Nigeria Stock Market News From Trusted Sources

• Price Watch: Nigerians paid less for Kerosene in December 2020NBS Report shows that consumers paid less for Kerosene in December than they did in November 2020.
• Transport Fare Watch: Commuters by bus journey intercity paid more in December 2020NBS report indicates that commuters paid more for bus journey intercity in December 2020 than they did in November 2020.
• Productivity-enhancing reforms is required for quick economic recovery – World BankProductivity-enhancing structural reforms key to quick economic recovery.
• PFAs investment in FGN securities rises by 3.7% in November 2020RSA registration marginally increased by 0.17% to 9,188,475 as at November 2020.
• NSE Exchange Traded Funds (ETF) market capitalization hits N24.51 billionThe NSE stated that the NEWGOLD ETF emerged the best ETF for the second consecutive year, posting returns of 66.03%.
• First cargo of Nigeria’s newest crude grade, Ayala, to arrive EuropeThe first export cargo of Nigeria's newest crude grade, Anyala, is reported to be on its way to Northwest Europe.
• UBA, ARDOVA drop, Nigerian Stocks investors lose N16 billionWith 43 gainers to 21 losers, most sectoral indices closed positive, underlining the bargain-hunting across the sectors.
• Traders’ Voice… The inflation highwayNigeria's annual inflation rate soared for a 16th straight month to 15.75 percent in December of 2020.
• Donald Trump and Joe Biden clash over plans to lift travel ban on UK, EU, BrazilJoe Biden's incoming administration has dismissed plans by President Donald Trump to lift the coronavirus-related travel bans for non-American citizens.
• Tizeti rolls out high-speed 4G LTE in Edo with N4000/month broadband serviceTizeti is rolling out its 4G LTE network in Edo State, with monthly fixed broadband costs pegged at four thousand Naira ($8).