Equity investors lose N4.9trn, as market uptrend reverses
By Peter Egwuatu The Nigerian stock market reversed its upward trajectory last week with investors losing over N4.915 trillion of their investment listed on the Nigerian Exchange Limited, NGX. The development was driven by a sustained profit-taking move across major sectors. Consequently, the NGX market capitalisation, which represents the total value of stocks listed on the […]
First Bank: Revised investment forecast put to test
Despite the bullish investor sentiment at the backdrop of upwards review of Target Price (TP) by investment analysts, it seems that a rebalancing in the pricing of the stock of First Bank of Nigeria (FBN) Holdings has begun.
Nigeria’s economic management system should be overhauled — Moghalu, Ex-CBN chief
Nigeria’s economic management system should be overhauled — Moghalu, Ex-CBN chief
Campaign to rebrand insurance sector kicks off Q1‘18
Campaign to rebrand insurance sector kicks off Q1‘18
There are huge opportunities for microfinance in Nigeria — MD, Asha MfB
There are huge opportunities for microfinance in Nigeria — MD, Asha MfB
DBN to sign on banks, more MFIs before year end — Okpanachi
The Development Bank of Nigeria (DBN) is to sign on Deposit Money Banks (DMBs) and more Micro Finance Institutions (MFIs) before the end of the year.
