Economy - Page 1267

NGX Index Down 0.06% on Sustained Profit-Taking in Banking Equities

April 19, 2024

By Dipo Olowookere More profit-taking in banking equities kept the Nigerian Exchange (NGX) Limited in the domain of the bears by 0.06 per cent

Economy

Nigeria: Inflation Moderates to 11.25% in March

April 16, 2019

Dipo Olowookere

By Dipo Olowookere The National Bureau of Statistics (NBS) on Tuesday said inflation rate in Nigeria eased to 11.25 percent in the month of

Economy

Nigerian Stocks Turn Bearish After 0.22% Loss

April 16, 2019

Dipo Olowookere

By Dipo Olowookere The first trading day of the week finished bearish on Monday after the market close 0.22 percent lower to reverse the

Economy

Nigeria to Resuscitate Metal Sector for Economic Growth

April 15, 2019

Modupe Gbadeyanka

The federal government has resolved to prioritize the resuscitation of the mineral and metal sector so as to pave way for Nigeria economic growth

Economy

Asian Equities Give up Early Gains to Finish Mixed

April 15, 2019

Modupe Gbadeyanka

By Investors Hub Asian stocks gave up early gains to end mixed on Monday, as investors looked for further signs of a pick-up in

Economy

European Stocks Close Mixed as EU Plans Retaliatory Tariffs on US Goods

April 15, 2019

Modupe Gbadeyanka

By Investors Hub European stocks are holding steady in cautious trading on Monday amid reports the European Union is considering hitting U.S. goods with

Economy

Impending Earnings News May Lead to Choppy Trading

April 15, 2019

Modupe Gbadeyanka

By Investors Hub The major U.S. index futures are pointing to a roughly flat opening on Monday, with stocks likely to show a lack

Economy

Investor to Build Sesame Processing Factory in Kano

April 15, 2019

Modupe Gbadeyanka

By Modupe Gbadeyanka A company known as Popular Farms & Mills Nigeria Limited has laid the foundation for 44,000 MTs per year Sesame Processing

Economy

PenCom Blacklists Bonds of Kwara, Akwa Ibom, 7 Others

April 15, 2019

Modupe Gbadeyanka

By Modupe Gbadeyanka Trading in the bonds of nine states of the federation has been restricted by the management of National Pension Commission (PenCom).

Economy

Okomu Oil: Compelling Growth Story Despite Weak Earnings

April 15, 2019

Modupe Gbadeyanka

By Cordros Research We update on OKOMUOIL following the 2018FY results and our recent discussion with management. After the unimpressive performance in 2018FY, we

Economy

Analysts Sees Drop in FGN Bond Prices

April 15, 2019

Modupe Gbadeyanka

By Modupe Gbadeyanka Last week, the value of FGN bonds traded at the over-the-counter (OTC) segment depreciated for most maturities tracked amid sustained bearish

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