Today, the All-Share Index rose 16bps to 40,829.15 points due to buying interest in FBNH (+3.1%), WAPCO (+1.5%), and UBA (+1.9%). Accordingly, YTD return strengthened to 1.4% while market capitalisation rose...
The World Bank says Nigeria’s economy is expected to grow by 2.4 per cent in 2021 owing to support by the service sector. The Bretton Woods...
President Muhammadu Buhari’s revised version of 2022-2024 Medium Term Fiscal Framework and Fiscal Strategy Paper, FSP has been approved by the Senate barely one day after the document...
African Export-Import Bank (Afreximbank) said that the Fund for Export Development in Africa (FEDA), its development impact-oriented subsidiary, has entered into a Joint Venture arrangement with...
Today, the the All-Share Index rose 12bps to 40,765.20 points due to bargain hunting in FBNH (+7.8%), NNFM (+6.5%), and UACN (+2.4%). Accordingly, YTD return strengthened to 1.2% while market capitalisation...
South-South geopolitical zone Governors have joined in the suit at the Supreme Court over the collection of Value Added Tax (VAT) in Nigeria, which is currently...
Today, the the All-Share Index rose 1.2% to 40,716.66 points due to buying interest in AIRTELAF (+6.3%), FBNH (+9.8%), and ZENITH (+1.7%). Notably, YTD return swung to the positive region at...
President Buhari has written to the Senate, seeking for the reconsideration and subsequent approval of a revised 2022-2024 Medium Term Fiscal Framework, and Fiscal Strategy Paper, FSP...
In a bid to firmly entrench a customer-first attitude with enduring service culture, Unity Bank has launched a new service charter and Hall of Fame for...
Wells Fargo & Co a US bank will pay $37.3 million to settle U.S. government claims it fraudulently overcharged commercial clients on foreign exchange services, the...
Airtel Africa said that its subsidiary Airtel Networks Limited (Airtel Nigeria), has initiated a process through which it seeks to buy back the 8.27% minority shareholdings at an...
The e-Naira which launch date has been shifted from October 1st would help to reduce the use of cash and ensure the stability of the Nigerian...
The World Bank has declared as “effective“ Nigeria’s 750-million-dollars COVID-19 Action Recovery and Economic Stimulus (NG-CARES) Programme. Mr Aso Vakporaye, the Chairman, Federal CARES Technical Committee,...
The African Development Bank (AfDB) is collaborating with African countries to develop and structure innovative financing instruments to address insecurity and challenges to economic growth investment...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has signed a Memorandum of Understanding (MoU) with the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and...