Oil Prices Rise as Saudi, Russia Cut Offset Weak Demand
Oil Prices Rise as Saudi, Russia Cut Offset Weak Demand After closing negative in the just concluded week, the global crude oil prices were up as tight supply expectations offset…
CSL Stockbrokers Bet on MTNN for 14% Upside, Cite Decent Numbers
CSL Stockbrokers Bet on MTNN for 14% Upside, Cite Decent Numbers For CSL Stockbrokers, MTN Nigeria Plc is a buy over what the investment firm’s analysts called decent numbers in…
CardinalStone Sees WAPCO Good Deal with 25.2% Upside
CardinalStone Sees WAPCO Good Deal with 25.2% Upside Lafarge Africa Plc (Ticker: WAPCO) has been rated a buy on an estimated 25.2% upside potential at a reference price of N27.50,…
NIPCO Promises Increased Investment, Sustainable Growth
NIPCO Promises Increased Investment, Sustainable Growth The Nigerian Independent Petroleum Company (NIPCO) Plc has promised to deepen its investment in the country’s hydrocarbon industry in the face of the recent…
NGX Loses N150bn after 6-Week Gaining Streaks
NGX Loses N150bn after 6-Week Gaining Streaks The Nigerian Exchange (NGX) equities segment lost weight following profit-taking activities on all trading sessions except for Friday last week. Overall, the local…
Ravindra Says Merger of Dangote Food Subsidiaries Will Benefit Stakeholders
Ravindra Says Merger of Dangote Food Subsidiaries Will Benefit Stakeholders The Chief Executive Officer of Dangote Sugar Refinery Plc, Ravindra Singhvi has assured stakeholders that the proposed merger between Dangote…
Analysts Set Inflation Rate of 25.05% for August
Analysts Set Inflation Rate of 25.05% for August Investment banking experts and analysts at Cowry Asset Management Limited have estimated a 25.05% inflation rate for August 2023, citing pass-through impacts…
Zenith Bank to Release H1-2023 Audited Report in Sept
Zenith Bank to Release H1-2023 Audited Report in Sept Zenith Bank Plc has announced that its audited result for the first half of the year (H1) 2023 would be delayed…
NDLEA Raids Warehouse in Lagos, Recovers N4.8bn Worth of Drugs
NDLEA Raids Warehouse in Lagos, Recovers N4.8bn Worth of Drugs National Drug Law Enforcement Agency (NDLEA) has recovered hard drugs worth N4.8 billion from a warehouse in Lagos. Its spokesman,…
Dangote Cement Reclaims Position, Market Value Hits N6trn
Dangote Cement Reclaims Position, Market Value Hits N6trn Dangote Cement Plc has returned to the top of the chart as the most valued brand among companies listed on the Nigerian…