July 2023

Bulls maintain grip on equities market

The trading week came to a positive close on the local bourse, as bullish market conditions prevailed and favoured the All-Share Index. The banking and telecommunications sectors witnessed a notable rally, which contributed to a 1.43 per cent increase in…

Stock market rises by 2.98%, W/W

The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation appreciated by 2.98 per cent to close the week  at N60,968.27 and N33.198 trillion respectively. Similarly, all other indices finished higher while the NGX ASeM and NGX Sovereign Bond.…

No plan to hike petrol price to N700 – IPMAN

Independent Petroleum Marketers Association of Nigeria (IPMAN) and Association of Distributors and Transporters of Petroleum Products (ADITOP) have denied plans to increase petrol price to N700 per litre. The Associations in an interview with the newsmen, in Abuja on Saturday,…