Monday, 21 Sepember 2020 ZENITH: Zenith bank showed commendable and resilient growth in its H1 2020 earnings, despite pressure on … More
Author: nairawebng
Markets at a Glance
Monday, 21 September 2020 EQUITIES • The All-Share Index rose 0.1% to 25,574.35, with market capitalization at 13.36 trillion • … More
NSE Weekly Report
Friday, 18 September 2020 EQUITYA total turnover of 1.139 billion shares worth N12.692 billion in 17,109 deals were traded this … More
Revenue Agents: a Growing Menace
Money Palaver By George Eze Emeghara Last week two videos went viral. One showed a poultry farmer who lost newly … More
Daily Market Wrap
Friday, 18 September 2020 EQUITIES • The All-Share Index fell rose 0.16% to 25,572.57, with market capitalization at 13.36 trillion … More
FIRS Says Rule on Bank Accounts Only for Non-Residents
By Bashir Olanrewaju Friday, 18 September, 2020 Nigeria’s Federal Inland Revenue Service said a new rule demanding self certification for … More
Daily Market Wrap
Thursday, 17 September 2020 EQUITIES • The All-Share Index fell 0.07% to 25,532.74, with market capitalization at 13.34 trillion naira.• … More
Nigerian Unions Threaten Strike Over Hikes in Energy Prices
By Bashir Olanrewaju The Nigerian Labour Congress, the country’s biggest trade-union federation, said it will begin an indefinite strike on … More
Daily Market Wrap
Wednesday, 16 September 2020 EQUITIES The All-Share Index fell 0.19% to 25,550.31, with market capitalization at 13.35 trillion naira. The … More
Turning Tides and an Old Adage
Penny Wisdom The going maxim since the dawn of time has been: Penny wise, Pound stupid. Only God knows why … More
Daily Market Wrap
Tuesday, 15 September 2020 EQUITIES Nigerian equity market closed on a negative note today as All Share Index marginally decreased by … More
Nigeria’s Inflation Jumped to 13.2% in August on Food Costs
By Our Reporter Tuesday, 15 September 2020 Nigeria’s consumer price index jumped 13.3 percent in August from a year earlier, … More
Daily Market Wrap
Monday, 14 September 2020 EQUITIESThe Nigerian equity market closed on a positive note today as All Share Index marginally increased … More
Nigeria to Regulate Trading in Digital Assets
By Our Reporter Trading in digital cuurencies in Nigeria will come under regulation to make it’s transparent and not detrimental … More
Lead Weekly Stock Recommendations
Monday, 14 September 2020 ZENITH: Zenith bank showed commendable and resilient growth in its H1 2020 earnings, despite pressure on earnings … More
The Depositors’ Dilemma as Ponzi Schemes Beckon
With inflation said to be running at about 15 percent, a deposit of one million naira in January 2020 will earn 15,000 naira in interest after one year. It will also lose 150,000 naira to inflation, giving a net loss in value of 135,000 naira. When the effects of currency devaluation are factored in, the situation becomes even more dire.
Weekly Nuggets
Saturday, 12 September 2020 Nigerian Manufacturers Say Unsold Goods at an All-Time High The Manufacturers Association of NIgeria said unsold … More
Daily Market Wrap
Friday, 11 September 2020 EQUITIESThe Nigerian equity market closed on a positive note today as All Share Index increased by … More
Daily Market Wrap
Thursday, 10 September 2020 EQUITIESThe Nigerian equity market closed on a positive note today as All Share Index increased by … More
Deposits Soar as Nigerians Prefer Saving to Investment, CBN Says
By Our Reporter Wednesday, September 9, 2020. Deposits are soaring in Nigeria, with people showing a preference to save rather … More
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