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Markets - Page 130

Market Analysis: Nigeria’s Q2 Growth Numbers In View

Sector details from today's GDP, especially the balance between services resilience and oil price variability, could shape positioning for the meeting, Daniel Wesonga, Pepperstone'sSenior Sales Manager, said in an exchange with Prime Business Africa Friday morning.

September 12, 2025

Markets

Cash Tender Offer For Outstanding UBA’s $500mn Notes, Expires November 16

There are indications that the expiration date for a cash tender offer on the outstanding $500 million, United Bank for Africa Plc’s (UBA) notes launched alongside $300 million new issue is November 16. Citibank, Mashreqbank, Renaissance Capital and Standard Chartered Bank are

November 14, 2021

Markets

Customers Laud Made-in-Aba Products, Commend Trade Fair Organisers

CUSTOMERS on Saturday, expressed satisfaction with the quality of products displayed by the exhibitors at the ongoing 8th edition of Made-In-Aba Trade Fair in Abuja. The customers, in separate interviews also expressed delight for extending the event earlier scheduled to end Nov.

November 14, 2021

Stock Market Cap Closes At N34.97trn, Investors Gain N40.9bn

Currency·Markets

Exchange Rate Update: Friday 12 October, 2021

Data at the FMDQ Security Exchange where forex is traded officially has shown that the exchange rate between the naira and the US dollar opened at ₦414.39/$1 on 12th November 2021 after closing at ₦414.73/$1. Showing a change of 0.03 Also, at

November 12, 2021

Markets

Nigeria Exporting Gas While Citizens Can’t Buy Due To Price Surge — Economist

MUDA Yusuf, an economist and former Director-General, Lagos Chamber of Commerce and Industry has described the recent hike in price of Liquefied Petroleum Gas (LPG) as inimical to the drive to promote the use of clean energy and protect the environment. Mr

November 11, 2021

Markets

FG Plans To Sell N150bn Bond For November 2021

The Federal government through the Debt Management Office (DMO) plans to offer FGN bond worth ₦150 billion through re-opening of 10-year (₦50 billion), 20-year (₦50 billion), and 30-year (₦50 billion) tenors. The bond auction from the debt office is scheduled to be

November 11, 2021

Currency·Markets

Exchange Rate update: Thursday, 11th Of October, 2021

Data at the FMDQ Security Exchange where forex is traded officially has shown that the exchange rate between the Naira and the US dollar opened on Thursday, November 11, 2021, at N414.28/$1 after it closed at ₦414.73 to a $1 on Wednesday,

November 11, 2021

Markets

Financial Services Lead Stock Market, As Decline On Profit Taking Weakens

AS profit-taking subsisted, a couple of stocks dominated by financial services weakened Nigerian stocks by 0.05 per cent on Wednesday. They shed part of the weight from recent marginal gains, setting the total valuation of stocks on a downward course. The stocks

November 11, 2021

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Markets

Stock Market Records Decline After Days Of Gaining, Investors Lose N12bn

The trading activities on the floor of Nigerian Exchange Limited on Wednesday ended on a negative note after three consecutive days of gaining as investors lost N12.13bn. The NGX All-Share Index fell by 0.05 per cent to close at 43,707.30 basis points

November 11, 2021

Markets

Fitch Rates UBA’s $1.5bn Programme ‘B (EXP)’

… Fidelity Bank’s $400mn Notes ‘B-‘ Fitch Ratings has assigned United Bank For Africa (UBA)Plc’s new $1.5billion global medium-term note programme (GMTN), expected long- and short-term ratings of ‘B(EXP)’ and ‘B(EXP)’, respectively. The global rating agency also assigned Fidelity Bank PLC’s $

November 10, 2021

Currency·Markets

eNaira Speed Wallet App Gains Traction, Records Over 360,000 Downloads

RECENTLY unveiled Central Bank Digital Currency also known as eNaira has gained massive traction few days after. The eNaira application has two versions namely: eNaira speed wallet for individuals and eNaira speed merchant wallet for business Both versions of the app were

November 5, 2021

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Market Analysis: Nigeria’s Q2 Growth Numbers In View

Sector details from today's GDP, especially the balance between services

NGX stock market. Photo credit: TheCable

Nigeria’s Stock Market Sustains Bullish Run, UBA, Zenith, FBN Lead Gainers

The Nigerian All-Share Index edged higher on Thursday, holding above

Naira Rises To N1,500/$ At Official Market

The Nigerian naira has appreciated against the U.S. Dollar for

Bitcoin Steady Above USD 114,000 as Markets Await CPI Release

The PPI fell 0.1% in August, its first drop in

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Markets - Page 130

Market Analysis: Nigeria’s Q2 Growth Numbers In View

Cash Tender Offer For Outstanding UBA’s $500mn Notes, Expires November 16

Customers Laud Made-in-Aba Products, Commend Trade Fair Organisers

Exchange Rate Update: Friday 12 October, 2021

Nigeria Exporting Gas While Citizens Can’t Buy Due To Price Surge — Economist

FG Plans To Sell N150bn Bond For November 2021

Exchange Rate update: Thursday, 11th Of October, 2021

Financial Services Lead Stock Market, As Decline On Profit Taking Weakens

Stock Market Records Decline After Days Of Gaining, Investors Lose N12bn

Fitch Rates UBA’s $1.5bn Programme ‘B (EXP)’

eNaira Speed Wallet App Gains Traction, Records Over 360,000 Downloads

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Market Analysis: Nigeria’s Q2 Growth Numbers In View

Nigeria’s Stock Market Sustains Bullish Run, UBA, Zenith, FBN Lead Gainers

Naira Rises To N1,500/$ At Official Market

Bitcoin Steady Above USD 114,000 as Markets Await CPI Release

Aero Contractors Airfares Refund Rises By 137% In Eight Months – NCAA

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