Nigeria Week Ahead: Naira, PMI’s and Inflation in focus
Lukman OtunugaFebruary 9, 2021
Lukman Otunuga, Senior Research Analyst at FXTM The past few weeks have not been kind to the Naira. Foreign exchange shortages,
Reflation trade pushes equities to new records
Hussein SayedFebruary 9, 2021
By Hussein Sayed, Chief Market Strategist at FXTM Appetite for risk is not showing any signs of ebbing away. Asian
IBTC, Chapel-Hill, FBNQuest, FCMB, UCML top as FMDQ attracts N801.6bn CPs, N299.45bn bonds
Charles AbuedeFebruary 5, 2021
By Charles Abuede Nigeria’s financial market powerhouse, FMDQ Securities Exchange, attracted quotations worth N801.6 billion in
Have the rules changed for trading the US dollar?
Hussein SayedFebruary 4, 2021
By Hussein Sayed, Chief Market Strategist at FXTM Throughout the past several months, a risk rally ordinarily meant a weaker US
GTBank, Ecobank drag Nigeria ASI down with price declines as investors lose N23bn
Charles AbuedeFebruary 4, 2021
By Charles Abuede The sell-offs on the local bourse continued Wednesday with the All-Share index falling by 10 basis points to
Nigeria bourse retreats as sell-offs continue in Wapco, Zenith Bank, GTBank
Charles AbuedeFebruary 3, 2021
By Charles Abuede Market cap steeped to N21.9trn as investors lost N164.3bn on Tuesday Down from record levels Negative
Bulls’ charge lift market to N22.2trn as investors see gains of N740bn w/w
Charles AbuedeFebruary 2, 2021
By Charles Abuede Market analysts expect to see slight profit-taking at the start of trading this week However, they predict
Post-MPC meeting: Analysts predict CBN may apply unconventional tools to tweak rate
Charles AbuedeFebruary 2, 2021
By Charles Abuede Now that the much-anticipated January MPC meeting, which outcomes left analysts and investors
Bears lift yields across markets to 4% on outcome of MPC January meeting
Charles AbuedeFebruary 2, 2021
By Charles Abuede Naira loses confidence by N3.2 w/w in street fight with greenback High anticipation from market analysts for
Nigeria bourse rises to N22.1trn on buying sentiments in GTB, Zenith, Stanbic IBTC
Charles AbuedeJanuary 28, 2021
By Charles Abuede Investors gain N125bn The Nigerian equities market continues to enjoy positive momentum as early