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Facts & Figures

CBN Report: Firms Expect Borrowing Costs To Rise In Oct

CBN Report: Firms Expect Borrowing Costs To Rise In Oct   The Central Bank of Nigeria has said its recent survey revealed that firms, including small, medium and large organisations, expect borrowing rates to increase this month. The CBN said the September 2018 Business Expectations Survey was...

Volatility Persists As Market Indices Deepen By 1.17%

Volatility Persists As Market Indices Deepen By 1.17%   Activities on the Nigerian Stock Exchange remained volatile in most trading sessions throughout last week, extending a back-to-back losing streak, occasioned by persistent profit booking in blue-chip stocks. The development fueled significant decline at the end of transactions...

Nigeria’s Gas, Oil Export Sale Increases By 36%

Nigeria’s Gas, Oil Export Sale Increases By 36%   The Nigerian National Petroleum Corporation on Thursday announced total crude oil and gas export sale of $416.07m for June 2018, which was 35.78 per cent higher than what was recorded in the previous month. Details of the figures...

Nigeria’s PR Sector Records 20% Drop in Profitability – Report

Nigeria’s PR Sector Records 20% Drop in Profitability - Report   The Public Relations Industry has suffered a decline in profitability, as competing practices continue to encroach on the public relations space, Nigeria PR Report has revealed. Published by BHM Research and Intelligence, the 2018 Nigeria PR...

NSE: 10 Stockbroking Firms Trade N1.4tn Shares In 9months

NSE: 10 Stockbroking Firms Trade N1.4tn Shares In 9months   Stanbic IBTC Stockbrokers Limited maintained its lead on the stockbrokers’ performance chart as 10 firms facilitated the trading of N1.374 trillion on the Nigerian Stock Exchange (NSE) between January and September 30, 2018. Stanbic IBTC Stockbrokers had...

At $84, Oil Hits Highest Since 2014

At $84, Oil Hits Highest Since 2014 International oil benchmark, Brent crude, extended its gains on Monday, rising to its highest level of $84 per barrel since November 2014. The further rise in oil prices came on the back of supply concerns before United States sanctions...