Sell-offs in MTNN (-1.7%), BUACEMENT (-1.8%) and ZENITH (-2.7%) dragged the All-Share Index by 91bps to close at 24,954.25 points. As a result, market capitalisation fell ₦119.2bn to settle at ₦13.0tn while YTD loss worsened to -7.0%. Activity...
Afreximbank President Prof. Benedict Oramah Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed Prof. Benedict Oramah as President of the Pan-African multilateral financial institution...
A yet to be published audit report of the insider dealings that ruined Skye Bank indicates that non performing facilities granted to Pan Ocean Group contributed...
The World Bank Group has said in its latest estimate that Nigeria, India, and the Democratic Republic of Congo are “three countries which we project are...
Senate has passed an increased budget for 2020, as Nigeria tackles the new coronavirus pandemic and a sharp fall in the price of oil, the country’s...
The Nigerian Stock Exchange (NSE) has said that low yield environment caused by Coronavirus pandemic has positioned the equity market with domestic investors accounting for 60...
The African Development Bank’s vice president for agriculture, human and social development, Jennifer Blanke, will step down from her post next month, the bank said on...
National Co-operatives Financing Agency of Nigeria (CFAN) has lauded the waiving of guarantors for applicants of CBN’s N50 billion COVID-19 Targeted Credit Facility. CFAN described the...
Today, trading in the domestic equities market closed south as price depreciation in BUACEMENT (-3.9%), UACN (-9.1%) and ZENITH (-1.2%) dragged the All-Share Index by 47bps to close at 25,215.04 points. As a result, market...
Today, the NSE All-Share Index (ASI) appreciated 34bps to close at 25,335.15 points following buying interest in BUACEMENT (+4.1%), DANGSUGAR (+2.8%) and UBA (+0.8%). Consequently, investors gained ₦44.4bn as market capitalisation increased to...
FMDQ Securities Exchange Limited has announced the admission of Dangote Cement N100 billion Commercial Paper (CP) on its platform. FMDQ Securities Exchange Limited on Tuesday announced...
World Bank has said that the swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged the global economy into...
The African Development Bank said it has blacklisted Burmeister & Wain Scandinavian Contractor (BWSC) for 21 months for fraudulent and corrupt practices. The financial institution said...
The equities market ended today’s trading session in the green as the All-Share Index (ASI) rose 93bps to close at 25,250.20 points following price accretion in MTNN (+1.7%), BUACEMENT (+3.8%)...
Despite three consecutive days of gains during the week, the local bourse halted its bullish streak as profit-taking in BUACEMENT (-4.8%), STANBIC (-7.3%) and UBN (-8.2%)...