13
JulStock market returns -0.53% WtD, amidst sell offs and buy interests
The Nigerian stock market last week closed lower, occasioned by profit taking in 26 stocks. Although there was a marginal growth in MTN Nigeria, yet it was not strong enough to keep the NGXASI afloat. The All Share Index was down by 0.53% week on week to close at 51,557.41 […]
13
JulNigeria’s external reserves hit $39.34bn
Figures obtained from the Central Bank of Nigeria revealed that Nigeria’s external reserves as at Thursday July 7, 2022 stood at $39.34 billion. This represents 0.44% growth ($171 million) from $39.174 billion recorded on July 1, 2022. That is about $171 million gain in 6 days. The reserves hit a[…]
13
JulDMO lists N250bn Sukuk on NGX
The Debt Management Office (DMO) has listed the N250billion, 10-year 13% Ijarah Sovereign Sukuk due 2031, on Nigerian Exchange Limited (NGX), on Tuesday, 5 July 2022. The Ijarah Sovereign Sukuk was successfully listed on NGX, having fulfilled the conditions set by the Financial Regulatory Advisory Council of Experts (FRACE) of[…]
08
JulWema Bank Plc launches Leadership Development School
Wema Bank Plc has launched a Leadership Development School to help in the overall development and transformation of its workforce. The MD/CEO of the bank, Ademola Adebise, said organisations have a huge task to optimise performance and deliver value in contemporary times, pointing out that leadership is key in driving[…]
