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Author: Markets Reporters

FEATURED Latest Stocks TOP STORIES 

Merger: NGX delists Portland Paints, CAP shares rise

September 17, 2021September 17, 2021 Markets Reporters 0 Comments Chemical and Allied Products Plc, Nigeria Exchange Limited, Portland Paints and Products Nigeria Plc

The Nigerian Exchange Limited has announced the delisting of the shares of Portland Paints and Products Nigeria Plc from its

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Economics FEATURED Latest TOP STORIES 

Why forex pressure will continue in Nigeria, by Salami

September 17, 2021September 17, 2021 Markets Reporters 0 Comments Doyin Salami, Economic Advisory Council, Forex scarcity in Nigeria

Foreign exchange pressure will continue in the second half of this year in Nigeria owing to limited inflows from both

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Energy FEATURED Latest TOP STORIES 

Shell seeks to end drilling fluids imports in Nigeria

September 17, 2021September 17, 2021 Markets Reporters 0 Comments drilling fluids, Elohor Aiboni, NCDMB, Shell Nigeria

Shell, an energy giant, says it has commenced research to seek a local alternative to the importation of drilling fluids

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FEATURED Latest Stocks TOP STORIES 

FMDQ Exchange admits Eunisell’s N3.50bn commercial paper

September 16, 2021September 16, 2021 Markets Reporters 0 Comments Commercial paper, Eunisell Limited, FMDQ Securities Exchange

FMDQ Securities Exchange Limited has announced the quotation of the Eunisell Limited N3.50 billion Series 1 Commercial Paper under its N10.00

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves surge to $35.19bn, highest in five months

September 16, 2021September 16, 2021 Markets Reporters 0 Comments CBN, Forex reserves in Nigeria

Nigeria’s foreign exchange reserves rose by $1.17 billion in the first 14 days of this month to the highest level

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FEATURED Latest Money TOP STORIES 

AfDB approves $50m loan for Standard Chartered Bank

September 15, 2021September 15, 2021 Markets Reporters 0 Comments AfCFTA, AfDB, Standard Chartered Bank

The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded Risk Participation

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FEATURED Latest Money TOP STORIES 

Weaker naira may push up imported goods prices: Capital Economics

September 15, 2021September 15, 2021 Markets Reporters 0 Comments Capital Economics, Virag Forizs, Weaker naira

A weaker naira is likely to push up prices of imported goods in the near term, London-based Capital Economics has

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation falls to lowest in seven months

September 15, 2021September 15, 2021 Markets Reporters 0 Comments Inflation rate in Nigeria, National Bureau of Statistics

The inflation rate in Nigeria dropped in August to its lowest level in seven months, official data released on Wednesday

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FEATURED Latest Stocks TOP STORIES Uncategorized 

FMDQ, FSD Africa partner Lagos on green bond issuance

September 15, 2021September 15, 2021 Markets Reporters 0 Comments Babajide Sanwo-Olu, FMDQ Group, FSD Africa, Lagos State Green Bond

FMDQ Holdings Plc and Financial Sector Deepening Africa have signed a deal with the Lagos State Government to facilitate the

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FEATURED Latest Money TOP STORIES 

Nigeria’s forex reserves hit four-month high

September 13, 2021September 13, 2021 Markets Reporters 0 Comments CBN, Forex reserves in Nigeria

Nigeria’s foreign exchange reserves have risen to the highest level in four months, according to the latest data from the

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