Economy - Page 1359

Equity Market Sinks 0.35% as Traders Offload Oando, FBN Holdings

April 23, 2024

By Dipo Olowookere The equity market reacted to the release of the much-awaited financial statements of Oando Plc on Tuesday, closing lower by 0.35

Economy

Niger Republic Gives Oil Blocks to Nigeria’s Oranto Petroleum

October 30, 2018

Dipo Olowookere

By Dipo Olowookere A company owned by Nigerian business mogul, Mr Arthur Eze, Oranto Petroleum, has secured oil blocks in the Republic of Niger.

Economy

Algorand Obtains $62m Equity Investment

October 30, 2018

Dipo Olowookere

By Dipo Olowookere The management of Algorand, a first-of-its-kind blockchain and cryptocurrency purpose built for business, has announced the closure of a $62 million

Economy

P+ Measurement Services Hosts AMEC Measurement Month in Nigeria

October 30, 2018

Dipo Olowookere

By Dipo Olowookere The month of November 2018 has been fixed for the AMEC’s Measurement Month, with about 86 countries participating from 5th to

Economy

LCCI International Investment Conference Holds Thursday

October 30, 2018

Dipo Olowookere

By Dipo Olowookere The Lagos Chamber of Commerce and Industry (LCCI) will on Thursday, November 1, 2018 hold its International Investment Conference in Lagos.

Economy

Stakeholders Brainstorm at Maiden MasterCard Africa Debit Forum

October 29, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka A platform to ensure there is a stronger payment ecosystem across Africa has taken place in Barcelona, Spain. Called the African

Economy

CBN Likely to Offer PMA Rates at Over 14%

October 29, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka On Wednesday, October 31, 2018, the Central Bank of Nigeria (CBN) will conduct the sale of treasury bills via primary market.

Economy

FGN Bond Prices Fall on Bearish Investor Sentiment

October 27, 2018

Dipo Olowookere

By Cowry Asset In the just concluded week, Debt Management Office (DMO) issued bonds worth N110billion, viz: 12.75% FGN APR 2023 (5-Yr Reopening) worth

Economy

Naira Gains 0.05% at I&E, Loses 0.08% at Interbank, Flat at BDC

October 27, 2018

Dipo Olowookere

By Dipo Olowookere The local currency traded mixed against the United States Dollar at the various segments of the foreign exchange (forex) market this

Economy

T-Bills Market Reverses Losses After Significant Boost in Liquidity

October 27, 2018

Dipo Olowookere

By Dipo Olowookere A significant boost in system liquidity on Friday influenced a reversal in losses from Thursday’s session at the local treasury bills

Economy

Local Stock Market Improves by N133b

October 27, 2018

Dipo Olowookere

By Dipo Olowookere Transactions on the floor of the Nigerian Stock Exchange (NSE) maintained an upward trajectory on Friday by appreciating by 1.11 percent.

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