The domestic equities market maintained its bullish momentum as buying interest in STANBIC (+4.5%), FBNH (+1.0%) and GUARANTY (+0.2%) drove the benchmark index up 15bps to settle...
Nigerian cocoa output is likely to drop by at least 20% this season as measures aimed at curbing the spread of the novel coronavirus and drier...
As part of its effort to increase foreign exchange liquidity in the country, the Central Bank of Nigeria (CBN) has directed all banks in the country...
Trading on the Nigerian Stock Exchange (NSE) on Tuesday sustained upward posture, in spite of a negative Gross Domestic Product (GDP) recorded in the second quarter...
The Central Bank of Nigeria (CBN) has removed buying agents/companies or any third parties from accessing its SMIS forex window through FORM M forex purchases. In...
Shareholders on Monday called for collaboration of capital market operators involved in the e-dividend value chain to tackle the high rate of unclaimed dividends in the...
The equities market opened the week positive as the All-Share Index rose 3bps due to price appreciation in GUARANTY (+0.4%), GUINNESS (+1.3%) and UNILEVER (+7.5%) to close at 25,229.12...
Federal Inland Revenue Service says it netted a total of N1.29 trillion revenue from various taxes in Q2 2020 about N19.15 billion over revenue target of...
African Export-Import Bank (Afreximbank) unaudited financial statements for the six months ended 30 June 2020 showed that despite the impact of the Covid-19 pandemic on socio-economic...
The Managing Director/Chief Executive Officer of Polaris Bank Limited, Mr. Tokunbo Abiru, has announced his retirement from the service of Polaris Bank, effective August 31, 2020,...
Four Nigerian companies have been barred from participating in Africa Development financial projects for engaging in fraudulent and collusive practices during the tender for projects. The...
Last week, buying interest in INTBREW (+26.3%), DANGSUGAR (+5.0%) and GUARANTY (+0.8%) lifted the benchmark index by 0.1% w/w to 25,221.87 points. Consequently, market capitalisation rose...
Ecobank has launched the virtual card, a digital payment solution for safe online payments, integrated into its digital banking channel, Ecobank Mobile. The Ecobank Virtual Card was rolled out in the recently released...
Agence Française de Développement (AFD) and the African Export-Import Bank (AfreximBank) have signed a new facility agreement for a EUR 150 Million financing program to support...
The Niger Delta Congress ,NDC, has called on governors of Niger-Delta region on the need to have an emergency roundtable meeting that would forestall the economic...