NBET Pays N42bn To GenCos For November Power Supply   The Nigerian Bulk Electricity Trading Plc said yesterday it remitted N42 billion to power generation companies, GENCOs, for electricity supplied to the national grid in November, 2021. The bulk trader in a statement in Abuja, explained that...

Stock Market Down By N42bn On Profit-taking         The Nigerian equity market returned to negative territory on Wednesday as investors began to take profits to increase capital gains. Key market indicators, the Nigerian Stock Exchange All-Share Index declined by 0.3 per cent as bargain hunters widen sell-offs...

Equity Market Begins New Week With N42bn Gain       Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by 0.28 per cent. The market breath closed positive with 27 gainers against 15 decliners. Consequently, the All-Share...

As Interbank Market Gets $541m, Reserves Rebound To N42bn   The nation’s foreign exchange reserves, at the weekend, halted a four-month decline, adding $477 million, accumulated in three trading days, to settle at $42.07 billion. The accretion has been widely attributed to the trickles of the recently...