The Nigerian stock market closed lower in the first week of the year as Airtel Africa, NESTLE and 15 other stocks shed weight. The All Share Index and Market capitalization dropped by 0.06% to settle at 51,222.34 points and N27.899 trillion respectively. An aggregate of 921.9 million units of shares were traded in 15,601 deals, valued at […]
Brent crude on Thursday gained 0.69% to trade at $78.38 per barrel, while the American West Texas Intermediate (WTI), gained 0.56% to trade at $73.25 per barrel. This can be traced to the fact that Saudi Arabia, the world’s top crude oil exporter, cut the prices of all its crude grades loading for Asia The state-controlled Saudi[…]
The Securities and Exchange Commission (SEC) has said that it will promote investment in digital assets with investor protection at the core of their operations. According to the Director General of SEC, Lamido Yuguda, the commission would also explore blockchain technology to advance virtual and traditional investment products. He assured that the commission remains committed to its mandate[…]