Nigeria Stock Market News From Trusted Sources

• Stanbic IBTC introduces Super App; upgraded with exciting features to enable seamless transactionsStanbic IBTC Holdings PLC has upgraded its mobile App by introducing exciting features to enable seamless transactions.
• Lagos orders shutdown of all schools over #EndSARS protestsLagos State Government has ordered the closure of all public and private schools in the state.
• 2021 Budget: Education and Health sectors to gulp N1.76 trillionA total sum of N1.76 trillion has been allocated to the Health and Educational sectors in the 2021 budget.
• #EndSARS protests dampen market liquidity at Nigerian Stock MarketINTBREW led 19 Gainers as against 18 Losers topped by ETERNA at the end of today's session.
• Nigerian firm set to raise $1.2 billion to purchase electricity metersMAPCo plans to raise N480 billion to purchase electricity meters and to help the DISCOs plug revenue gaps in their operations.
• More agriculture loans but longstanding bottlenecks remainDespite the flurry of funds provided via intervention policies, long-standing bottlenecks in the agric sector still exist.
• NCC sets up committee to review licensing framework of Infrastructure CompaniesThe NCC has set up a committee to review the framework for the licensing of the current Infrastructure Companies.
• Furera Jumare resigns from Union Bank Board following appointment by Jigawa StateMrs. Furera Isma Jumare has resigned her role on the Board of Union Bank of Nigeria Plc.
• Nigeria’s $1.5 billion steel plant set to produce 1 million MT of steel annuallyNigeria nears steel independence as $1.5 billion steel plant in Kaduna is set to produce 1 million MT of steel annually.
• FG flags off special grant for rural women, earmarks over N140 billionFG has kicked-off a grant that will see over 700,000 rural women benefitting N20,000 each.