Nigeria Stock Market News From Trusted Sources

• FirstBank begins the year with an innovative, convenient virtual payment cardThe FirstBank Virtual Payment Card is a safe, convenient, and easy way of making e-commerce payments amongst other functionalities.
• Nigeria spends N29 trillion on recurrent (non-debt) expenditure in last 10 yearsNigeria spent N29.3 trillion on recurrent expenditure, 10x more than capital expenditure.
• Daily Parallel Market Exchange Rate – ₦470/$1The US dollar stands at ₦470/US$1 in the parallel market
• 6 Simple steps you must take to attract funding as an SME in 2021Poor access to finance is one of the leading challenges faced by SMEs, but these simple steps might just help you attract funding this year.
• CAP and Portland Paints obtain Federal High Court approval on proposed scheme mergerA Federal High Court approved the proposed scheme merger between Chemical Allied Products Plc and Portland Paints Plc.
• Price Watch: Consumers paid more for diesel and less for petrol in DecemberThe December 2020 NBS report shows that consumers paid more for diesel and less for petrol than they did in November 2020.
• Breaking: Ethereum within striking distance of $1,400The leading altcoin was trading at $1,377 thus within striking distance of $1,400.
• Oil traders weigh if COVID-19 support programs will buoy economic growthBrent oil crude futures gained 0.40% to trade at $54.95 while WTI futures were dropped 0.23% to trade at $52.30 a barrel.
• President Buhari has approved the expansion of the NSIP – MinisterMinister Sadiya Farouq has disclosed that President Buhari has approved the expansion of the NSIP.
• Nigeria fully committed to promoting good governance practices in Africa – BuhariPresident Buhari says that his government is fully committed to democracy and good governance in Africa.