The six-week losing streak in the market came to a halt this week, as investors reacted positively to juicy dividends declared by blue-chip companies DANGCEM and STANBIC. Consequently, the All-Share Index advanced by 2.2% w/w to close at 39,216.20 points. March 26, 2021/Cordros Report Global economy Overall business activity in […]
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Planning an Economy that Works for All Nigerians-Osinbajo
*VP adds: Mr President’s priority is how to lift 100m Nigerians out of poverty March 26, 2021/OVP In order to bring about a society and economy that works for all especially the poor and vulnerable, Nigeria’s national development plans must among other things, promote economic diversification, be modern, ambitious, realistic, flexible […]
A Satisfactory Bond Auction for the DMO
March 26, 2021/Proshare By FBNQuest Research The DMO conducted its monthly auction of FGN bonds on Wednesday. It offered NGN150bn, raised NGN262bn (USD640m) and secured a total bid of NGN333bn. It will be pleased by the size of the total bid, which was the highest since September (NGN350bn). The marginal […]
