Bulls push Nigerian bourse index up 0.13%, investors gain N15.20 billion

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

The Nigerian bourse closed the day positive as the ASI appreciated by +0.13 % to close at 21,757.47.

AfDB, Asian Bank, others worsen poor nations’ debt problem – World Bank

World Bank deploys $150 billion to save the world from global meltdown

March 25, 2020

The World Bank Group will deploy $150 billion over the next 15 months to stimulate economic recovery in countries affected ...

Bulls stage comeback as ASI up 0.19%, investors gain N21.86 billion

by Olumide Adesina

March 24, 2020

The Nigerian bourse closed on Tuesday positive as the All Share Index inched by +0.19 % to close at 21,741.16 points.

Naira falls to N755/$1 at the black market

Banks’ assets under strain after naira depreciation

by Olumide Adesina

March 24, 2020

According to Moody’s Investors Services, the depreciation in Naira will put a strain on the assets of Nigerian banks struggling to ...

Crude oil in Nigeria, Oil producing states in Nigeria, Department of Petroleum Resources, DPR yet to recognise Anambra Enugu and Kogis States as oil producers, West Africa’s crude inventory is building up as demand slows due to Coronavirus, Oil at $26, as Saudi Arabia in no retreat no surrender oil battle with Russia, Crude oil prices fall to $30 as COVID-19 erases gains from oil production cuts, Crude oil prices surge higher as Brent crude hits almost $30 per barrel , Brent crude plunges 5%, world’s second largest economy skips economic growth target

Nigeria cuts oil prices to get buyers

by Chike Olisah

March 24, 2020

A monitored report suggests that Nigeria has reduced the official selling prices for its crude oil so as to clear an inventory of ...

Competition alert as Dangote Cement launches biggest sales promo in Nigeria, Dangote Cement: Feeling the heat of a slowing Nigerian market, Dangote Cement: Weak revenue performance, elevated OPEX weigh on earnings

Dangote Cement to access more debt funding

by Chike Olisah

March 24, 2020

Dangote Cement Plc has gotten approvals its board of directors to access the capital markets for medium-term debt funding.

Banks' stakeholders express 4 main concerns bothering the sector right now, CBN, MARKET UPDATE: CBN’s historic agriculture lending; Is it yielding the desired results?

Tweak of exchange rates: A bold move from CBN?

by CSL Stockbrokers

March 24, 2020

The Central Bank of Nigeria (CBN) on Friday moved the official exchange rate from N307/US$1 to N360/US$1.

EFG Hermes concludes advisory Al Habib Group’s $700 million IPO on Tadawul

EFG Hermes concludes advisory on Al Habib Group’s $700 million IPO

by NM Partners

March 24, 2020

EFG Hermes announced that its investment banking team had successfully completed advisory on Dr Sulaiman Al Habib Group’s SAR 2.63 ...

Cost pressure dampens earnings growth outlook, Cadbury releases FY result for 2019, grows profit by 26%, Cadbury makes some board changes

Cadbury releases 2019 FY result, grows profit by 26%

by Chike Olisah

March 23, 2020

Food and beverage giant, Cadbury Nigeria Plc, has released its audited financial statement for full-year December 2019.

Brent crude drops to $25, oil demand drops by about 10% of world’s consumption, Brent Crude Oil hits $26, as Nigeria's Sweet Crude demand falls, Oil price pushes up before OPEC meeting, Asian equity markets mixed, NIGERIA OIL: Darker days ahead as Brent falls below production cost, Brent crude drops, as oil traders focus on OPEC+ meeting

Brent crude drops to $25, demand drops by about 10%

by Olumide Adesina

March 23, 2020

Oil prices fell today as political leaders around the world escalated lockdowns to curb the spread of the global coronavirus ...

Tag: On the Money