Updates

Intraday Update: Nigerian Stocks Rise +1.24% on Gains Across Sectors

December 30, 2020/InvestmentOne Update ASI as at 12.00pm: +1.24%. Market movers: BUACEMENT (+10.00%), ETERNA (+10.00%), FTNCOCOA (-9.88%) and DEAPCAP (-7.41%). Sector Performances:  Industrial (+3.88%), Consumer Goods (+0.53%), Banking (+0.38%) and Oil & Gas. Market activity: In today’s early trade, total volume and value fell by 76% and 21% respectively compared […]

The 59th FirstBank Lagos Amateur Golf Open Championship Tees-Off

December 29, 2020/FirstBank of Nigeria Nigeria’s premier and leading financial inclusion services provider, First Bank of Nigeria Limited has announced that the 59th edition of its annually sponsored Lagos Amateur Golf Championship Teed-Off at the golf section of Ikoyi Club 1938 on Monday, 28 December 2020. The competition, which is […]

FGN’s Q3 2020 Deficit on Target, Spending Compressed

December 29, 2020/Proshare By FBNQuest Research The FGN’s revenue has crashed dramatically this year due to the spread of Covid-19, the official response to contain its impact and the related decline in the oil price. These broad trends we noted in our pre-holiday daily note on gross, federally collected revenue […]