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The local bourse maintained a downtrend with the All-Share index declining 81bps to close at 39,114.73 points, following price declines in MTNN (-4.7%), DANGCEM (-2.5%), and FCMB (-5.8%). Consequently, YTD loss worsened to -2.9% while market capitalisation...
Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said that the CBN would resist attempts by those who seek to continually import maize into...
The Central Bank of Nigeria (CBN) has announced an extension to its Naira 4 dollar incentive to encourage diaspora remittances till further notice. The apex bank...
The Lagos Commodities and Futures Exchange (LCFE) has concluded plans to admit Dukia Gold‘s diversified financial instruments, backed by gold as the underlying asset in a...
The government of United Kingdom has said that it will support 30 Nigerian female GreenTech Entrepreneurs through its UK Nigerian Tech Hub.The UK had launched a Green...
The local bourse today extends the previous session’s negative sentiment as the benchmark index fell 92bps to close at 39,433.81 points following sell-offs in STANBIC (-10.0%), GUARANTY (-3.7%), and ZENITH (-3.2%). Consequently, YTD loss worsened...
Access Bank said it has bought over Grobank in South Africa. This has given the Nigerian bank an opening into the South Africa financial market. In...
The share of US dollar reserves held by central banks fell to 59 per cent—its lowest level in 25 years—during the fourth quarter of 2020, according...
Union Bank of Nigeria Plc shareholders have approved the group’s 2020 annual accounts and commended the board and management for sustained profitability in spite of the...
The Federal Executive Council (FEC) has approved N6.2 billion for execution of various power projects across the country. Minister of Power Sale Mamman disclosed this when...
BudgIT Nigeria, a civic-tech NGO has said that the 2021 budget was padded by N39.5billion through numerous loopholes. In its report, the organisation cited 316 duplicated...
Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located...
Permanent Secretary, Ministry of Finance, Aliyu Ahmed told the Senate yesterday that the Ministry was not in possession documents related to the Ministry on alleged “secret...
The market capitalisation of the Nigerian Stock (NGX) recorded a growth of N419 billion in April due to impressive first quarter results declared by some companies....
The Federal Government says the Lekki Deep Seaport will be a significant game-changer in Nigeria’s Maritime economy with corresponding benefits to the West and Central sub-regions...