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...
The local bourse reversed the losses recorded since the beginning of the week, as buying interest in NESTLE (+6.4%), DANGCEM (+6.5%), and PRESCO (+5.5%) drove the All-Share...
The Board of Directors of Ecobank Nigeria has announced the appointment of three non-executive directors: . Mrs. Bola Adesola, Mrs. Titilayo Olujobi and Mrs. Bimbola Wright....
The domestic equities market began the week in red, driven by profit-taking in BUACEMENT (-2.9%), GTCO (-0.5%), and ZENITH (-0.2%), as the All-Share Index declined 25bps to 38,864.33 points. Accordingly, YTD loss worsened to...
The Board of Directors of the African Development Bank (AfDB) Group has approved a new policy framework for the Independent Recourse Mechanism (IRM). The IRM provides...