FMDQ Total Income Slides 45% on Reduced FX Derivatives Trading
FMDQ Group Plc has reported a 45% slide in total comprehensive income for the 2021...
Markets
NGX Borrows N14.5bn to Finance CSCS Stake Purchase
The Nigeria Exchange Group (NGX) has taken on a term loan which increased its borrowings to the...
World’s Largest Crypto Trading Competition Breaks Records Despite The Bear Market
The WSOT, the world’s largest crypto trading competition, ended on a high note on July...
Stock Market Posts Marginal Loss, ASI Down 0.1%
Today, the local bourse posted a marginal loss following sell pressure on bellwether stocks –...
Equities Market Fails To Sustain Gains
Nigeria’s equities market on Wednesday failed to sustain preceding day’s gains after shedding N17billion...
Oil Prices Decline To $99.44 as OPEC+ Meet
Crude oil prices tracked lower as traders expect the oil market to stay stuffy after...
How Rising Energy Costs, FX Losses Down Dangote Cement’s Earnings By 33.8%
Dangote Cement (DANGCEM) recently released its Q2 22 unaudited financial results, with the group reporting...
Naira Weakens Further By 0.42% To $/N430.67 At I&E Forex Window
Nigerian Naira depreciated against the dollar at the Investors and Exporters window, exchanging at N430.67...
Panic Buying Of Dollars Is Causing The Crash Of The Naira – BDC Operators
The Association of Bureaux De Change Operators of Nigeria (ABCON) has said that panic buying...
Profit-taking Activities Drag Down Stock Market Performance
For the second consecutive week, investors’ profit-taking activities had dominated the equities market...
