Updates

Dr. Akinwumi Adesina, eighth President of the African Development Bank, sworn in for second term

Adesina – “Let us move forward, driven by the power of our mission, inspired by the primacy of our vision and emboldened by the strength of our togetherness” September 2, 2020/AfDB “Today, a rainbow stretches from the 81 member countries of the African Development Bank across the deep blue skies […]

Nigeria’s Total Trade Dips Sharply -27.30% in Q2’2020-NBS

September 2, 2020/NBS Key Highlights: Total Trade The value of total trade fell sharply by 27.30% in Q2, 2020 compared to Q1, 2020 and 27.46% compared to Q2, 2019 Imports: The value of total imports dropped by 10.69% in Q2, 2020 against the level recorded in Q1,2020 but increased by […]

MIDDAY UPDATE: Nigerian Stocks Head North , Boosted by Banking, Industrial Names

September 2, 2020/InvestmentOne Update ASI as at 12.00pm: +0.04%. Market movers: LIVESTOCK (+10.00%), ETERNA (+9.47%), WAPIC(-5.71%), and UBN (-5.66%). Sector Performances:  Banking (+0.14%), Industrial (+0.10%), Oil & Gas (-0.19%) and Consumer Goods (-0.08%).  Market activity: In today’s early trade, total volume and value declined by 90% and 65% respectively, compared to this time yesterday, when investors traded about 100million units of shares worth approximately N367million. TRANSCORP is the most actively […]