Profit-taking opportunities seen ahead H2, despite MPR hike
Businessam StaffJune 14, 2022
BY Business A.M. After closing with a strong gain of 5.7 percent month on month in April 2022, the month of May 2022 was again upbeat
Equity investments near N1trn on bullish NGX, investor confidence
Charles AbuedeMay 30, 2022
BY CHARLES ABUEDE With growing investors’ confidence in the local equities market, total domestic and foreign portfolio investment
Food Concept, NASD drive N1bn gains on NASD OTC Exchange
Charles AbuedeMay 30, 2022
BY CHARLES ABUEDE The bulls ruled on the NASD OTC Securities Exchange Index, which closed the week with a positive movement on the NSI
Investors take N596bn in one week, but bargain hunting to drive trade this week
Charles AbuedeMay 30, 2022
BY CHARLES ABUEDE A total of N595.9 billion profit was gained by investors last week as the week ended on a positive note in the midst
Naira reacts badly in the streets to hike in MPR, down N4 w/w
Charles AbuedeMay 30, 2022
BY CHARLES ABUEDE FX Market This week, the Nigerian Naira is expected to remain largely stable across all segments of the FX market as
Investors react positively to FBN Holdings’ stellar N757.6bn earnings
Charles AbuedeMay 26, 2022
BY CHARLES ABUEDE Investors reacted positively on Thursday to the stock of FBN Holdings which closed 1.9 percent higher when compared
Trust experts, CMOs chart ways to robust trust structure in Nigeria
Charles Abuede, Chisom NwatuMay 26, 2022
BY CHARLES ABUEDE & CHISOM NWATU The Association of Corporate Trustees (ACT) in Nigeria, in an effort to improve the confidence of
Naira down N7 w/w to N606 at the streets ahead MPC meeting
Charles AbuedeMay 23, 2022
BY CHARLES ABUEDE Foreign Exchange Market There is still no respite for the Nigerian Naira which traded at N606 to the dollar at the
Domestic equities: 5-week bull run turns red as Zenith, MTNN, GTCO see profit-taking
Charles AbuedeMay 23, 2022
BY CHARLES ABUEDE Last week was a mixed week of trading across the NGX when the five-week bullish streak was brought to a halt as the
Price, Friesland bonus drive N26.5bn gain for NASD investors
Charles AbuedeMay 16, 2022
BY CHARLES ABUEDE NASD investors gained N26.46 billion from profit-taking activities last week due to positive movement in prices and