Analysis and Data

Nigerian-Stock-Exchange

Nigeria equity market maintains positive trend

The banking stocks were the toast of investors with Access Bank emerging the most traded.

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Nigeria’s active telecoms subscribers reduced to 149 million in April — NCC

Active telecommunications service customers declined by 3,217,688 in April, as against 152,467,198 in March.

Nigerian-Stock-Exchange

NSE index hits 33,000 mark

Market capitalisation inched N117 billion or 1.03 per cent to close at N11.503 trillion.

Nigerian-Stock-Exchange

Nigerian equities market at 11-month highest

Nestle, Dangote Cement, Conoil and Nigerian Breweries were the top gainers.

ANALYSIS: Nigeria, others hopeful as OPEC meets to extend oil output deal

The oil output deal led to a marginal increase in oil prices.

Nigeria foreign investment inflow declines 41 per cent; lowest in ten years

Lagos accounted for 95.32 per cent of capital imported into Nigeria in first quarter 2017.

Kaduna State Governor, Nasir el-Rufai

Kaduna releases 2016 Audited Accounts

The state says it reduced its recurrent expenditures by N5 billion during the financial year.

Nigeria, others benefit as oil prices surge 3 per cent

The development came after Iraq and Algeria joined Saudi Arabia in supporting an extension to OPEC supply cuts.

As Naira appreciates, Bureau de Change operators lose N130 million in one week – Official

The Naira traded at N440 last Monday while it closed at N390 to the dollar on Friday.

Naira gains N20 against dollar

A dollar exchanged for N430 on Tuesday.

Naira extends gain against dollar, sells at N440-N445 per dollar

An economist says CBN’s intervention is not sustainable.

Cost of refilling 5kg cooking gas cylinder increased by 5 per cent in February – NBS

States with the lowest average price, the report said, were Osun, Oyo and Ondo.

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Nigeria’s telecom consumers spent $6.6 billion in 2016 – NCC

NCC unveils Ali Nuhu and Helen Paul as “Face of the Nigerian Telecom Consumer”.

Oil prices rise on output cuts, after initial plunge

Oil prices had plunged 5 per cent to their lowest levels in 2017 on Wednesday.

Oil rises as OPEC sticks to output pledges

Heftier cuts by Saudi Arabia and Angola helped offset weaker compliance by other members.

Naira sustains gain on dollar at parallel market

The Naira exchanged at N460 to a dollar at the parallel market

Trade between Nigeria, South Korea drops 60 per cent

Nigeria and South Korea expressed worry over the decrease of $2.7 billion in the volume of trade between the two countries.

After recording N2 billion loss, Guinness Nigeria to offer N40 billion Rights issue

In 2015, Guiness Nigeria posted a Profit After Tax of N7.7 billion.

2016: Difficult year for Nigeria’s capital market

The total transactions at the nation’s bourse decreased significantly by 32.44 per cent.

Nigeria’s state-oil firm, NNPC, lost N418.97 billion in 21 months – Report

Nigeria’s crude oil production dropped by about 27.2 per cent between January 2015 and September 2016.

Naira Notes

Naira stabilises at N485 per dollar at parallel market

The Pound Sterling and the Euro closed at N602 and N515, respectively.

Naira defies recovery efforts, falls to 485 per dollar

As the holidays approach, the naira is fast losing strength.

Nigeria, others lost $16.3 trillion in 32 years to financial leakages, trade mis-invoicing – Report

The report captured details between 1980 and 2012.

Oil hits $55.33 high in buying rush after OPEC agreement

Brent crude rose to hit 55.33 dollars, its highest since July 2015.

Nigerian stock market appreciates marginally by 0.01 per cent

The market capitalisation, which opened at N8.855 trillion, rose by one billion or 0.01 per cent to close at N8.856 trillion.