The acquisition deal by Eco Atlantic in Block 3B/4B marks the revitalization of energy exploration across southern Africa, representing an important step to kickstarting domestic energy security on the back of oil and gas. Image Credit: AEC June 28, 2022/AEC Canadian-based oil and gas exploration company, Eco Atlantic, has, through […]
Updates
US Fed Announces Final Timeline, Implementation Details for Adoption of New Fedwire Funds Service Message Format
June 27, 2022/US Federal Reserve The Federal Reserve Board on Monday announced the final timeline and implementation details for the adoption of a new Fedwire Funds Service message format. The final details are broadly similar to the proposal issued last year. The Board confirmed that the new message format, ISO […]
MIDDAY UPDATE: Nigerian Stocks Gain +0.49%, Driven by Banking, Oil & Gas Counters
June 27, 2022/InvestmentOne Update ASI as at 12.00pm: +0.49% Market movers: ETI (+9.79%), JOHNHOLT (+9.52%), PZ (-9.20%) and RTBRISCOE (-8.33%). Sector Performances: Banking (+1.16%), Oil and Gas (+0.26%), Consumer Goods (-0.27%) and Industrial. Market activity: In today’s trade, total volume increased by 37%, while total value decreased by 6%, compared […]
