Author: Kingsley Ighomwenghian

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What to expect From Nigeria’s Stock Market In March, April

By Ambrose Omordion • Oscillating trend of equity prices as a result of profit taking and disappointment in some results. Also the source of funds br...
Feb NSE Market Roundup: When Policies Hold Economy, Investments To Ransom

Feb NSE Market Roundup: When Policies Hold Economy, Investments To Ransom

(Ambrose Omordion) The bearish situation of the Nigerian stock market in the month of February is attributable to persisting low confidence and weak m...
Chart of the Day: Zenith Bank’s Price In Sudden Search For Direction

Chart of the Day: Zenith Bank’s Price In Sudden Search For Direction

(AMBROSE OMORDION) Zenith Bank’s share price received a profit booking on the Nigerian Stock Exchange (NSE) Tuesday after releasing an impressive scor...

SEC Woos Foreign Assistance To Boost Mergers, Acquisitions

The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with relevant international agencies to boost Mergers and Acqu...

Zenith Bank To Seek Shareholders Approval For Fresh N100bn At AGM

Besides approving the 2016 audited financial report, when shareholders of Zenith Bank Plc meet at the Annual General Meeting (AGM) slated for March 22...
NNPC Targets $4.5bn For Abuja-Kaduna-Kano Gas Pipeline To Generate Power

NNPC Targets $4.5bn For Abuja-Kaduna-Kano Gas Pipeline To Generate Power

NPDC Targets Daily Crude Oil Production of 500,000bpd, Gas, 1500mmscf The Nigerian National Petroleum Corporation (NNPC) says it is working on rais...
Nigeria’s Foreign Reserve Gains $4.45bn Year-To-Date

Nigeria’s Foreign Reserve Gains $4.45bn Year-To-Date

Data available on the website of the Central Bank of Nigeria (CBN) Tuesday evening, shows that the nation’s foreign reserve has grown by $4.45bn or 17...
Dangote Cement Reports Slow Net Profit Growth, Amidst 60% OPEX Rise

Dangote Cement Reports Slow Net Profit Growth, Amidst 60% OPEX Rise

Market reactions were muted Tuesday morning when the board of Dangote Cement Plc, the biggest company on the Nigerian Stock Exchange (NSE) by market c...
At -1.5%, Nigeria’s 2016 GDP Better Than IMF Forecast- Says FG

At -1.5%, Nigeria’s 2016 GDP Better Than IMF Forecast- Says FG

• Latest Data Proof Recession Has Bottomed out- FG The Federal Government, on Tuesday said the latest Gross Domestic Product (GDP) data released fe...
Nigeria’s GDP Contracts By 1.51% To N67.984tr In 2016

Nigeria’s GDP Contracts By 1.51% To N67.984tr In 2016

• Agric GDP Grows By 4.11%, Manufacturing Down 4.32% The National Bureau of Statistics (NBS), on Tuesday released data for Gross Domestic Product (GD...
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