Okojie Kelvin Echiejile


  • Airtel Africa Set To Join FTSE 100

    7 hours ago

    Airtel Africa Plc has announced that it will be joining the FTSE 100 on Monday, January 31, 2022. The leading telecommunication company with a presence in 14 countries in Africa. The brand, which is majorly owned by the Indian telecommun...

  • Nigerians Are Embracing eNaira — Emefiele

    9 hours ago

    Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), has said that Nigerians are gradually embracing the eNaira digital wallet which launched three months ago. While answering questions from members of the press, Emefiele made ...

  • January 27, 2022 FX, Money Market, Fixed Income Summary Report

    12 hours ago

    The Naira stayed flat in all the exchange windows as it exchanged for NGN416.33/USD, NGN415.64/USD, and NGN573/USD in the I & E window, CBN interbank market, and the parallel market, respectively. All the major economic indicators s...

  • NGX Equity Market Gains Additional N318.18 Billion As ASI Hits Historic 46,529.99 Bps

    15 hours ago

    The Nigerian stock exchange closed on a high note, thanks to strong results from Nigerian Breweries Plc (NB) (+0.11%) and Airtel Africa (+10.00%). Thus, the all-share index added an additional +1.29% to close at 46,529.99 bps. The ASI a...

  • Bitcoin Likely To Rise, Buy The Dip Now

    1 day ago

    Just last week, Bitcoin fell to its lowest level since September 2021. It was trading at $35,000 on Saturday, January 22, 2022. The cause of this fall was likely a draft proposal by the Bank of Russia to the lower legislative house of Russi...

  • Nigeria’s Economy Projected To Grow At 2.7% In 2022, Says IMF

    1 day ago

    The International Monetary Fund (IMF) has projected an economic growth rate of 2.7 percent for Nigeria in 2022. This growth, which is 0.1 percent higher than the 2.6 percent forecast in October 2021, is based on increased revenue in...

  • Monetary Policy Rate Stays At 11.5%, How Does It Affect You?

    1 day ago

    The Central Bank of Nigeria released its much-anticipated Monetary Policy Rate (MPR), otherwise known as the lending rate for the nation’s economy. The bank which is responsible for formulating and implementing key decisions and po...

  • January 26, 2022 FX, Money Market, Fixed Income Summary Report

    1 day ago

    The Naira appreciated by +0.01% in the I & E window from its previous exchange rate of NGN416.38/USD to close at NGN416.33/USD, while it stayed flat at NGN415.64/USD, and NGN573/USD in the CBN interbank market and the parallel market, r...

  • NGX Equity Trading Recovers With N16.44 Billion As ASI Peaks At 45,939.51 Bps

    1 day ago

    The domestic bourse recovered from the loss it sustained on Monday as profit-taking opportunities witnessed in SEPLAT (1.28%) helped it close on a positive note. Hence, the all-share-index grew by +0.02% to close at 45, 939.51 bps. Desp...

  • Sterling Bank Partners LASG, FG On Free Wi-Fi At MMIA

    2 days ago

    Sterling Bank Plc has partnered with the Lagos State Government and the Federal Government of Nigeria to provide free Wi-Fi service at the Murtala Mohammed International Airport (MMIA) in Lagos State. This collaboration was necessitated ...

  • Naira Falls In All Exchange Windows

    2 days ago

    The Naira depreciated at all exchange windows to close at NGN416.38/USD, NGN415.64, and NGN573 in the I & E window, CBN interbank market, and the parallel market. Inflation figures which were released by the Nigerian Bureau of Stati...

  • NGX Equity Trading Kicks Off With Loss Of N22.26 Billion

    2 days ago

    Trading for the first day of the week closed in a rather disappointing fashion as investors cashed out from stocks of UBA (-1.22%), GTCO (-0.58%), and NB (-1.46%). Thus, the all-share-index closed lower by -0.06% to close at 45, 928.27 bps....

  • Zimbabwe Signs Agreement Enabling Collection Of Crypto Taxes

    3 days ago

    The Zimbabwean government has decided to start collecting taxes from crypto and e-commerce companies operating within the territories of Zimbabwe. According to bitcoin.com, the government of the country has entered into an agreement wit...

  • Dangote Cement Plc Set To Release Annual Audited Financial Statements

    3 days ago

    Dangote Cement Plc is set to release its annual audited financial statements on or before February 28, 2022. The company, which is worth US$14 billion by market value and has subsidiaries in Benin, Cameroon, Ghana, Nigeria, South Africa,...

  • Ibom Power Company Limited Plans 500MW Plant

    3 days ago

    The Ibom Power Company Limited plans to increase its power generating capacity by adding an additional 500MW plant to its current 190MW plant. Engr. Meyen Etukudo, the managing director of the State Power Company, said this whi...