Central Bank of Nigeria Monetary Policy Committee (MPC), has unanimously agreed to retain the Monetary Policy Rate (MPR) at 11.5%. Monetary policy rate is the rate...
The benchmark index rose 121bps to close at 41,584.94 points following strong demand in AIRTELAF (+7.6%), MTNN (+0.5%) and WAPCO (+3.8%). Consequently, the YTD return improved to 3.3% while market capitalisation increased...
FCMB Group Founder and notable philanthropist, Otunba Olasubomi Balogun (CON), has formally handed over his Otunba Tunwase National Paediatrics Centre (OTNPC), located at Ijebu Ode, Ogun...
The local bourse started the week bullish as the benchmark index rose 21bps to close at 41,088.96 points due to buying interest in DANGCEM (+0.9%), AIRTELAF (+0.4%), and UBN (+6.3%). As...
International Monetary Fund Managing Director Ms Kristalina Georgieva has said that climate change constitute a fundamental risk to economic stability. In a virtual meeting titled Climate...
The Federal Government has been advised to explore data and intelligence in order to ease tax collection and improve its revenue base. Tax experts, speakers, panelists...
The Federal Government has said that Nigeria’s Excess Crude Account (ECA), a savings account in which crude oil sales above the budget bench mark for every...
Fitch Rating Agency has warned the Central Bank of Nigeria and the Buhari led federal government of the far reaching economic consequences of continued borrowing from...
At the close of trade, the local bourse posted a bearish performance as the NSE All-Share Index fell 12bps to close at 41,099.15 points due to...
Africa’s foremost innovation hub, the Africa Fintech Foundry (AFF), has opened up its registration portal for the 2021 Accelerator program. The initiative, which is being executed...
Afreximbank has said that it will facilitate payments for COVID-19 vaccine by providing advance procurement commitment guarantees of up to $2 billion to the manufacturers on...
The Federal Inland Revenue Service (FIRS) said it collected N4,952,243,711,728.37 as tax revenue in the 2020 fiscal yea a little below its 2020 N5.076trn revenue target....
The domestic equities market sustained previous loss as the NSE All-Share Index fell marginally by 7bps to close at 41,051.63 points due to sell-offs in BUACEMENT (-1.1%), ACCESS (-3.7%),...
The Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the pan-African banking group is facilitating smooth and instant payments across Africa...
About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme (ABP) of the...