Nigeria: UBA’s Diversified Business Model, Enhanced Digital Platforms Key to Financial Gains – Uzoka

United Bank for Africa Plc is Africa’s global bank with a presence in the United States of America, the United Kingdom and France and more recently the United Arab Emirates Africa’s global bank, United Bank for Africa (UBA) Plc, has assured its shareholders and investors of excellent performance in the 2022 financial year, as the […]

Gains in 30 stocks lift capitalisation further by N69 billion

Transactions on the Nigerian Exchange Limited (NGX) continued in an upbeat mood yesterday, as gains in 30 stocks lifted market capitalisation further by N69 billion. Specifically, market capitalisation of listed equities increased by 0.27 per cent to N25.480 trillion from N25.411 trillion reported on Wednesday. Also, the NSE All Share Index, which measures the performance […]

Nigeria: Trading in Fixed Income, Currency Markets Slumps to N14trn

Trading in the fixed income and currency (FIC) market has slumped back to declining trend after the December 2021 uptick. The January 2022 report just released by the FMDQ Exchange, Nigeria’s financial markets trading platform, has put transaction volume at N14.13 trillion, 31.21 percent down from N20.54 trillion recorded in December, 2021. This is even […]