Central Bank of Nigeria CBN, Monetary Policy Committee has retained the benchmark interest rate at 11.5%, whilst keeping all other monetary parameters constant. This was disclosed...
The NGX-ASI bounced back with a 2bps gain today to close at 45,939.51 points due to price appreciation in ETI (+9.9%), 0.0% SEPLAT (+1.3%), and UBA...
Abdulsamad Rabiu, Chairman BUA group has emerged the 5th out of the 18 richest African in Forbes billionaire ranking. Rabiu gained $1.5 after taking yet another...
A financial services provider, Leatherback Limited, says it is set to introduce a banking system that will enable bank customers transact business across borders with unusual...
Lagos Chamber of Commerce and Industry has said that consideration should be given to users of E-invoicing and E-Evaluator platform introduced by the Central Bank of...
The National Economic Council has said that the nation’s savings from sale of crude above the budget benchmark called Excess Crude Account now stands at $35,868,086.40...
The Association of Corporate Affairs Managers of Banks (ACAMB) – an umbrella association of communications and marketing professionals, working in Nigeria’s banking sector – has elected...
Today, the local bourse extended its gaining streak to close 1.0% higher to 45,890.52 points on the back of gains in DANGCEM (+5.5%), NGXGROUP (+6.3%), and ACCESS (+0.5%)....
Refinitiv has said that an estimated $506.0 million worth of investment banking fees were generated in Sub-Saharan Africa during 2021, 8 per cent less than in...
Today, bullish sentiment pushed the NGX-ASI 1.7% higher to close at 45,430.14 points, supported by AIRTELAF (+10.0%), SEPLAT (+4.4%), and ZENITH (+0.4%). Consequently, YTD return improved...
Microsoft Corporation has said that it has reached an agreement to acquire Activision Blizzard Inc. in an all-cash deal valued at $68.7 billion that will be...
World Economic Forum has said in its annual report for 2021 that cybercrime – ransomware attacks rose 151 per cent in 2021. According to the report...
The bears kicked off the trading week as the NGX ASI dipped 0.1% to 44,399.66 points following sell-offs in BUAFOODS (-6.4%), UBA (-1.2%), and WAPCO (-0.8%). Consequently, YTD return weakened to 3.9% while market capitalisation shed ₦29.6bn to ₦23.9tn....
President Muhammadu Buhari will on Tuesday unveil the Central Bank of Nigeria (CBN) huge Rice Pyramids in Abuja. The mega rice pyramids project is a collaboration...
World Economic Forum has said that Environmental and social impact is top in the minds of investors as climate change and social cohesion top list of...