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Daily Business News Brief – February 15th, 2023

Home   /   Business News Brief   /   Daily Business News Brief – February 15th, 2023
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February 15, 2023
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in Business News Brief

Buying Interest in Guinness, Others Boost Stock Market by 0.24% – Thisday

 
Investors positive sentiments continued yesterday on the stock market of The Nigerian Exchange Limited (NGX) as buying interest in Guinness Nigeria plc and 16 others drove the All-Share Index 0.24 per cent higher. The All Share Index (ASI) rose by 131.64 basis  points or 0.24 per cent to close at 54,496.31 points. Accordingly, investors gained N72 billion in value as market capitalisation went up to N29.683 trillion…………….……..Read More

NGX lists TAJBank’s N10 billion Sukuk Mudarabah on its platform – Nairamrtrics
 
The Nigerian Exchange Limited (NGX) has admitted TajBank Limited’s N10 billion Sukuk Mudarabah on its platforml……………….……..Read More

Sterling Bank, Credit Café Sign MoU to Boost Lending – Thisday

 
Sterling Bank Plc has signed a partnership agreement with Credit Café Africa for the distribution of a credit facility template, insurance, and other value-added services for existing and potential customers of the bank in the health and education sectors of the economy……………..……..Read More

As Naira Scarcity Offers Temporary Food Inflation Relief – Thisday

 
In a rare scenario, food prices have witnessed sudden drastic fall within the last few weeks as scarcity of the redesigned naira notes persists, but analysts warn this could be short-lived, James Emejo writes …………….……..Read More

Nigeria Eyes £14bn in UK Trade Scheme for Developing Countries – Thisday

 
The Executive Director/Chief Executive, Nigerian Export Promotion Council (NEPC), Dr. Ezra Yakusak has said that the Developing Countries Trade Scheme (DCTS) recently unveiled by the United Kingdom (UK) would further support sustainable economic growth for Nigeria’s non-oil export sector. …………….……..Read More
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