Stocks Gain N90Bn Over Buying Interest in MTNN, NB
Stocks Gain N90Bn Over Buying Interest in MTNN, NB With about N90 billion gain recorded, Nigerian stocks inch higher on Thursday following buying interest in bellwether and some mid-cap companies’…
U.S Treasury 7-Year Auction Yield Up as Dollar Trades Mixed
U.S Treasury 7-Year Auction Yield Up as Dollar Trades Mixed The U.S Treasury’s 7-year auction hit a high yield of 1.461% Thursday, up from the 1.332% high in the previous…
Yield Steadies, Naira Tumbles as Nigerian T-Bills Trades Calm
Yield Steadies, Naira Tumbles as Nigerian T-Bills Trades Calm Average yield steadies as the Nigerian Treasury Bills trade calm on Thursday, fixed income investors continue to seek better returns on…
U.S GDP Growth Misses Estimates as Spending Slows
U.S GDP Growth Misses Estimates as Spending Slows The United States (U.S) economic growth eased to the slowest pace since the country began recovering from a pandemic-induced recession last year,…
Lawmakers Assure Better Security Allocation in 2022 Budget
Lawmakers Assure Better Security Allocation in 2022 Budget President of the Senate, Ahmad Lawan has assured that the National Assembly would ensure that the security sector is allocated the lion…
Autochek Secures $13.1mn Seed Funding to Scale, Accelerate Expansion ! www.drops.ng
Autochek Secures $13.1mn Seed Funding to Scale, Accelerate Expansion Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1 million in seed funding. Co-led by follow-on…
ETI, FBNH, GTCO and WAPCO Drive Mid-Day Gain
ETI, FBNH, GTCO and WAPCO Drive Mid-Day Gain The equity market is currently trading on a bullish note following increases in GTCO (0.35), UBA (0.59%), WAPCO (1.21%), TOTAL (1.32%), ETI…
U.S Dollar Lower Ahead of Busy Data Schedule
U.S Dollar Lower Ahead of Busy Data Schedule The U.S dollar was down versus its major trading partners early on Tuesday, apart from the faltering Japanese yen. The US data…
Nigerian Exchange Records Small Gain Despite Midday Rally
Nigerian Exchange Records Small Gain Despite Midday Rally The Nigerian Exchange records a small gain on Tuesday despite the midday rally. There was bargain hunting in four sectors, but for…
AfDB President Sees Urgent Need for Africa to Diversify Economies
AfDB President Sees Urgent Need for Africa to Diversify Economies President of the African Development Bank (AfDB), Dr Akinwunmi Adesina has said there is an urgent need for Africa to…