Updates

Nigeria Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa

The signing of the FEDA Establishment Agreement is expected to pave the way for the ratification of the Agreement in due course May 3, 2024/Afreximbank The Federal Republic of Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development impact investment platform […]

Intraday Update: Nigerian Stocks Advance +0.42% on Blue Chips Interest

May 3, 2024/InvestmentOne Update ASI as at 12.00pm: +0.42%  Top Gainers and Losers: PRESCO (+9.96%), ELLAHLAKES (+9.93%), TANTALIZER (-10.00%) and NASCON (-9.94%).  Sector Performances: Banking (+3.65%), Consumer Goods (+0.08%),  Oil & Gas, and Industrial.  Market activity: In today’s trade, total volume and value both advanced by 18% and 1% respectively, […]

NDIC Reviews Upwards Maximum Deposit Insurance Coverage Level to N5m from 500K

Image Credit: NDIC May 2, 2024/NDIC ADDRESS OF THE MD/CE NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC) MR BELLO HASSAN AT THE PRESS CONFERENCE ON THE REVIEW OF THE MAXIMUM DEPOSIT INSURANCE COVERAGE LEVEL, THURSDAY 2ND MAY 2024 My Executive Directors and other members of staff of the NDIC, Ladies and gentlemen […]