Ecobank Nigeria says its customers now enjoy zero charge for digital money transfers below N5,000 being part of its corporate actions to cushion effects of the...
The market value of all listed companies in the Nigerian Stock market, lost about N2 trillion between January and March of 2020. As a result equities...
Nigerian Breweries PLC has informed the Nigerian Stock Exchange that it plans to raise fresh funds through issuance of commercial paper. The company had two months...
FCMB Group Plc audited financial results showed that the Group’s gross revenue increased to N188 billion compared to N177.2 billion in 2018. The strong performance also...
The domestic equities market closed on a positive note as the All-Share Index marginally rose 10bps to 21,121.20 points due to bargain hunting in DANGCEM (+9.9%), LIVESTOCK (+9.4%) and GLAXOSMITH (+9.1%). Consequently, YTD...
Bank of Industry (BoI) in the financial year 2019/2020 disbursed a total of ₦234 billion to 10,145 enterprises, thus facilitating the creation of an estimated 1...
Monetary contributions to the account set up at the Central Bank of Nigeria (CBN) under the auspices of the Private Sector Coalition Against COVID-19 (CACOVID) has...
Fitch rating agency has downgraded the United Kingdom AA_ negative outlook. The downgrade the Agency said reflects a significant weakening of the UK’s public finances caused...
The COVID-19 pandemic is a crisis like no other. It feels like a war, and in many ways it is. People are dying. Medical professionals are...
At the close of trade, the All-Share Index shed 94bps to 21,100.54 points following sell-offs in DANGCEM (-9.9%), ZENITH (-2.6%) and FLOURMILL (-9.9%). Consequently, YTD return settled at -21.4% while market capitalisation decreased...
In the face of the coronavirus pandemic and the resulting lockdown, Prudential Zenith Life Insurance is rolling out a range of services to help customers cope...
The Board of Directors of the Export-Import Bank of the United States (EXIM) yesterday unanimously approved approximately $91.5 million in loan guarantee financing that supports U.S....
At the close of trade, price declines in ZENITH (-2.1%), GUARANTY (-1.1%) and ACCESS (-1.7%) dragged the All-Share Index down 14bps to 21,300.47. Consequently, YTD return settled at -20.6% while market capitalisation decreased ₦15.8bn...
Today we face economic upheaval potentially more severe than we witnessed during the global financial crisis. The coronavirus pandemic is a different kind of shock. Never...
The Central Bank of Nigeria (CBN), has put on hold clearing in the Nigerian financial system. CBN said that all deposit money banks in the country...