By Taiye Olayemi The Nigerian equities market rebounded strongly in July, with investors gaining N11.109 trillion as renewed interest in banking stocks lifted the market after the N13.3 trillion loss recorded in June. The rally was driven largely by sustained buying in banking stocks, led by First HoldCo Plc, amidContinue Reading
By Taiye Olayemi The Nigerian stock market halted its bullish rally on Monday after 14 consecutive sessions of gains, resulting in a loss of N1.365 trillion. The downturn was driven by profit-taking in stocks such as FirstHoldCo, Trans-Nationwide Express, United Bank for Africa, Access Corporation, Fidelity Bank, and 35 others.Continue Reading
By Grace Alegba The Chartered Institute of Bankers of Nigeria (CIBN) has elected Dr Dele Alabi the institute’s immediate past First Vice President, as its new President. Alabi was elected during the hybrid Annual General Meeting (AGM) and election of the CIBN in Lagos. The institute also elected the ManagingContinue Reading
