Today, the local bourse posted a bullish performance as the benchmark index rose 78bps to 41,014.30 points on account of buying interest in DANGCEM (+7.0%), MTNN (+1.6%), and UNILEVER (+2.6%)....
National Bureau of Statistics’ Data has shown that three bank with foreign interest facilitated bulk of the foreign money that came into the country. The banks...
The domestic equities market extended losses for the third consecutive trading session due to sell-offs in DANGCEM (-7.4%), ZENITH (-3.1%), and UBA (-6.9%). As a result, the NSE All-Share Index...
A total of N6.45 billion was deducted from the allocations of the 36 states as part of external debt deductions from the November 2020 Federation account...
Sell pressures in ZENITH (-0.8%), GUARANTY (-0.5%), and INTBREW (-2.6%) dragged the benchmark index lower by 13bps to 41,510.16 points, extending the previous day’s loss. As a...
Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp – new features available on the Bank’s Mobile App. Speaking, Olukorede Demola-Adenyi, Head,...
International Monetary Fund IMF, Board of Directors have noted that multiple rates, limited flexibility, and foreign exchange shortages are posing challenges to Nigeria and have thus...
The total capital importation for the year 2020 contracted by 59.7 per cent y/y to $9.7 billion from $23.9 billion in 2019. The disaggregated full year...
The Central Bank of Nigeria has notified Deposit Money Banks, Non-Financial Institutions, other financial institutions against doing business in Crypto and other digital assets. In a...
The Police in Lagos, in a joint operation with the Edo State Command, have nabbed the mastermind behind the syndicate group, comprising over ten fraud groups...
One of Nigeria’s leading banks – Wema Bank has set out to make this season of love as eventful as possible for her customers and members...
Access Bank Plc has joined forces with American Express to broaden the acceptance and usage of American Express cards in Nigeria. Mr. Robert Giles, Senior Banking...
The sell-offs on the local bourse continued today and the All-Share index fell 10bps to 42,000.01 points as a result of price declines in GUARANTY (-2.1%), WAPCO (-1.6%), and ETI (-4.8%). Consequently, the YTD return...
The Nigerian Stock market resumed this month’s trading on a bearish note as the benchmark index declined 13bps to 42,357.90 points as a result of sell-offs in NESTLE (-3.7%), ACCESS (-1.6%),...
African Export-Import Bank (Afreximbank), has been ranked as Africa’s #1 mandated lead arranger in sub-Saharan Africa, according to Bloomberg’s 2020 full-year “Capital Markets League Tables”. This...