Interbank Rate Jumps to 12.17% Despite Absence of OMO Auction
Modupe Gbadeyanka By Modupe Gbadeyanka Nigeria’s overnight interbank lending rate rose sharply on Friday despite the Central Bank of Nigeria…
February 2018
Stock Traders Lose N14b as Index Fall 1.98% in One Week
By Modupe Gbadeyanka Traders in the Nigerian Stock Exchange (NSE) posted a loss this week as the major…
19th OTC FX Futures Contract Matures, Settles on FMDQ
By Modupe Gbadeyanka With a total of $10.95 billion worth of the Naira-settled OTC FX Futures contracts traded…
NASD Market Closes Positive by 3.4%
By Modupe Gbadeyanka Transactions on the trading floor of the National Association of Securities Dealers (NASD) OTC Securities…
FG Receives Progress Report on Tax Laws Reform
By Modupe Gbadeyanka Federal Government on Friday received the Progress Report on Tax Laws Reform from the National…
Asian Shares Close Mixed on Rising Bond Yileds from US Firms
By Investors Hub Asian stocks finished on a mixed note on Friday as rising bond yields and mixed…
European Stocks Fall for Fifth Consecutive Session
By Investors Hub European stocks have fallen for a fifth consecutive session on Friday as the U.S. government…
Upbeat Jobs Data May Add To Interest Rate Concerns
By Investors Hub The major U.S. index futures are pointing to a lower opening on Friday, with stocks…
Seplat Lists Additional 25m Shares on Nigerian Stock Exchange
By Modupe Gbadeyanka Leading indigenous Nigerian oil and gas exploration and production company, Seplat Petroleum Development Company (Seplat)…
Stocks Value Rise by N65b Amid Drop in Trading Volume
By Modupe Gbadeyanka The value of equities listed on the Nigerian Stock Exchange (NSE) increased on Friday by…