25

Aug

SEC, NGX, PENCOM pledges commitment to deepening securities lending

In a bid to boost investor participation and securities lending transactions in the Nigerian capital market, the Securities and Exchange Commission (SEC), National Pension Commission (PENCOM) and Nigerian Exchange Limited (NGX) have reiterated their commitment towards deepening the securities lending landscape. This was stated at a recent virtual workshop held in collaboration with Central Securities Clearing System […]

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23

Aug

Petrol price grew by 215.95% year on year- NBS

The National Bureau of Statistics has revealed that the average retail price paid by consumers for Premium Motor Spirit (Petrol) for the month of July 2023 was N600.35, indicating a 215.95% increase when compared to the value recorded in July 2022 (N190.01). Comparing the average price value with the previous month (.i.e. June 2023), the average retail[…]

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22

Aug

Stock market sustains bullish trend, gained N157b

The Nigerian stock market on Tuesday sustained marginal bullish trend, gaining three out of the last three trading sessions. The All Share Index appreciated by 0.44%, closing at 65,488.67 points from the previous close of 65,202.41 points. Investors gained N157 billion as the Market Capitalisation grew by 0.44% to close at N35.842 trillion from the previous close[…]

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