Oil Prices Edge Higher on Lack of OPEC+ Action
Oil Prices Edge Higher on Lack of OPEC+ Action Oil prices continued to edge higher as the lack of Organisation of Petroleum Exporting Countries and allies (OPEC+) action last week,…
Dollar Steadies Ahead of Inflation Data, Fed Officials Speak
Dollar Steadies Ahead of Inflation Data, Fed Officials Speak The United States dollar was only slightly changed against its major trading partners with the notable exception of the yen, ahead…
Getting Paid in Bitcoin Will Become the Norm, Says CEO
Getting Paid in Bitcoin Will Become the Norm, Says CEO Amidst unstoppable movement into the cryptoassets world, getting paid is expected to become a norm as some big names in…
Zenith Bank Gets Orders of Mareva Injunction Against Sheba Exploration
Zenith Bank Gets Orders of Mareva Injunction Against Sheba Exploration Zenith Bank Plc has been granted interim orders of Mareva injunctions against Sheba Exploration and production, a company where Seplat…
AIICO Capital Gets Investment Grade Rating as AUM Grows Steady
AIICO Capital Gets Investment Grade Rating as AUM Grows Steady GCR Ratings has assigned AIICO Capital Limited national scale long-term and short-term issuer ratings of A-(NG) and A2 (NG) respectively;…
NGX Gains N252bn over Sustained Demand for Telecom Shares
NGX Gains N252bn over Sustained Demand for Telecom Shares The Nigerian Exchange (NGX) rides strongly on Tuesday, gains more than N252 billion amidst heavy demand for Telecom stocks. Investors had…
Spot Rate on 364-Day T-Bills Anticipated to Fall Below 6.99%
Spot Rate on 364-Day T-Bills Anticipated to Fall Below 6.99% Spot rate on 364-day Treasury bills has been anticipated to fall below 6.99% at the Central Bank primary market auction…
Yield on T-Bills Steadies as Trading Activities Slowdown Ahead of Auction
Yield on T-Bills Steadies as Trading Activities Slowdown Ahead of Auction The average yield on Treasury bills is on rest from up and downward swings with a slowdown in trading…
Fidelity Bank Raised $400 Million Eurobond at 7.625%
Fidelity Bank Raised $400 Million Eurobond at 7.625% Fidelity Bank Plc has raised $400 million Eurobond at 7.625%, its chief executive office Nneka Onyeali-Ikpe said on her official LinkedIn page.…
Islamic Lender Jaiz Bank Posts Sky-High Earnings Growth
Islamic Lender Jaiz Bank Posts Sky-High Earnings Growth Islamic lender, Jaiz Bank Plc, posts a sky-high earnings growth in the third quarter of the financial year 2021 despite a tough…