Analysts also point at the increased confidence bolstered by the sustained stability in crude oil prices in April.
However, in February, the market went on a full reverse, wiping out all the gains recorded in January following a shift in investors’ preference to fixed income in response to the uptick in TBs yields.The market sustained the downward tempo in March, though moderately as yields in fixed income continued to trend upwards.
Also, the All Share Index went up to 39,834.42 points from 39,045.13 points, representing 2.02 percent increase.
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Custom invades Ibadan market, evacuates truckloads of rice | The Guardian Nigeria News - Nigeria and World NewsThe Nigeria Customs Service (NCS), Federal Operation Unit (FOU), Zone A, in Ibadan, Oyo State, invaded Oja Oba Market in the early hours of Saturday and carted away truckloads of suspected foreign bags of rice. This custom act is nothing but midnight robbery that requires strong condemnation. Those officers involved in this shameful act are armed robbers. So that the people can go hungry Evacuate? The rice was in Danger? how is this not Economic war? This is the third instance on the same market why is this (northern) federal govt waging Economic war on people on the people from the South? YorubaNationNow BiafraExit Nigeria
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Improved Q1 earnings lift stock market indices | The Guardian Nigeria News - Nigeria and World NewsImproved corporate earnings by tier-one banks in the first quarter of 2021 stimulated activities on the Nigerian Exchange Limited (NGX), last week, with the all-share index (ASI) and market capitalisation appreciating by 1.36 per cent to close the week....
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