The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any...
The FMDQ Holdings (FMDQ Group) has admitted the Axxela Funding 1 PLC ₦11.50 billion Series 1 Bond under its ₦50.00 billion Bond Programme platform. FMDQ Group...
At the end of trade today, the equities market recorded a moderate loss of 1bp to close at 24,276.56 due to sell-offs in INTBREW (-8.9%), FBNH (-0.9%) and ACCESS (-0.8%). This resulted...
Central Bank of Nigeria apparently buckled under pressure from International Monetary Fund, IMF and World Bank to unify the Naira exchange rate. The national currency, Naira,...
Today, the market remained resilient as the All-Share Index advanced 75bps to settle at 24,097.48 points due to bargain hunting in GUARANTY (+6.9%), WAPCO (+10.0%) and ZENITH (+1.8%). Consequently, market capitalisation settled at ₦12.7tn as...
Ecobank Nigeria has restated its commitment to the Agricultural sector and is supporting over 70,000 farmers with special loans to increase their capacity and yields during...
African economies, is expected to partially rebound next year from a pandemic-induced economic slump, but it could still lose nearly a quarter of a trillion dollars...
President Buhari anti-corruption is on trial as the man charged with responsibility of fighting the hydra headed social monster has been suspended on corruption charges. The...
Nova Merchant Bank, has said that its ongoing N10 billion bond issuance is aimed at putting the business on firm footing to achieve its short-term and...
In today’s session, gain resurfaced in the equities market as the benchmark index rose 30bps due to bargain hunting in AIRTELAF (+3.7%), BUACEMENT (+2.5%) and ZENITH (+1.9%) to close at 24,097.48 points. Consequently, market capitalisation advanced ₦37.3bn to...
The Federal Capital Territory Administration FCTA has threatened to seal some branches of Guaranty Trust Bank in the territory for operating without regards to Covid-19 safety...
Nigeria’s total public debt rose to N28.62 trillion as of March, up 15% from a year earlier, the Debt Management Office (DMO) said on Friday. Africa’s...
Central Bank of Nigeria has debited N122 billion from Nigerian banks with excess cash before weakening the currency at a retail auction on Friday, in a...
Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says Federal Government has proposed N2.3 trillion to boost the mining and other sectors of the economy...
The Federal Government has approved 60 per cent debt forgiveness for all debtor broadcast stations in the country to cushion the effects of COVID-19 on the...