The domestic equities market closed southward as the benchmark index declined 2bps to close at 24,750.06 points due to sell-offs in DANGSUGAR (-9.9%), NIGERIAN BREWERIES (-2.7%) and ETI (-5.1%). As a result,...
Nigeria foreign exchange market got a boost of Forex from $38.1 to $63.44 million an increase of 66.42%. The increase is a boost in liquidity in...
President Muhammadu Buhari has in Abuja cautioned that the ambition for Eco regional currency can be in ‘serious jeopardy,’ unless member states complied with agreed processes...
At the close of trade today, the domestic equities market sustained its downward performance from last week as the benchmark index declined 29bps to close at 24,753.92 points...
The nation foreign currency reserves dropped to $36.3 billion losing $261 million in 15 days. Data published by the apex bank in its website showed that...
Access Bank PLC has extended its Womenpreneur Pitch-A-Ton programme to six African countries. These countries are Nigeria, Ghana, Rwanda, Zambia, Sierra-Leone, Gambia and Congo. The Womenpreneur...
Nigeria financial markets last week: Domestic equities market sell-offs dominate trading activities… ASI lost 1.4% w/w The equities market recorded a bearish performance last week due to...
The appointment of new directors and the subsequent retirement of those who are eight years and above as Director in Federal Inland Service has raised dust...
For the second time in two months, Ecobank Nigeria has hosted another set of its trainees from its state of the art academy to a virtual graduation...
Investors on the Nigerian Stock Exchange (NSE) on Friday traded 174.68 million shares valued at N2.01 billion in 3,695 deals. This was in contrast with a...
Central Bank of Nigeria has debited N216 billion from 26 banks with excess cash holdings as part of measures to reduce the volume of cash in...
The Central Bank of Nigeria (CBN) has unveiled plans to release a framework for the integration of non-interest window in all its intervention programmes, particularly the...
The All-Share index declined 16bps to close at 24,933.41 points due to sell-offs in NIGERIAN BREWERIES (-9.5%), ACCESS (-0.7%) and JAIZBANK (-9.0%). As a result, market capitalisation declined ₦20.6bn to settle at ₦13.0tn while...
Naira opened weaker at N385 per dollar for the second day in a row, but it recovered to N361 on the official market after two trades,...
Nigeria will seek to unify its multiple exchange rate regime to generate more local currency from its dollar inflows and manage the rate in a sustainable...