ISMAIL MUSA.

ISMAIL MUSA  The Nigerian bourse for the week ended Friday July 24 recorded the highest weekly gain in seven weeks. The growth was driven by a one-off gain on Thursday,  a surge in Dangote Cement (DANGCEM) by 6.5 per cent, led the…

ISMAIL MUSA After Launching Oramge Bank in Abidjan, Cote D'Ivoire, the Orange group is looking to have a chunk of electronic market share in Nigeria with new inroad in electronic banking across Africa. Orange, a major telecoms provider in…

ISMAIL MUSA Unilever Nigeria’s second quarter (Q2) 2020 unaudited result recently released, showed three straight losses posted in four quarters. UNILEVER second-quarter results published Monday, July 20 revealed that the company’s…

ISMAIL MUSA.  Gains by Airtel Africa and MTN Nigeria sustain bullish trend in the market bullish and driving the All-Share Index (ASI) to advance by 0.8 percent to 24,330.06 points, representing the biggest gain since 26 June, 2020.…

ISMAIL MUSA  The equities market opens the new week on 0.7percent weak investors' sentiment led by Custodian insurance and Conoil on the losers' chart for last week. For the week ended Friday 10 July 2020, sentiments remained weak…

ISMAIL MUSA  The overnight lending rate (OVN) on Tuesday expanded by 50bps to 21.5 per cent, driven by the absence of any significant inflows into the system liquidity. Meanwhile, on Monday, the overnight lending rate contracted by…

ISMAIL MUSA  The gains recorded by AirtelAfrica, BUACEMENT, and some Tier-1 banks  hedged losses recorded by MTNN and Dangote Cement, amongst others, closing the equities market in green. Investors transacted a total volume of…

ISMAIL MUSA  The Nigerian Naira on Monday weakened at the Investment and Export (I&E) window by 0.1 per cent to NGN386.50/USD while it closed was flat at the parallel market at NGN461.00/USD. In the money and fixed…

ISMAIL MUSA The domestic Bourse, NSE opened the week in red as the Index Plunged amid sustained bearish activity The NSE ASI and equities market capitalization on Monday declined by 0.93 per cent to close at 24,109.65, and N12,…

ISMAIL MUSA  The foreign exchange  (FX) liquidity crunch  will continue to trend this week as investors pitch for valued investments This is predicated on loss last week by the Nigerian stocks on rising COVID-19 cases in the country…