MPC: CBN Will Not Rock the Boat – Analysts
MPC: CBN Will Not Rock the Boat – Analysts In what appears like a consensus, some investment banking analysts have hinted that the Central Bank of Nigeria (CBN) monetary policy…
El Salvador Buys the Dip as Bitcoin Falls Rapidly
El Salvador Buys the Dip as Bitcoin Falls Rapidly In a move to dilute losses sustained from the bloodbath in the cryptocurrencies markets, El Salvador has purchased 410 more Bitcoins;…
NGX Expands as Market Registers N810 bln Gain in 5-Day
NGX Expands as Market Registers N810 bln Gain in 5-Day This week, equity investors see their combined wealth increased by about N810 billion as the Nigerian Exchange (NGX) All-Share index…
FGN Bond Worth N290 Bln Matures Next Week
FGN Bonds Worth N290 Bln Matures Next Week The value of the Federal Government of Nigeria (FGN) bond in the secondary market has been projected to rise next week as…
Nigeria’s Tier-1 Banks Market Valuation Hits N2.6 Trillion
Nigeria’s Tier-1 Banks Market Valuation Hits N2.6 Trillion Equity investors placed N2.621 trillion on Nigeria’s Tier-1 capital banks ahead of earnings season, accounting for about 10% of the entire stock…
Analysts Keep Dangote Cement Shares on Hold Rating
Analysts Keep Dangote Cement Shares on Hold Rating In a research note published by CardinalStone, analysts Khalil Woli and Phillip Anegbe advise investing clients to be neutral on Dangote Cement…
Regulatory Approval Delays MTN Nigeria Allotment of Shares
Regulatory Approval Delays MTN Nigeria Allotment of Shares MTN Nigeria Plc is yet to allocate 575 million shares offered for sale to Nigerian retail investors in December 2021 due to…
Dollar Trades Mixed Ahead of FOMC Meeting
Dollar Trades Mixed Ahead of FOMC Meeting The United States (U.S) dollar is mixed against its major trading partners early Friday ahead of a light data schedule that will give…
OPEC Oil Production to Increase Despite Disruption in Libya -EIA
OPEC Oil Production to Increase Despite Disruption in Libya -EIA Crude Oil production from the Organization of the Petroleum Exporting Countries, or OPEC, is projected to grow in 2022 despite…
DPO Gets CBN Licence to Provide Payments Services
DPO Gets CBN Licence to Provide Payments Services One Payment Limited, a subsidiary of the leading Pan-African digital payments group, DPO Group has been granted a licence by the Central…