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CATEGORY

Markets

Negative Risk Premium Signals Investors to Underweight Stocks for Longer

The Equity Risk Premium (ERP) is the additional return that a reasonable investor expects to receive on an equity investment above a risk free...

Prestige Assurance Profit Surges on Strong Underwriting, Lower Cost

Prestige Assurance Plc reported first quarter (Q1) earnings that trounced analysts’ expectations as profit surged on the back of reduction in operating and claims...

U.S. Fed Holds Rates Through 2022, to Keep Buying Bonds

The U.S. Fed or Federal Reserve pledged to maintain at least the current pace of asset purchases and projected interest rates will remain near...

BUA Cement Growth Accelerates in Q1 as Covid-19 Business Plans Yield Fruit

Investors love a company that thrives amid an economic tempest, and that is because they are optimistically sure of getting the minimum required rate...

MTN Nigeria Debut N100bn Commercial Paper 400% Oversubscribed

MTN Nigeria in a statement today said it has successfully completed the issuance of its debut N100 billion Commercial Paper, which was 400 percent...

Another FBNH Insider Purchases 2 million Shares

It heads scratching time for us MoneyCentral as we try to decipher what is really going on with the deluge of insider purchases happening...

Insurers’ Claims Expenses hit N155.58 bn as COVID-19 Threat Looms

Insurers in Africa’s largest economy are expending more on claims to generate premium income, as business interruption caused by the coronavirus pandemic exposes the...

OPEC+ Extends Oil Cuts in Boost For Nigeria

OPEC+ agreed to a one-month extension of its record output cuts and adopted a stricter approach to ensuring members don’t break their production pledges. The...

Strong U.S. jobs data, OPEC+ optimism may see oil Jump to $50

America’s strong labor market which defied forecasts for a Depression-style surge in unemployment by rebounding in May, and optimism about potential OPEC+ members extending...

Dividend Heavyweights Battle: MTN Nigeria vs. GTB

MTN Nigeria (MTNN) and Guaranty Trust Bank (GTB) are two of the most blue chip stocks listed on the Nigerian Stock Exchange (NSE), so...

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