Updates

Financial Experts Call for Reorganization of Nigeria’s Market Architecture

…Warn Against Unregulated Financial Institutions June 25, 2020/Zedcrest Investment Managers Lukmon Oloyede Stakeholders in the Nigerian Capital market, Asset Management and Banking Industries have called for a rethink of the nation’s economic philosophy and a reset of the financial market architecture. This was part of the major takeaways from the […]

MIDDAY UPDATE: Nigerian Stocks Gain +0.01% on Banking Counters

June 24, 2020/InvestmentOne Update ASI as at 12.00pm: +0.01%.  Market movers:  CHAMS (+9.52%), UNITYBNK (+9.26%).REDSTAREX (-9.86%) and  NEIMETH (-9.52%). Sector Performances: Banking (+0.08%), Consumer Goods (-0.16%), Industrial and  Oil & Gas. Market activity: In today’s early trade, total volume and value increased by 136% and 98% respectively, compared to this time yesterday as investors have traded about 78million units of shares worth about N561million. FBNH (+0.95%) is the most actively […]

AfDB approves EUR 88 million loan to Cameroon to finance COVID-19 response

In Cameroon, the pandemic has revealed the structural weaknesses of the country’s health system and economy June 23, 2020/AfDB The Board of Directors of the African Development Bank (www.AfDB.org) on Monday approved a EUR 88 million loan to Cameroon as direct budget support to finance the country’s COVID-19 crisis response. […]