Markets News Nigeria

African-Markets

• 5 stocks to watch in the Nigerian Exchange (NGX) during the coming week
  November 27, 2023
• Top 10 penny stocks outperforming Nigeria’s inflation rate
  November 20, 2023
• Nigeria : New e-dividend portal to become operational on 30th of November 2023 – SEC
  November 16, 2023
• Nigerian Exchange: New listings contribute over 10% to market capitalization in 2 years 
  November 16, 2023
• Union Bank delists from the Nigerian Exchange after 52 years
  November 15, 2023
• “Retail participation in the equity market increased to 35% in September” – Nigerian Exchange
  November 14, 2023
• Me Cure Industries lists on Nigerian Exchange, market cap jumps to N13bn
  November 9, 2023
• Airtel Africa generates half-year revenue of $2.62 billion in H1 2024
  October 31, 2023

Guardian Capital Market

• Financial stocks lead NGX activities, drive volume by 59.4 per cent
  November 20, 2023
• SEC to monitor capital market operations real-time
  November 20, 2023
• Bargain hunting persists on NGX as indices rise further by N113b
  November 16, 2023
• Indices dip by N130b amid sell pressure in BUA Cement, 17 stocks
  November 14, 2023
• NGX considers dual listing with Saudi Stock Exchange
  November 13, 2023

Abokifx

• Nigeria Debt Costs Pressure Social Spending in 2024 Budget – BLOOMBERG
  November 29, 2023
• U.S. Rate-Cut Possibility Pushes Down Dollar and Bond Yields – THE WALL STREET JOURNAL
  November 29, 2023
• Dollar rises from three-month low; euro dips as inflation cools – REUTERS
  November 29, 2023
• Pound touches highest against dollar since August – REUTERS
  November 29, 2023
• Euro zone yields fall, markets increase bets on rate cuts after inflation data – REUTERS
  November 29, 2023

CBN

• Press Release: CBN Directs Banks to Issue, Accept Old, Redesigned Naira Banknotes
  November 29, 2023
• CBN Update – October 2023
  November 23, 2023
• Press Release: CBN To Allow Old Design Naira Banknotes as Legal Tender, Ad Infinitum
  November 14, 2023
• Press Release: All Banknotes Issued by the CBN Remain Legal Tender
  November 8, 2023
• CBN Press Release: We Have Sufficient Stock of Currency Notes – CBN
  November 2, 2023

Ripplesnigeria

• Naira rebounds slightly, gains N50 to hit N831.47/$1 at official market
  November 30, 2023
• Naira slumps to N814.60/$1 against the dollar at official market 
  November 28, 2023
• Naira rebounds to 794.89/$1 at official window, N1155/$1 at parallel market
  November 25, 2023
• Naira continues to slump at official, parallel market windows
  November 24, 2023
• Naira slumps further to N1,170/$1 at black market as forex turnover hits $198.21m
  November 23, 2023

Nationalplanning

• Bagudu lauds Nigeria’s Visualized web platform project … says initiative will promote data usage, foster positive change
  November 29, 2023
• Bagudu advocates improved support for health sector financing …meets GAVI, others on accountability framework for Immunization financing
  November 23, 2023
• Nigeria to partner with Denmark on Green Transition Economy
  November 20, 2023
• Senator Bagudu seeks Netherlands partnership to boost food security, other critical sectors
  November 14, 2023
• FG Set to Partner with Private Sectors for Improved Economy
  October 24, 2023
• Bagudu receives the United Nations on a Courtesy visit. ….discusses strategic collaborations on Sustainable Development Goals ….schedules meeting with steering committee
  October 20, 2023
• Bagudu lauds EU’s support for Nigeria’s economic prosperity, Renewed Hope Agenda …signs multi-billion naira Financing Agreement with EU to develop key economic sectors
  October 20, 2023

Ngxgroup

• NGX Regco Builds Shareholders’ Capacity on Corporate Governance in Listed Corporates
  November 28, 2023
• Top Ten Stockbrokers for the week ended 24-11-2023
  November 24, 2023
• Top Ten Stockbrokers for the week ended 17-11-2023
  November 17, 2023
• Top Ten Stockbrokers for the week ended 10-11-2023
  November 10, 2023
• NGX Notification of Effective Date of Revised Listing Fee Structure (Issuers Rules – Appendix IV) NGX Rulebook – November 2023
  November 9, 2023

Independent Banking

• 3rd Anniversary: 9PSB Partners LFBI, Distributes Food Boxes To Elderly, Widows
  November 30, 2023
• 3rd Anniversary: 9PSB Partners Lagos Food Bank Initiative To Distribute Food Boxes
  November 29, 2023

Guardian Money

• Naira holds firm, trades below N1000/$ at parallel market
  November 6, 2023
• ACTN tasks government on convergence of exchange rate
  October 20, 2023
• CBN lifts restrictions on 43 items, unveils measures to address distortions
  October 13, 2023
• CBN insists eNaira is no threat to financial stability
  October 10, 2023
• Expert seeks broader digital currency adoption in Africa
  October 4, 2023

