2019 showed that Interest Income grew 1% y/y to N112.0bn.
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Dangote Flour Mills Plc tops the NSE Chart yet again
The Nigerian Stock Exchange ended Friday's trading session in negative territory. The All Share Index closed at 29.740.41 basis points,...
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REVEALED: Population growth is outpacing food production
A report by one of the leading professional services firms, PwC, disclosed that feeding Nigeria’s current and future population is...
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Oando PLC Announces Q1 2019 Results, Posts N4.6 Billion Profit-After-Tax
Oando Plc today announced unaudited results for the three months period ended March 31, 2019. The results shows an 11%...
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Daily Update: Market reacts to new 30-year issue, long term yields rise
Welcome to daily summary of the performance of major economic indicators and highlights from tradings sessions and key statistics such...
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Quick take: Fidelity Bank starts year on a good note as earnings beat estimates
Fidelity Bank Plc kicked off 2019 on an impressive note as Q1 2019 results showed that Gross Earnings grew 11.8%...
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Daily Equities Market Recap: MTN Nigeria changes to PLC, as index dips
The Influx of news on Dangote Flour Mills Plc and the potential listing and restructuring of MTN Nigeria, inundated most...
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Daily Update: Nigeria debuts 30year FGN bonds priced at a coupon of 14.80%
Welcome to daily summary of the performance of major economic indicators and highlights from tradings sessions and key statistics such...
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As fears rise over the sustainability of America’s Social Security Fund…
The path to extinction seems to be the route on which the famous Social Security Trust Fund of America is...
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