Bullish sentiments prevailed in the domestic equities market in this week’s trading, as the All-Share index notched a 0.9% gain, closing the week at 49,316.29 points. December 16, 2022/Cordros Report Global Economy The Federal Open Market Committee (FOMC), in the last meeting for the year, voted to raise the target […]
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DMO Raises N615.557Bn Sukuk Funds in 4 years
December 16, 2022/CAMCAN The Debt Management Office (DMO) has raised N615.557 billion through Sukuk for the rehabilitation and construction of new roads across the country in four years. The Director-General of DMO, Ms Patience Oniha, made this known in her presentation titled: “Nigeria Public Debt – Some Considerations,” at the […]
Intraday Update: Nigerian Stocks Head Northward +0.05% on Consumer Goods Gains
December 16, 2022/InvestmentOne Update ASI as at 12.00pm: +0.05% Market movers: GEREGU (+3.92%) and GTCO (+1.46%) Top Gainers and Losers: PZ (+9.73%), GEREGU (+3.92%), ACADEMY (-9.70%) and UACN (-9.52%). Sector Performances: Consumer Goods(+0.14%), Banking (-0.03%), Industrial, and Oil and Gas. Market activity: In today’s trade, total volume declined by 83% […]
