10-Year FGN Bond Price Rises as Demand Rises
10-Year FGN Bond Price Rises as Demand Rises The 10-year Federal Government of Nigeria (FGN) and other long-dated bonds prices inched higher in the just concluded week as investors were…
Equity Market Ends Bullish, Investors Gain N137 Bln
Equity Market Ends Bullish, Investors Gain N137 Bln The Nigerian Exchange (NGX) was bullish last week as equity investors at the local bourse gain more than N137 billion in five…
Ecobank Market Valuation Spikes 45% After Earnings Beat
Ecobank Market Valuation Spikes 45% After Earnings Beat Ecobank Transnational Incorporation (Ticker: ETI) sees a 45 per cent increase in market value as investors position strongly in the Pan-Africa lender’s…
Subsidy: Postponement Proves Nigeria’s Weak Institutions, Limited Capacity to Implement Challenging Reforms –Moody’s
Subsidy: Postponement Proves Nigeria’s Weak Institutions, Limited Capacity to Implement Challenging Reforms –Moody’s The decision of the Nigerian government to delay the implementation of subsidies removal as enshrined in the…
Binance Restricts 281 Nigerians Cryptocurrencies Accounts
Binance Restricts 281 Nigerians Cryptocurrencies Accounts Binance, the world’s largest cryptocurrency exchange, has restricted the personal accounts of 281 Nigerian users, citing a need to comply with international money laundering…
NASD OTC Lost N6.4 Bln as NIPCO, CSCS, Niger Delta E&P Fal
NASD OTC Lost N6.4 Bln as NIPCO, CSCS, Niger Delta E&P Fall The total market value of unlisted stocks traded on the NASD Over-the-Counter falls in the just concluded week…
CBN Launches Electronic Invoice for Importers, Exporters
CBN Launches Electronic Invoice for Importers, Exporters The Central Bank of Nigeria (CBN) says it will begin electronic invoice or e-invoice for imports and exports transactions in the country from…
Federal, States, Local Govt. Councils Share N699.8 Bln
Federal, States, Local Govt. Councils Share N699.8 Bln The Federal Government, States and Local Government Councils (LGCs), on Friday, shared N699.824 billion as federation allocation for Dec. 2021. A statement…
Bitcoin Tumbles 10% to $35,000, ETH Now $2,400
Bitcoin Tumbles 10% to $35,000, ETH Now $2,400 In a fresh bloodbath, top cryptocurrencies tumble Bitcoin, the largest cryptocurrency by market value, dropped about 10% $35,012 while Ethereum, the second-largest…
NASD OTC Lost N6.4 Bln as NIPCO, CSCS, Niger Delta E&P Fall
NASD OTC Lost N6.4 Bln as NIPCO, CSCS, Niger Delta E&P Fall The total market value of unlisted stocks traded on the NASD Over-the-Counter falls in the just concluded week…