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ON THE MONEY
On the Money are stories and analysis tracking the movement of smart money across the capital and money market.
Valentine's Day, a day when many people exchange romantic gifts with their lovers, is finally here. How are you celebrating?
Just like a spoonful of honey is liable to draw ants, getting and keeping customers will come as easy to you
Chike, who has been in the business for over five years, says he has become accustomed to traveling to different places to meet his customers who mostly enjoy inspirational books, career development books, and thrillers
Experts have established that the Nigerian government happens to be the biggest loser considering the general implication of...
Applicants to the N50 billion credit facility, who have successfully completed the application processes and submitted their account details, should expect credit alerts 48 hours afterwards.
Sadly, this move, in addition to similar policies by the CBN, has left many banks cash-strapped and unable to pursue various profitable ventures.
The 12-month naira forwards increased to N454.50 per dollar on Wednesday, from a high of N522.56 on April 20.
This performance, according to the Lagos State Commissioner for Economic Planning and Budget, Mr. Sam Egube, “is higher than the 68% (N148.3 billion) recorded for the same period in 2019."
A turnover of 353.32 million shares valued at N7.03billion in 4,659 deals was recorded in today’s trading as FBNH was the most traded stock.
Equity investors on Nigeria’s bourse gained N25.1 billion as market capitalization appreciated by the same margin to close at N12.48 trillion.
Naira appreciated to N453 to a dollar on Thursday, May 28, 2020, which represents a N2 gain when compared to the N455 to a dollar that it exchanged at the end of Wednesday trading.
Market turnover finished lower compared to the previous trading session, as total volume and values dipped by 40.13% and 38.60% respectively, to 348.21 million units and N3.43 billion.