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Ecobank: Analysts See 34% Upside at Current Market Price Rated buy, Ecobank Transnational Incorporation (ETI) Plc is estimated to have about 34% upside potential. The Pan African lender earnings per…
FX Inflows, Zero Speculation Boost Nigerian Naira Outlook The Nigerian naira has maintained firm tone across the foreign exchange markets as fear gripped currency speculators. The apex bank resolve to…
Tinubu Committed to Improving Well-Being of Nigerians–Information Minister The Minister of Information and National Orientation, Alhaji Mohammed Idris, says President Bola Tinubu is committed to the improvement of the overall…
IMF, Ghana Reach Agreement on $3bn Loan International Monetary Fund staff and Ghana’s authorities reached an agreement on a second review of the West African country’s $3 billion loan programme,…
FBN Holdings Lost 24% of its Market Value The market has priced FBN Holdings downward by about 24% following the financial services group strong, impressive valuation surge in the recent…
US Dollar Strengthens Against Trading Pairs: MarketNews The US dollar strengthened against its major trading partners including Sterling, Euro early Friday, except for another small decline versus the yen from…
FIRS Generates N12.3 Trn in 2023 – CEO The Chief Executive, of Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji, said that the organisation witnessed unprecedented progress in revenue collection,…
Forex: British Pound, Euro Hit 5-Month Low Vs USD In the forex market, British pound, Euro and Canadian dollar depreciated to 5-month low versus US dollar. The British pound fell…
Equities Market Sheds N412bn as Banking Index Falls Equities market lost more than N412 billion on Friday following selling rallies that have persisted on the floor of the Nigerian Exchange…
US Consumer Sentiment Falls in April The University of Michigan consumer sentiment for the US fell to 77.9 in April 2024 from 79.4 in March which was the highest level…