Sam Diala, THEWILL

NGX, CIS, Stakeholders Honour Subomi Balogun

...Describes him as a market colossus Nigerian Exchange Limited (NGX), Chartered Institute of Stockbrokers (CIS) and other market stakeholders on Monday held a mock-trading session and Closing Gong Ceremony in honour of late Otunba Subomi Balogun, FCS, CON, the founder...

Equities Market Soars, Gains N534bn As Naira Rises 3.7% to NGN741.50/USD

July 03, (THEWILL) - The Nigerian equities market picked up from where it left off last week, closing higher on gains in MTNN (+1.7% from N13.762 share price), STANBIC (+9.3% against share price of N59), and ACCESSCORP (+9.9% from...

Naira Floating: Nigeria to Earn N160bn, Spend N603bn More on Agric Export, Import in H2 2023

Based on data by the National Bureau of Statistics (NBS), Nigerian farmers will earn an additional estimated N160.3 billion from agricultural exports in the second half of the year as a result of the depreciation of the Naira in...

H1-2023: Equities Market Hits All-time High On Domestic Investors’ Bargain

Driven by unmatched resolute domestic players who took position as fortune-hunting foreign investors fled, Nigeria’s local bourse hit the historic peak of its performance in the first half of the year (H1 2023). At the close of the trading session...

Audacity Of The Brave

SAM DIALA shows how the audacious stance of brave domestic investors lifted Nigeria’s equities market to a 15-year high after foreign investors fled in 2020. Nigeria’s equities market recorded an outstanding performance in the first half of the year (H1-2023),...

Naira Undervalued By 12% – Bank of America

June 30, (THEWILL) - The Bank of America has said that the Naira is now undervalued as its fair value estimate of N680/$ has been exceeded downwards, plunging the local currency into deeper devaluation as low as...

Diaspora Remittance: More Nigerians Inclined to Parallel Market — Survey

June 29, (THEWILL) - Two weeks after the Central Bank of Nigeria (CBN) announced major forex reform that culminated in the unification of the official and parallel market channels, more Nigerians in Diaspora still prefer the parallel to...

UBA Launches Braille Account Opening Form

June 28, (THEWILL) - The United Bank for Africa (UBA) has unveiled its raille account opening form – a groundbreaking move to promote financial inclusivity, According to the bank, this is the first of its kind in the Nigerian and...

Equities Market Gains N421bn As Naira Rises By 0.7% At I&E Window

June 27, (THEWILL) - The local bourse extended yesterday’s positive performance, driven by renewed interest in Transcorp which closed at N19.36 from N17.60 per share (+10%), and UBA closing at N11.60 from N11.45 per share (1.31%) With market capitalisation...

Naira Rebounds 3% As Equity Investors Gain N72bn On Bullish Activity

June 26, (THEWILL) - The Naira opened the week on Monday at N768.17/$ -- stronger than it closed the previous week where it plunged to N770.17/$ on Friday, June 23. This represents a 3 percent gain as traded volume...

About Me

Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
1785 POSTS
0 COMMENTS
- Advertisement -spot_img

Latest News

Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
- Advertisement -spot_img
THEWILL APP ADS 2