Economy - Page 1337

Naira Loses 2.2% at Official Market, Trades N1,339/$1

April 27, 2024

By Adedapo Adesanya The Naira closed the final session of the week weaker against the United States Dollar in the Nigerian Autonomous Foreign Exchange

Economy

Caution in Credit Extension

December 12, 2018

Modupe Gbadeyanka

By FBNQuest Capital Research The NBS recently released a report for Q3 2018 in its Selected Banking Sector Data series, drawn from the CBN.

Economy

Nigeria’s Trade Surplus at N681.3b in Q3

December 12, 2018

Modupe Gbadeyanka

By United Capital Research The National Bureau of Statistics recently published Nigeria’s foreign trade statistics for Q3-18, which showed that trade balance (exports minus

Economy

Dangote Cement Lifts Nigerian Stock Market by 0.34%

December 12, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka Gains recorded by Dangote Cement and some other blue-chip equities pushed the Nigerian Stock Exchange (NSE) to the green territory on

Economy

T-Bills Market Bearish as Lending Rate Hits 70.92%

December 12, 2018

Dipo Olowookere

By Dipo Olowookere The treasury bills market maintained its bearish position on Tuesday as the Central Bank of Nigeria (CBN) sustained its aggressive OMO

Economy

Stockbrokers Must Not Guarantee Clients Return on Investment–SEC

December 11, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka Stockbrokers operating in the Nigerian capital market have been told never to offer guaranteed investment product to its clients on investment

Economy

Capital Importation into Nigeria Drops 31.12% in Q3 2018

December 11, 2018

Dipo Olowookere

By Dipo Olowookere The National Bureau of Statistics (NBS) on Tuesday released the Nigerian Capital Importation report from the third quarter of 2018. In

Economy

Edo Agric Fair: Obaseki Wants More Tech-Savvy Farmers

December 11, 2018

Dipo Olowookere

By Dipo Olowookere Governor Godwin Obaseki of Edo State has made a case for intensive extension service that will link farmers to new technologies

Economy

Chinese, Hong Kong Shares Rise as Japanese Stocks Fall

December 11, 2018

Dipo Olowookere

By Investors Hub Asian stocks ended a choppy session on a mixed note on Tuesday after U.S. shares recovered from sharp losses to close

Economy

European Shares Appreciate Despite Brexit Uncertainty

December 11, 2018

Dipo Olowookere

By Investors Hub European stocks have moved mostly higher on Tuesday, even as the underlying tone remains cautious amid Brexit uncertainty and concerns over