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Investors at the Nigerian Stock Exchange gained N150.7 billion as the All Share Index rose by 1.1 per cent. This halted the bearish sentiment in the...
Customers in the retail segment of the Nigerian inter-bank foreign exchange market received a $318.73m boost from the Central Bank of Nigeria (CBN) on Friday, June...
Britain and Nigeria are exploring ways to list Naira-denominated bonds on the London Stock Exchange to help fund infrastructure projects in the West African country, the...
Wema Bank Plc. said that its Managing Director/Chief Executive Officer, Segun Oloketuyi is retiring from the bank following almost a decade at the helm of the...
The negative performance of the local bourse was sustained in today’s session as the NSE All Share Index (ASI) fell 10bps to 37,963.93 points while YTD loss remained...
Federal Government of Nigeria is again planning to raise another $2.8 billion offshore loans as part of its 2018 budget and will explore all options to...
ECOWAS is set to enhance sustainable electricity access through solar in 19 countries in West Africa and the Sahel region to promote development in the region....
The International monetary Fund has warned that weaknesses in some financial institutions in Ghana including high levels of nonperforming loans can adversely impact financial stability, hamper...
The Trump administration has decided to rely on existing laws, being updated by Congress, to restrict Chinese investment in the U.S., dropping consideration of alternative approaches...
United Nations Economic Commission for Africa (ECA) has said that the Economic Community of West Africa States plan for a single currency by 2020 is now...
The Federation Account Allocation Committee (FAAC) disbursed the sum of N289.04 billion to the Federal Government in May, the National Bureau of Statistics (NBS) has said....
Today, the local bourse reversed gains from yesterday’s positive performance as losses in market bellwethers – INTBREW (-6.1%) and ZENITH (-1.7%) – pulled the All Share Index (ASI)...
The Transmission Company of Nigeria (TCN) says it has installed another power transformer at the Ijebu-Ode Transmission Sub-Station, increasing the substations’ capacity from 60 Mega Volt...
Two years after he performed the ground-breaking for the 274-kilometre superhighway of Cross River state, President Muhammadu Buhari on Tuesday commissioned the state’s Rice Seedling Factory...
Wema Bank Plc.,has launched a new blog called enovate, offering stories about innovation, with staff and customers as main contributors. The aim of the blog is...