The gap between the bullish mood among investors and the huge uncertainties about the extent and speed of the economic recovery from the coronavirus pandemic is...
Aviation unions have threatened to shut down the Nigerian Airspace Management Authority ,NAMA, operations if the agency goes ahead with its planned payment of incomplete salaries...
Losses in the equities market were extended into the third consecutive trading session as sell-offs in SEPLAT (-10.0%), NIGERIAN BREWERIES (-3.6%) and INTBREW (-9.9%) dragged the benchmark index 38bps lower to...
Sub-Saharan Africa’s gross domestic product is expected to shrink by 3.2% this year due to the impact of the COVID-19 pandemic, the International Monetary Fund said...
The Central Bank of Nigeria (CBN) says the Governor, Godwin Emefiele, and his team at the Bank will not be deterred in their effort to steer...
Access Bank Plc has unveiled a digital lending portal to provide access to finance for Small and Medium Enterprises (SMEs) in the country. The portal tagged:...
Nigeria is continuing its discussions with the World Bank and other multilateral lenders to raise $6.5 billion, the finance ministry said. Meanwhile the power sector has...
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...