The Central Bank of Nigeria (CBN) on Friday, February 21, 2020, continued its intervention in the inter-bank foreign exchange market by injecting the sum of $292.34million...
Central Bank of Nigeria (CBN) has said that it recovered on behalf of customers over N60 billion excessive charges imposed on them by banks. This is...
In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019, with profit...
CSL Stockbrokers Limited, a subsidiary of FCMB Group Plc, has emerged as the new stockbroker to the Federal Government of Nigeria. The appointment of the firm,...
Today, the domestic equities market recorded the first gain of the week as the All-Share Index rose 17bps to 27,568.91 points due to buying interest in BUACEMENT (+3.0%), UBN (+1.4%) and UCAP (+9.9%). Consequently, YTD return...
The Nigerian Export-Import Bank (NEXIM) says it has concluded plans to promote crops that have potential export value in Katsina State thereby creating more businesses and...
The Federal, States and Local Governments on Wednesday shared a total of N647.35 billion for the month of January as the Federation Account Allocation Committee (FAAC)...
The bearish sentiment was sustained at the close of trade as the All-Share Index fell 9bps to 27,523.08 points following sell-offs in GUARANTY (-1.6%), CUSTODIAN (-9.9%) and DANGSUGAR (-2.0%). As a result, YTD return...
The International Monetary Fund (IMF) has cut its growth forecast for Nigeria this year to 2 per cent from 2.5 per cent, reflecting fears the coronavirus...
Price depreciation in Banking stocks – FBNH (-2.5%), UBA (-1.9%) and GUARANTY (-0.5%) – pulled the All-Share Index down 8bps to 27,547.56 points. Consequently, YTD return fell to 2.6% while market capitalisation shed ₦12.2bn...
Managing Director, Ecobank Nigeria, Patrick Akinwuntan says the Ecobank Agribusiness Summit was an initiative to create a common platform that brings together partakers in the Agric...
The Federal Government is set to empower 35 creative firms with N7 billion in order to enhance the growth of the industry. The fund was designed...
The domestic equities market opened the week on a bearish note as sell-offs in BUACEMENT (-2.2%), GUARANTY (-3.0%) and ETI (-8.6%) drove the All-Share Index down 67bps to 27,570.58 points. As a...
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has restated the need for States in the country and the Federal Capital Territory (FCT) to...
Federal Government has said it plans to appoint advisers for a $3.3 billion Eurobond issue through an open competitive bid process and expects to complete an...