In a renewed battle against corruption, the Central Bank of Kenya (CBK) has issued a stern warning that it would sanction any banks handling proceeds of...
eTranzact International Plc, a leading electronic payment solution company, has assured stock brokers at the Nigerian Stock Exchange (NSE) of a bright future as investment in...
In today’s trading session, losses in bellwethers – DANGCEM (-2.4%), FBNH (-2.8%) and STANBIC (-1.6%) drags the benchmark index 46bps lower to 32,963.27 points, ex-DANGCEM, the ASI...
The African Development Bank (AfDB) has called on global partners to join hands to lift one billion people worldwide out of hunger. It said it was...
The domestic market rebounded today by 2.0% to close at 33,114.44 points following bargain hunting in bellwethers – DANGCEM (+2.4%), NESTLE (+6.8%), GUARANTY (+5.0%), STANBIC (+4.8%)...
Central Bank of Nigeria has kept its main interest rate at 14 per cent, Governor Godwin Emefiele said, in a split decision that reflected the bank’s...
Residential and commercial properties in the Carolinas and Virginia sustained between $19 billion and $28.5 billion in damage, including damage resulting from storm surge and inland...
Standard Bank said the Nigerian central bank (CBN) may review a decision to penalise its West African unit for allegedly breaking the law in helping South...
Babatunde Fowler, executive chairman of the Federal Inland Revenue Service (FIRS), has said that 6,772 corporate bank accounts will be frozen for defaulting on tax payments....
Today, profit taking in NIGERIAN BREWERIES (-3.2%), UBN (-9.5%) and OKOMUOIL (-9.0%) dragged the benchmark index 0.3% lower to close at 32,451.27 points. As a result, market...
The National Bureau of Statistics (NBS) says the country’s foreign debt stands at 22.08 billion dollars and the domestic debt N3.48 trillion. The bureau disclosed this...
The Nigerian National Petroleum Corporation (NNPC) says it has no hidden 470.5 million dollars and Eight billion Naira in any commercial bank as alleged by the...
The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total of $317.52million in that...
The Central Bank of Nigeria CBN has revoked the operational license of ailing Skye Bank Plc and set up a bridge bank called Polaris. CBN Governor...
In today’s trading session, gains in bellwethers – WAPCO (+9.9%), UBA (+4.0%) and ETI (+2.9%) drove the All Share Index (ASI) by 33bps to 32,480.89 points....