Living Trust Mortgage Bank Reports Strong Third-Quarter Earnings
Living Trust Mortgage Bank Plc has announced its financial results for the third quarter ended September 30, 2024. The bank reported a significant increase in gross earnings, reaching N2.744 billion for the nine-month period, up from N1.964 billion in the previous year. Profit after tax also rose by 44.18% to […]
NNPC Supplies Crude Oil to Dangote Refinery under Naira-for-Crude Agreement
The Nigerian National Petroleum Company Limited (NNPC) has supplied four cargoes of crude oil to Dangote Refinery under the naira-for-crude sale agreement. Additional deliveries are expected in the coming weeks. A source from Dangote Refinery disclosed that the first phase of this naira-for-crude sale agreement is set for six months.[…]
IMF World Economic Outlook: Global Growth and Inflation Projections
The International Monetary Fund (IMF) has released its latest World Economic Outlook (WEO) report, forecasting that global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025. The IMF also projects that global inflation will continue to decrease, reaching 5.8 percent this[…]
Nigerian Stock Market Review: 14th October 2024.
Last week, the Nigerian stock market closed on a positive note with a marginal growth of 0.09%. Year to date, the market has returned 30.54%, with the All Share Index and Market Capitalization at 97,606.63 points and N56.088 trillion, respectively. Stock Market Outlook with Aruna Kebira, MD/CEO of Globalview Capital[…]