Author: GTI Research
NSE upgrades companies’portal to enhance market integrity
14 ViewsThe Nigerian Stock Exchange (NSE) has upgraded its Issuers’ Portal (X-Issuer) as part of efforts to improve continuous and direct flow of information from quoted companies to the investing public. X-Issuer, which was...
Recap: NAICOM, insurers differ on contingency cash reserve use
11 ViewsThe National Insurance Commission (NAICOM) at the weekend insisted that the contingency reserves of insurance firms would not be accepted as part of funds for recapitalisation. The Commission was adamant despite calls by...
Nigerians believe rising inflation’ll weaken economy – CBN
11 Views Many Nigerians believe that rising inflation will lead to a weaker economy, according to a survey by the Central Bank of Nigeria. The Statistics Department of the CBN disclosed this in its...
Why budget increased despite dropping revenues – Presidency
7 Views The Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Umar El-Yakub, has said the decision of the Presidency to increase the budget despite drop in revenue was...
Asian shares climb, U.S. earnings to test dogged optimism
6 ViewsAsian shares climbed toward five-month peaks on Monday as investors wagered the U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns. MSCI’s broadest...
Oil slips as traders expect OPEC+ to ease supply cuts
10 ViewsOil slipped nearly 1% on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent...
Naira crashes to N463 at black market, as ECA drops to N72.41m
24 ViewsThe Naira fell to N463 to a dollar on the black market Thursday from 461 the previous session after the Central Bank of Nigeria (CBN) moved to unify the multiple exchange week, traders...
FIRS extends tax debt payments to August 31
20 ViewsThe Federal Inland Revenue Service (FIRS) has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals and businesses from June 30 to August 31,...
Buhari signs N10.8tn revised budget today, says minister
23 Views The Minister of Finance, Budget and National Planning, Zainab Ahmed, met with the leadership of the National Assembly on Thursday to discuss the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper....
Oil falls, heads for weekly decline as virus cases hit record
20 ViewsOil prices fell on Friday, adding to steep losses from the previous session, and were headed for weekly declines on worries that renewed lockdowns following a surge in coronavirus cases in the United...
Dollar, yen gain while risk currencies slip as U.S. coronavirus anxiety deepens
13 ViewsThe dollar and other safe-haven currencies gained against their riskier peers on Friday after a surge in new coronavirus infections in the United States further undermined the case for a quick turnaround in...
Asian shares down on virus risk, U.S.-China tension
15 ViewsAsian shares and U.S. stock futures fell on Friday as record-breaking new coronavirus cases in several U.S. states stoked concern about economic recovery, while investors looked forward to earnings season. MSCI’s broadest index...
