NSE Approves Rights Issue of Wapic Insurance
Dipo Olowookere By Dipo Olowookere The rights issue proposed by the board of Wapic Insurance Plc for the raising of…
October 2019
Rates to Rise as CBN Sells N133.97bn Treasury Bills Today
By Dipo Olowookere Treasury bills worth N133.97 billion would be offered to investors at the primary market on…
Weak Economic Data Weakens Crude Oil Prices
Adedapo Adesanya By Adedapo Adesanya Crude oil prices continued its steady fall on Tuesday as weak US economic data lowered…
Asian Equities Rise Tuesday Despite Weak Japanese Data
By Investors Hub Asian stocks rose on Tuesday as hopes grew of progress towards resolving the U.S.-China trade…
European Markets Down on Weak PMI Surveys
By Investors Hub European stocks have moved modestly lower on Tuesday as weak PMI surveys from the eurozone…
Trade Talks Optimism Triggers Buying Interest on Wall Street
By Investors Hub The major U.S. index futures are pointing to a higher opening on Tuesday, with stocks…
CBN Raises Loan to Deposit Ratio to 65%, Gives Fresh Deadline
By Dipo Olowookere The Central Bank of Nigeria (CBN) has upwardly reviewed the loan to deposit ratio for…
One-Year T-Bills Yields Fall to 14.96% from 15.10%
By Dipo Olowookere The average yields of treasury bills at the secondary market slightly rose by 0.03 percent…
Market Loses N22bn as Investors Selloff Shares of MTN, 17 Others
By Dipo Olowookere Profit-taking in the shares of MTN Nigeria and others on the floor of the Nigerian…
NSE Boosts Assets by 9% Amid 13% Drop in Transaction Fees
By Adedapo Adesanya The Nigerian Stock Exchange (NSE) recorded a boost in its total assets in the financial…