Markets at a Glance

Friday, 16 October 2020 EQUITIES • The All-Share Index rose 1.11% rose 28,659.45 with a market capitalization at 14.97 trillion … More

Nigeria to Sell 30 Billion Naira of Bonds Next Week

Bashir Olanrewaju Friday, 16 October 2020 Nigeria plans to sell 30 billion naira worth of bonds next week as the … More

Paystack of Nigeria Bought by Stripe of U.S. for $200 Million

By Abdul Yahaya Nigerian digital payments company Paystack is being acquired by U S. technology company Stripe Inc for $200 … More

Markets at a Glance

Thursday, 15 October 2020 EQUITIES • The All-Share Index ended flat at 28,344.04 with a market capitalization at 14.81 trillion … More

Nigeria’s Inflation Accelerates for 13th Month, Now at 13.7%

By Chuks Emele Thursday, 15 October 2020 Nigeria’s annual inflation accelerated for the 13th consecutive month in September to 13.7 … More

Nigerians Fear Internet Shutdown as Protests Persist, Businesses Hurt

By Bashir Olanrewaju and Abdul Yahaya There are mounting fear that Nigeria might shut its internet network to curb protests … More

Markets at a Glance

Wednesday, 14 October 2020 EQUITIES • The All-Share Index barely changed at  28,344.33 with a market capitalization at 14.81 trillion … More

Markets at a Glance

Tuesday, 13 October 2020 EQUITIES • The All-Share Index rose  0.02% to 28,344.04 with a market capitalization at 14.81 trillion … More

Nigeria Braces for Disruptions as Anti-Police Protests Spread

By Our Reporters Tuesday, 13 October 2020 Protests against Nigerian police abuses entered the second week with further disruptions expected … More

Markets at a Glance

Monday, 12 October 2020 EQUITIES • The All-Share Index fell  0.27% to 28,337.49 with a market capitalization at 14.81 trillion … More

Banks Must Comply With Payments Confirmation Rules, CBN Says

By Sahabi Abdul Banks operating in Nigeria were directed by the Central Bank of Nigeria to ensure they comply with … More

Markets at a Glance

Friday, 9 October 2020 EQUITIES • The All-Share Index fell  0.46% to 28,415.31 with a market capitalization at 14.85 trillion … More

Central Bank Warns Against Loan, Investment Scams

Friday, 9 October 2020 By Chuks Emele The Central Bank of Nigeria warned members of the public to be wary … More

Markets at a Glance

Thursday, 8 October 2020 EQUITIES • The All-Share Index fell  0.31% to 28,546.22 with a market capitalization at 14.92 trillion … More

Buhari Proposes More Borrowing, More Spending in 2021

Thursday, 8 October 2020 By Bashir Olanrewaju President Muhammadu Buhari tabled proposals before a joint session of the legislature in … More

Markets at a Glance

Wednesday, 7 October 2020 EQUITIES • The All-Share Index fell  0.95% to 28,634.35 with a market capitalization at 14.97 trillion … More

Nigerian Household Debts Mount as Pandemic Ravages Incomes

By Bashir Olanrewaju Wednesday, 7 October 2020 Debts owed by Nigerian households are on the increase in the aftermath of … More

Markets at a Glance

Tuesday, 6 October 2020 EQUITIES • The All-Share Index gained  4.921% to 29,909.37 with a market capitalization at 15.1 trillion … More

Nigerian Stocks Maintain Winning Streak, Erase Losses

By Chuks Emele Monday, 6 October 2020 Nigerian stocks gained for the 12th straight day on Monday on a winning … More

Markets at a Glance

Monday, 5 October 2020 EQUITIES • The All-Share Index gained  2.11% to 27,554.49 with a market capitalization at 14.4 trillion … More