23
JulTHE MPC HAS RAISED INTEREST RATE
The Central Bank of Nigeria (CBN) monetary policy committee has raised interest rate by 50 basis points from 26.25% to 26.75%. The Governor of the CBN, Mr. Olayemi Cardoso announced this at the end of the 296th Monetary Policy Committee meeting held in Abuja. The MPC also retained the Cash […]
22
JulTHE NIGERIAN STOCK EXCHANGE MARKET REVIEW
THE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR JULY 15th – 19th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 2.827 billion shares worth N42.366 billion in 44,277 deals. This represents a decrease in value compared to the previous week, where[…]
GUARANTY TRUST HOLDING COMPANY LAUNCHES PUBLIC OFFERING
Guaranty Trust Holding Company Plc (GTCO) has announced the opening of its public offer to raise N400.5 billion. The offer consists of 9 billion ordinary shares priced at N44.50 each. The Securities and Exchange Commission (SEC Nigeria) has cleared the offer prospectus and registered the shares. The net proceeds from[…]
15
JulTHE NIGERIAN STOCK EXCHANGE MARKET REVIEW
THE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR JULY 8th – 12th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 2.765 billion shares worth N85.230 billion in 40,796 deals. This represents an increase in value compared to the previous week, where[…]
