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Cost Saving: Ecobank to Host SMEs on the Need for Solar Energy as Alternative Power Source

July 18, 2024/Ecobank Nigeria Ecobank Nigeria, a subsidiary of the Ecobank Group says all is set for its SME Conference on the use of Solar Energy as alternative source of power for businesses in Nigeria. The monthly virtual  conference is part of the Bank’s  MySME Growth Series designed to empower […]

NGXASI Gains +0.47%, Driven by AIRTELAFRI, OANDO, UCAP

July 18, 2024/NGX The NGXASI advanced by 0.47% today to close at 100,503.21pts, as gains in UCAP (+9.92%), OANDO (+9.76%) and AIRTELAFRI (+4.76%) drove the domestic bourse into the green terrain. In the fixed income space, the Treasury Bills secondary market closed bearish, largely due to selloffs at the belly and long […]

Coronation Fixed Income and Exchange Rate Update

July 18, 2024/Coronation Research Summary Opening market liquidity was reported at -N663.8bn on Friday (12, Jul ‘24). Call, overnight, and repo rates closed within the range of 9% – 32%, as rates in the money market tightened. Last week, the average NTB yield increased by +50bps to close at 23.3% […]