Independent Investors

• NGX Bullish Momentum Continues On Strong Corporate Earnings, Seasonality
  November 20, 2023
• Customs Nets 21.34bn At PTML Command, Task Importers On Transparent Declaration Of Goods
  October 18, 2023

Nairametrics Market

• Naira bounces back, rises to N831.47/$1 at the official market   
  November 29, 2023
• SEPLAT, NESTLE lead gainers chart as NGX rebounds by 0.37%
  November 29, 2023
• Old naira notes: CBN affirms Supreme Court’s ruling, directs banks in Nigeria to comply 
  November 29, 2023
• Old naira notes to remain legal tender until further notice, Supreme Court rules 
  November 29, 2023
• Naira drags lower despite U.S dollar index hitting a three-month low
  November 29, 2023
• FCMB achieves 108% year-on-year profit growth in nine months of 2023 
  November 29, 2023
• Naira’s freefall continues as NAFEM closing rate hits N881.88/$1 
  November 28, 2023

Nairametrics Commodities

• Gold lost $21 per ounce despite Israel’s war with Hamas
  October 16, 2023
• Why gold looks so cheap, downside risks still remain high 
  October 3, 2023
• Price stagnation on petrol in Nigeria affirms subsidy as brent crude hits $95 a barrel
  September 19, 2023
• Investors bid N808 billion worth of treasury bills at 9.8% per annum 
  August 9, 2023
• Investors bid N384 billion worth of Treasury bills at 12.15% per annum
  July 26, 2023
• Climate change, high demand, speculation push Cocoa prices near 52-week high
  July 10, 2023
• Crude oil prices rise for a second straight week, Brent crude up nearly 2% WoW
  July 7, 2023

Vanguard Money

• How small businesses can adopt modern strategies, survive Nigerian market
  November 6, 2023
• FG’s non-compliance with laws on pension administration, violation of rights of pensioners
  November 6, 2023
• Optiva Capital is the market leader in investment immigration services – Okeke
  November 6, 2023
• Managing tax issues in a small business, by Etireri
  November 6, 2023
• How to grow a micro or small business – Dr Jennifer Seidu
  October 3, 2023

Independent Earnings

• The Fortune In Nigeria’s Educational Sector (2)
  October 19, 2023
• Dangote Sugar Hires 7,000Nigerian Youth Annually
  October 19, 2023

Investing Commodities

• Oil prices dip as China PMIs disappoint, OPEC+ cuts in focus
  November 30, 2023
• Oil prices settle higher after supply disruptions; OPEC+ meeting eyed
  November 29, 2023
• Gold prices race to near 7-mth high on dovish Fed speak
  November 29, 2023
• Oil Inventories Fall by 817,000 Barrels Last Week: API
  November 28, 2023
• Oil prices settle higher amid dent in dollar, potential OPEC+ output cuts
  November 28, 2023

Independent Consumers

• Respite Beckons For Consumers As CBN Signals Tighter Policies To Combat Inflation
  November 27, 2023
• ‘In Lagos, Accommodation On The Island Is Pricier But Affordable On Mainland’ 
  November 20, 2023

Investing Stocks

• Primerica's Household Budget Index shows increased purchasing power in October
  November 30, 2023
• Australia stocks higher at close of trade; S&P/ASX 200 up 0.74%
  November 30, 2023
• Tata Technologies soars 140% on stock market debut
  November 30, 2023
• Japan, South Korea stocks set for stellar gains in Nov, China lags
  November 30, 2023
• Qualcomm shares see modest gain in choppy market conditions
  November 30, 2023

Independent Companies

• Dufil Boosts Nigerian Teachers’ Value With Educational Tools
  October 25, 2023
• WACT Signs Agreement To Develop Rivers Community
  October 25, 2023

Investing Economic Indicators

• China's manufacturing PMI shrinks further in Nov, misses expectations
  November 30, 2023
• Australia CPI inflation eases more than expected in Oct, but remains sticky
  November 29, 2023
• Australia retail sales shrink in Oct as spenders hold out for Black Friday
  November 28, 2023
• Japan core CPI inflation grows slightly less than expected in Oct
  November 23, 2023
• Australian jobs surge in Oct, but labor market still seen cooling
  November 16, 2023

Independent Company News

• Google Set To Mass Delete Old Gmail, Photos Content This Week 
  November 29, 2023
•  70 Winners Emerge In Stanbic IBTC’s Reward4Saving 3.0 Promo Draw
  November 29, 2023

Premiumtimesng

• ANALYSIS: Implications of CBN’s revised forex policy on food security
  October 22, 2023
• Battling to make ends meet? Financial planning expert offers 5 tips on how to build your budget
  October 17, 2023
• Why cargo haulage on Lagos-Ibadan rail was stalled for two years
  October 16, 2023
• Nigerians abroad remitted $20.1bn in 2022 – Report
  September 20, 2023
• Nigeria’s foundering economy to test mettle of new ministers Edun, Anite, Bagudu
  August 22, 2023