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STOCK MARKET REPORT FOR JUNE 23RD, 2017

A total turnover of 2.311 billion shares worth N24.577 billion in 27,836 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.737 billion shares [...]

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STOCK MARKET REPORT FOR JUNE 16TH, 2017

A total turnover of 2.737 billion shares worth N32.042 billion in 32,217 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 3.100 billion shares [...]

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Nigeria’s Inflation Rate Falls to Lowest in a Year in May

Nigeria’s inflation rate fell for a fourth straight month in May, dropping to the lowest in a year as growth in prices of most goods except food eased. Inflation in Nigeria, which vies with South [...]

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Experts Push for More Technology-Driven System in Nigeria

The forum, which was in collaboration with the Lagos State Ministries of Education, and Economic Planning & Budget, deliberated on the role of technology in accelerating social and [...]

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Nigeria Floats $300m First Ever Diaspora Bond

The Federal Government has rolled out the first ever Diaspora bond of $300 million to raise funds from Nigerians in the Diaspora to finance capital projects. Mrs. Abike Dabiri-Erewa, the Senior [...]

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Naira posts marginal gain, closes at 364/dollar

The Naira posted a marginal gain against the United States Dollar at the parallel market on Monday, closing at 364/dollar the local currency closed at 365/dollar on Sunday 11th June 2017. The [...]

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Osinbajo Laments Lack of Nigeria’s Own Tech Giants

Acting President Yemi Osinbajo has expressed concern that Africa, particularly Nigeria, has not been able to produce its own giant technology firms despite its abundant human resources and [...]

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CBN to Sell N1.24tr Treasury Bills by September

The Central Bank of Nigeria (CBN) plans to sell N1.24trillion ($4.1 billion) worth of treasury bills (T-bills) from June 15 to August 31, the regulator’s debt calendar for the third quarter has [...]

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STOCK MARKET REPORT FOR JUNE 9TH, 2017

A total turnover of 3.100 billion shares worth N29.180 billion in 33,677 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.319 billion shares [...]

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Sustain Forex Intervention – Expert tells CBN

A financial expert, Prof. Uche Uwaleke, says the Central Bank of Nigeria’s (CBN) sustained intervention of pumping dollars in the FOREX market is already manifesting positively in many sectors of [...]

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