The Federal Competition and Consumer Protection Commission (FCCPC) says electricity has again topped its 2021 consumer related complaints chart just like in 2020 stating that its...
Union Bank of Nigeria (UBN) Plc on Thursday announced a proposed divestment of majority shareholding interest in the bank to Titan Trust Bank Ltd. The UBN...
Today, the domestic equities market lost due to sell pressure on some bellwether banking stocks – ZENITH (-0.8%), ACCESS (-0.6%), and UBA (-0.6%). Accordingly, the benchmark index tapered 1bp to 42388.57 points, market capitalisation...
National Assembly has passed the Finance Bill 2021in which a capital gain tax of 5 per cent will be imposed on shares sold at the stock...
The domestic equities market kicked off the week with a bullish performance driven by bargain hunting in DANGCEM (+0.6%), GTCO (+0.8%), and FBNH (+1.2%). Accordingly, NGX All-Share Index gained 10bps to 42,394.71 points, market...
African Export-Import Bank (Afreximbank) has received an inaugural international-scale long term issuer rating of A- with a stable outlook from the Japan Credit Rating Agency (JCR)....
Russia’s financial system would be able to cope even if it was disconnected from the SWIFT global interbank payments system, the head of the country’s second-largest...
In the wake of allegations of budget padding rocking the Senate, some civil society organisations have called on Senate President, Dr Ahmad Lawan, to sack the...
The African Development Bank (AfDB)is to train herdsmen and other Nigerians on livestock farming and ranching in the first phase of the initiative to create Special...
Access Bank Plc shareholders have unanimously approved the bank’s proposed reorganisation into a Holding Company (Holdco) to be known as Access Holding Plc. The shareholders gave...
Airtel Africa on the floor of the Nigeria Exchange announced the former introduction of Chimera Investment LLC as an additional investor in Airtel Mobile Commerce BV (‘AMC...
The World Bank has said that the global community has contributed a sum of $93 billion replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient, and inclusive future. The financing brings together...
International Monetary Fund IMF, has said that “In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to $226...
Senate has again approved President Muhammadu Buhari’s request of the sum of $5,803,364,553.50 and a grant component of $10 million under the 2018-2020 External Borrowing (Rolling) plan. The...
In tandem with our outlook yesterday, bargain buying in GTCO (+2.4%), DANGSUGAR (+2.8%), and MTNN (+0.1%) bolstered performance today as the NGX All-Share Index rose 9bps to 42,357.36 points. Accordingly, YTD return improved...