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Ecobank Unveils Aingle Market Trade Hub

Ecobank Unveils Aingle Market Trade Hub

Ecobank Group, the lead- ing Pan-African banking Group, has unveiled its ‘Ecobank Single Market Trade Hub’ as part of its commitment to promoting intra-African trade. The Ecobank Single Market Trade Hub (the “Trade Hub”) is…

Us Stocks Rise As House Passes Debt Deal

Us Stocks Rise As House Passes Debt Deal

Stocks popped yesterday after the House passed a bill to raise the debt ceiling late Wednesday evening. The S&P 500 (^GSPC) rose 1.04 per cent, while the Dow Jones Industrial Average (^DJI) popped 0.58 per…

Access Bank Launches Desk To Strengthen Ties With France

Access Bank Launches Desk To Strengthen Ties With France

Following the opening in Paris earlier this month of the first subsidiary of Access Bank Plc in the European Union, the bank has launched the Access Bank French Business Desk to strengthen business relationships between…

Ngx Extends Gaining Streak As  Benchmark Index Up 0.07%

Ngx Extends Gaining Streak As Benchmark Index Up 0.07%

Starting the new month, the local bourse extended bull run for the fourth consecutive session on Thursday as the All- Share index gained 0.07 per cent to close at 55,808.25 points. Gains in ZENITH- BANK…

Uba Strengthens Alumni Connectivity

Uba Strengthens Alumni Connectivity

United Bank for Africa Plc has revamped the UBA Alumni Network Programme, aimed at fostering stronger connections and providing exclusive benefits to its esteemed former employees. In a statement made available by the bank, in…

Volume Of Trade In Stocks Hits N35bn Mark

Volume Of Trade In Stocks Hits N35bn Mark

Total value of stock transactions on NGX hit N35 bil- lion amid bullish sentiments. Amid demand and price appreciation, the total value of stocks traded on the floor of the Nigerian Exchange Limited (NGX) has…

Ngx: Total Allotments For Fgn Savings Bonds Rise To N5.06bn

Ngx: Total Allotments For Fgn Savings Bonds Rise To N5.06bn

Nigerian Exchange Limited (NGX) has revealed that the total allotments for FGN Savings Bonds has risen to N5.06 billion in the first five months of 2023. The Divisional Head, Capital Markets, NGX, Jude Chiemeka, made…

Sell pressure underpins NGX’s Weak Performance

Sell pressure underpins NGX’s Weak Performance

The Nigerian stock market recorded negative performance on Thursday due to sell pressure on high- cap stocks, notably GEREGU (-4.78%), GTCO (-1.47%), and ACCESS- CORP (-1.35%), despite gains in MTNN (+0.09%), STANBIC (+0.13%) and UBA…

Fy’22: Linkage Assurance Gross Written  Premium Up 16% To N12.98bn

Fy’22: Linkage Assurance Gross Written Premium Up 16% To N12.98bn

Amidst tough operating environment in 2022 financial year, Linkage Assurance Plc recorded positives in all performance indices. In the 2022 full-year financial results made available to the investing public and published on NGX Limited, Linkage…

Investors Gain N166.84bn On Sustained Bull run

Investors Gain N166.84bn On Sustained Bull run

Nigeria equities on Wednesday continued to deliver positive performance as the benchmark index gained 0.58 per cent to close at 52,927.60 points. Investors’ interests in NESTLE (+9.98%), GE- REGU (+2.95%) and SE- PLAT (+2.13%) offset…