2020 Sukuk Supply Resilient with Momentum to Continue into 2021 Brandspurng

2020 Sukuk Supply Resilient with Momentum to Continue into 2021

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Fitch Ratings - 12 January 2021: Global sukuk supply is expected to accelerate in 2021 following a resilient 2020 as issuers seek to refinance...
Tesla Stock Skyrocketed by Over 740% in 2020, Sold Nearly 500K CarsBrandspurng

Tesla Stock Skyrocketed by Over 740% in 2020, Sold Nearly 500K Cars

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Tesla has achieved meteoric growth in market value and stock price in 2020. Over the 12-month period, its market cap increased by over $500...
Agusto & Co. assigns a fund credit quality rating of  Af and fund volatility rating of FV5 to Coronation Fixed Income Fund

Local Demand Crawls Back In The Fixed Income Space As Market Participants Reacts to...

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The FGN bond space opened the new week on a drab note dragging for the most significant part of the trading session. Most Market...
Naira Gains against the USD at the Bureau De Change, Parallel (“black”) Markets Brandspurng

Nigerian Equities Market Closed Positive…ASI Up by 8bps

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The market closed on a positive note amid bargain hunting in large and mid-cap stocks. The benchmark All Share Index (ASI) advanced by 0.8...
Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x

Crypto Markets Suffer Heavy Losses, Bitcoin Price Sinks More Than 25% in 24 Hours

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Cryptocurrency markets have suffered significant losses during the last 24 hours, as the entire crypto market cap has dropped below a trillion to $823...
Director Dealings Brandspurng NEM Insurance’s CEO Acquires Shares Worth ₦9.24 million

NEM Insurance’s CEO Acquires Shares Worth ₦9.24 million

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NEM Insurance Plc said on Monday that its Group Managing Director/Chief Executive Officer, Tope Smart had acquired 4,000,000 ordinary shares, worth ₦ 9,240,000.00. Tope Smart...
Here is a list of all Microfinance Banks’ USSD Codes in Nigeria. MTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38%

Nigeria’s Gross Official Reserves Declined by US$40m in Dec 2020 to US$35.37bn

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We learn from CBN data that Nigeria's gross official reserves declined by USD40m in December to USD35.37bn. Since the disbursement of IMF loan proceeds...
Dangote Cement Brandspurng Export Potentials Underscore Positive Topline Outlook

Dangote Cement Completes Tranche 1 of its Share Buy Back Program

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Dangote Cement Plc hereby announces the completion of the first tranche of its share buy-back programme (the "Share Buy-Back Programme") which was announced on...
South Korea's fertility rate ranks among the lowest in the world.

South Korea Reports Population Drop, With More Deaths Than Births For First Time

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South Korea recorded more deaths than births in 2020 for the first time ever, prompting calls for action to revive the country's falling fertility...
Nigeria’s Public Debt Stock Climbs to N32.2tn

Nigeria’s Debt Stock Rises by 17.60% in 9 Months 2020 on USD3.45 billion IMF...

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In the just concluded week, total debt figure released by the Debt Management Office (DMO) showed that Nigeria’s total public debt stock for the...
AIICO Insurance Plc Announces Change in Date of AGM

DF Holdings Acquires N555.2m Worth of AIICO Insurance Shares

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AIICO revealed that a majority shareholder, DF Holdings Limited had acquired 474,603,596 ordinary shares at N1.17k per share at the Nigerian Stock Exchange platform. The...
CBN likely to leave MPR at 11.50% Brandspurng2

Double CRR Debit by The Apex Bank Significantly Crushed Liquidity in The Interbank Market

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The FGN bond market closed the week on a very drab note, picking slightly by mid-day and then halting towards the session's end. Much...