The Board of Neimeth is set to raise N5 billion additional equity upon the approval by shareholders of the company at the AGM.
This week we provide insight into why Champions Breweries, Ardova Petroleum and Japaul Gold & Ventures all made positive gains in the market last week.
Pressure on FX will continue in 2021 as a result of thin reserve buffers and recovering domestic demands.
Why the insurance sector is currently the best performing stock market index in the country
Sixty (60) equities appreciated at price during the week, higher than fifty (50) equities in the previous week.
Ramp Defi, Telcoin, Parsiq and DeFiChain have had their value surge by more than 400%.
The Naira remained stable against the dollar at the Investors and Exporters (I&E) window on Friday, closing at N394.67/$1.
Brent crude futures dropped about 1%, to $54.65 a barrel, after losing 2.3% on Friday.
The NSE Industrial Index appreciated by 2.84% during the week to close the week 57.03 index points higher.
The Crypto futures became overheated and record sell-offs began leading traders to lose more than $527 million in a single day.