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At the close of trade, gains in banking stocks -STANBIC (+5.9%), ZENITH (+3.0%) and GUARANTY (+2.4%)- pushed the NSE-ASI index higher by 57bps to close at 42,169.41 points. Consequently, the YTD...
Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, Viability Rating (VR) of ‘b-‘ and...
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the...
The CBN said it has dole out N554.61 billion to 2, 849,490 farmers to enhance food security under its Anchor Borrowers Programme (ABP) beginning from 2015....
The Nigerian Customs Service, will next week, commence the reduction in the duties on vehicles and tractors from 35 to about 10 per cent. This is...
The positive momentum continued in the local bourse as the benchmark index gained 83bps to close at 41,930.73 points. This was on the back of sustained gains in...
A toxic mix of complacency, excessive risk-taking and market exuberance in financial markets is raising risks of a market correction, the International Monetary Fund has said....
World Economic Forum has said that Nigeria will officially join the World Economic Forum’s Global Plastic Action Partnership (GPAP), a platform that works with governments, businesses...
NOVA Merchant Bank, a leading merchant bank in Nigeria, began 2021 on a high note as it announced several promotions for its employees who excelled in...
President Lagos Chamber of Commerce and Industry Mrs Toki Mabogunje has said that governments at all levels should in 2021 aim at deepening Investor Confidence among...
Central Bank of Nigeria Monetary Policy Committee (MPC), has unanimously agreed to retain the Monetary Policy Rate (MPR) at 11.5%. Monetary policy rate is the rate...
World Economic Forum has said that a growing coalition of 61 top business leaders across industries are committed to the Stakeholder Capitalism Metrics, a set of environmental, social and governance...
The benchmark index rose 121bps to close at 41,584.94 points following strong demand in AIRTELAF (+7.6%), MTNN (+0.5%) and WAPCO (+3.8%). Consequently, the YTD return improved to 3.3% while market capitalisation increased...
FCMB Group Founder and notable philanthropist, Otunba Olasubomi Balogun (CON), has formally handed over his Otunba Tunwase National Paediatrics Centre (OTNPC), located at Ijebu Ode, Ogun...
Accelerating inequality, remote work and greater tech market dominance are among the pandemic’s emerging trends that are likely here to stay for some years. Beyond managing...