Finance & Economy
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Stanbic IBTC reports N84.2 billion pre-tax profits, best quarter ever
Stanbic IBTC Holdings Plc, a Banking company in the Financial Services Sector, announced 123.23% Interest Income Growth in H1 2024…
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ACCESS BANK’s Stock Cheaper, Good for Buy, Hold
The ongoing recapitalization initiatives of Access Holding ,no doubt, have continued to receive more endorsement and seal with the growing…
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Stock Recommendation for the Week of August 27, 2024
The Nigerian equities market experienced sell-offs in three of the five weekly trading sessions, sending the market southward. The All-Share Index (ASI) fell -1.16% to…
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CBN Releases Inflation Expectations Survey Report for July 2024
The Central Bank of Nigeria (CBN) Inflation Expectations Survey (IES) for July 2024 was conducted from July 14-26, 2024, among…
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Investors Gained N271.61bn as NGXASI Advanced by 0.49%; BDC Rate Appreciated to N1,600/USD
Snapshot 1. EQUITIES MARKET 1.1 NGX – Listed Equities At the close of market on Tuesday, the Nigerian stock market extended…
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Edun Unveils ASAP Implementation Committee to Revitalise Key Economic Sectors
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has unveiled the implementation committee of the…
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Nigeria’s GDP Grew 3.19% YoY in Q2 2024
Nigeria’s Gross Domestic Product (GDP) grew by 3.19% year-on-year (YoY) in real terms in the second quarter of 2024, which…
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FG deficit rose to N824bn in April – CBN
The Federal Government’s fiscal deficit rose month-on-month by 0.1 per cent to N824.79bn in April from N823.91bn in March, the…
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Banks Recapitalization Watch for the week ended August 23, 2024
This week, the NGX-Banking Index fell by 0.37% week on week (W-o-W) to close at 840.77. Among the Tier 1 banks, GTCO’s share price…
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Access Bank raises N442 billion through syndicated Tier II Facility
Access Bank has collaborated with the Dutch Entrepreneurial Development Bank (FMO) to sign a syndicate Tier II Facility agreement valued…
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