Economy - Page 1374

Panic as Nigerian Government Resumes Clampdown on Street FX Traders

May 7, 2024

By Dipo Olowookere There is palpable fear in the black market segment of the currency market in Lagos as security officials have resumed clampdown

Economy

T-Bills Yields Rise by 0.25% as CBN Sells One-Year Bills at 14%

October 18, 2018

Dipo Olowookere

By Dipo Olowookere Selling pressure dominated the treasury bills secondary market on Thursday as news of a higher than expected OMO clearing rate filtered

Economy

Seplat Sheds N15 Per Share on News of Chairman’s $144m Court Case

October 18, 2018

Dipo Olowookere

By Dipo Olowookere Shares of Seplat Plc have depreciated by N15 since the beginning of this week, Business Post is reporting. This development came

Economy

Asian Equities Fall on Rising US Interest Rates

October 18, 2018

Dipo Olowookere

By Investors Hub Asian stocks finished mostly lower on Thursday as investors fretted about slowing Chinese growth and the impact of rising U.S. interest

Economy

European Shares Turn in Lacklustre Performance

October 18, 2018

Dipo Olowookere

By Investors Hub European stocks are turning in a lackluster performance on Thursday as investors digest a slew of earnings reports and ponder the

Economy

US Stock Markets Open Lower as Fed Considers One More Rate Hike

October 18, 2018

Dipo Olowookere

By Investors Hub The major U.S. index futures are pointing to a lower opening on Thursday, with stocks likely to move to the downside

Economy

NSE Seeks Input on Future of Capital Markets, Financial Systems

October 18, 2018

Dipo Olowookere

By Dipo Olowookere Information reaching us indicates that all is now ready for the third edition of the Nigerian Stock Exchange (NSE) Market Data

Economy

Dangote Cement, Seplat Drag Index Down by 0.87%

October 18, 2018

Dipo Olowookere

By Dipo Olowookere The gains recorded by the Nigerian Stock Exchange (NSE) on Tuesday were reversed on Wednesday following the losses posted by Dangote

Economy

Nigeria Sells N147.6b Treasury Bills, Raises Rates by 0.26%

October 17, 2018

Dipo Olowookere

By Dipo Olowookere The Debt Management Office (DMO) on Wednesday conducted another sale of treasury bills via Primary Market Auction (PMA). During the exercise,

Economy

Senate Approves Buhari’s Request to Issue $2.8b Eurobond

October 17, 2018

Dipo Olowookere

By Dipo Olowookere The Nigerian Senate on Wednesday approved the request by President Muhammadu Buhari to raise Eurobonds worth $2.786 billion. The proposed external

Economy

Asian Shares Grow After US Stocks Post Biggest Gains in 6 Months

October 17, 2018

Dipo Olowookere

By Investors Hub Asian stocks climbed on Wednesday after U.S. shares posted their biggest gain in six months overnight following strong earnings from major

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