THE Federation Accounts Allocation Committee (FAAC) has shared N716.298 billion to the three tiers of government for the month of December 2019. The Permanent Secretary, Ministry...
A British prosecutor has launched a fresh attempt to confiscate tens of millions of pounds stolen from an oil-producing state in Nigeria by its former governor,...
The gains in bellwethers, DANGCEM (+2.9%), MTNN (+2.1%) and GUARANTY (+1.7%), pushed the All-Share Index up 1.0% to 29,352.13 points. Hence, YTD return improved to 9.4% while market capitalisation...
President Muhammadu Buhari has forward the name of Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria....
As school opens for 2020 and parents are raising funds to pay school fees and buy books, retail investors are selling off their shareholdings to meet...
Profit taking in MTNN (-2.7%) and DANGCEM (-1.2%) dragged the All-Share Index down 1.2% to 29,633.58 points. Accordingly, YTD return slumped to 9.1% while market capitalisation...
The week started on a bullish note as price appreciation in MTNN (+10.0%), UBA (+3.6%) and UACN (+7.8%) buoyed the broad index to 29,633.58 points, up...
Nigeria debt service hits $1.31 billion in 2019. Available data in Central Bank of Nigeria (CBN) showed that Nigeria spent $1.31 billion to service external debt...
The Swiss National Bank says it expects to post an annual profit of 49 billion Swiss francs (50.29 billion dollars). This figure is much higher than...
Ecobank Nigeria in its quest to enhance its non interest income has said it has opened an Agriculture Businesses Finance Scheme where it plans to disburse...
22 stocks gained in price appreciation as 21 other declined at the Nigeria Stock Market trading in shares. The best performing stocks for the day according to...
The domestic bourse sustained its rally as gains in DANGCEM (+9.3%), MTNN (+1.8%) and STANBIC (+6.3%) pulled the All-Share Index (ASI) 354bps higher to 28,562.48 points. This is coming on the heels of...
United Bank for Africa Plc (UBA) has appointed Mr. Oliver Alawuba as the Chief Executive Officer (CEO) UBA Africa, overseeing the bank’s 20 African country operations,...
The equities market sustained its bullish trend following price appreciation in DANGCEM (+2.7%), ZENITH (+5.0%) and ACCESS (+3.7%) which pulled the All-Share Index (ASI) up 90bps to 27,586.93 points. Consequently, market capitalisation...
The Edo State Government has commenced the payment of the new N30,000 minimum wage to workers in the state with the adjustment of the government’s payroll, among other modalities...