Today, the domestic bourse performed positively, rising 0.5% to 30,878.56 points following gains in banking stocks – GUARANTY (+2.8%), ZENITH (+0.9%) and FIDELITY (+9.6%). Consequent on...
Central Bank of Nigeria (CBN) Governor Godwin Emefiele has warned that the Peoples Democratic Party (PDP) presidential candidate’s suggestion that the exchange rate should be free...
Asset Management Company of Nigeria AMCON is preparing Polaris Bank for privatisation and will soon commence the process of seeking new investors to take over the...
Central Bank of Nigeria CBN has said that floating the Naira is too risky for the Nigerian economy. The apex bank Monetary Policy Committee has left...
The National Council of State has endorsed N27,000 as new National Minimum Wage, the Minister of Labour and Employment, Dr Chris Ngige, has disclosed Ngige made...
In today’s trading session, the local equities market rebounded albeit flattish, up 1bp to 30,736.9 points following gains in GUARANTY (+1.3%), ZENITH (+1.4%) and SEPLAT (+1.9%)....
Atiku Abubakar says he will split CBN into two separating supervisory and monetary policy functions if elected. He also said that he would transition the Naira...
In the first trading session of the week, the local bourse bucked its 7-day positive performance as losses in DANGCEM (-2.5%), SEPLAT (-8.0%) and WAPCO (-6.3%)...
The National Pension Commission (PenCom) is set to attract 60 million Nigerians in the informal sector to the pension scheme and hit N3 trillion assets growth....
The Central Bank of Nigeria (CBN), said any failed instant payment transaction not reversed into the customer’s account within 24 hours after complaint by the sender...
Federal Government will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter’s refinery, petrochemicals and fertiliser projects come on stream. This...
Vice President, Professor Yemi Osinbajo, has launched TraderMoni, a component of the National Social Investment Programme (NSIP), in Benin City, the Edo State capital, promising the...
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has appointed Ms. Arunma Oteh to its Board of Directors as a Non-Executive Director. Ms. Oteh...
eTranzact International PLC, Africa’s premier electronic payment solutions provider has gotten the express approval of Shareholders of the company to raise its Authorised Share Capital from...
The Federal Government has said it is working with the Indian Government to access $100 million concessional loan to develop Nigeria’s rural broadband connectivity. The Minister...