Author: GTI Research
Equity market halts 7 successive decline with 0.20% gain
27 ViewsThe Nigeria equity market today halted its 7 successive losing streak with a gain of N27 billion on the market capitalization. Today’s gain was driven by price appreciation in the Banking, Consumer Goods,...
Foreign reserves gain $53.641m in two weeks
15 ViewsThe nation’s foreign reserves rose by $53.641m from $45.046bn on July 1 to $45.099bn as of July 15, the latest figures from the Central Bank of Nigeria have revealed. Records revealed that the...
Red Star Express wants shareholders to update records
13 ViewsRed Star Express Plc has asked its shareholders to update their records with the registrars to ensure accuracy before dividends are declared at its Annual General Meeting, which is scheduled to hold next...
German Fund Acquires 39% Stake in Royal Exchange Insurance
22 ViewsInsuResilience Investment Fund (IIF) has acquired 39.25 per cent stake in Royal Exchange General Insurance Company Limited (REGIC)Plc, one of the nation’s largest non-life insurance companies. IIF was set up on behalf of...
LCCI urges CBN to reduce cash reserve ratio
18 ViewsThe Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to reduce the Cash Reserve Ratio (CRR) to increase credit to the private sector. Speaking with The Nation,...
SEC cancels ConRe’s acquisition meeting, orders new meeting
182 ViewsNigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has cancelled a court-ordered meeting that approved the acquisition of minority shares by the majority core investor in Continental Reinsurance (ConRe) Plc. The...
