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Zero Processing Fee; GTBank Removes POS Processing Fees to Support Businesses

The Zero Processing Charge campaign aligns with GTBank’s ongoing efforts to empower businesses with innovative financial solutions that drive growth and efficiency February 13, 2025/GTBank Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment […]

Intraday Update: Nigerian Stocks Inch Up+0.03% on Blue Chip Gains

February 13, 2025/InvestmentOne Update ASI as at 12.00pm: +0.03% Top Gainers and Losers: REGALINS (+10.00%), PZ (+9.96%), GOLDBREW (-9.91%) and ETERNA (-6.57%). Sector Performances: Consumer Goods (+0.23%), Oil & Gas (-0.23%), Industrial (-0.03%) and Banking. Market activity: In today’s trade, total volume and value declined by 6% and 13% respectively, […]

Coronation Fixed Income and Exchange Rate Update

February 12, 2025/Coronation Research Summary Last week, system liquidity closed negative at -N315.94bn (7th, February ’25), from N721.34bn in the previous week. Therefore, the Open Repo Rate (OPR) and Overnight Rate (O/N) edged higher at 32.42% and 32.75% respectively. We expect interbank rates to maintain the current levels barring any […]