January 3, 2025/CSL Research In 2024, Nigeria faced a significant liquidity crunch in its money market, posing substantial challenges for financial institutions, businesses, and the broader economy. According to the Central Bank of Nigeria’s (CBN) Q3 2024 Economic Report, this liquidity shortfall was driven by a combination of monetary tightening, […]
Author: InvestAdvocate
Intraday Update: Nigerian Stocks Inch Up +0.27%, Buoyed by Blue Chips
January 3, 2025/InvestmentOne Update ASI as at 12.00pm: +0.27% Top Gainers and Losers: ABBEYBDS (+10.00%), NEM (+10.00%), INTBREW (-5.45%) and JOHNHOLT (-3.72%). Sector Performances: Banking (+0.85%), Oil & Gas (+0.11%), Industrial (+0.02%) and Consumer Goods (-0.37%). Market activity: In today’s trade, total volume and value rose by 29% and 40% […]
SEC: New Rules and Sundry Amendments to the Rules and Regulations of the Commission
January 2, 2025/SEC Nigeria PREAMBLE New Rules 1. New Rule on Issuance of Commercial Papers Sundry Amendment 2. Amendment to Rule 8 (Exemptions) 3. Amendment to the Rule on Annual Supervision Fees for Collective Investment Schemes The details of the New Rules and Amendments are as follows: 1. […]
