Sell pressures persisted in the local bourse as losses extended into the third consecutive session. Losses in DANGCEM (-2.9%), NESTLE (-1.5%) and DANGSUGAR (-8.0%) pulled the...
(Reuters) – Investors pulled the most money out of emerging market stocks last month since the ‘taper tantrum’ panic of 2013 when the U.S. Federal Reserve...
The African Development Bank (AfDB) has completed a $500 million credit insurance to protect the bank against the non-payment of loans made to approximately 30 African...
The Debt Management Office (DMO), says it has commenced the accelerated implementation of settlement of government arrears through promissory notes to oil marketers. This will help...
The level of Non-Performing Loans (NPLs) in the Nigeria banking sector rose by 15.6 per cent in 2017, the News Agency of Nigeria (NAN) reports. Mr...
Shares trading at the Nigerian Stock exchange, sustained sell pressures amidst weak investor appetite weighed negatively on the stock market as it extended losses into the...
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced the formation of two external advisory groups consisting of economic, financial, and public...
The domestic equities market reversed gains from the previous session as elevated sell pressures impacted market performance today. Consequently, the All Share Index (ASI) shed 0.1%...
Wema Bank plc said it is partnering with the the Association of Community Pharmacist of Nigeria (ACPN) through Advantage Health Africa (AHA) to provide support for...
Authorised dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million as intervention from the Central Bank of Nigeria (CBN)...
Foremost financial and investment analyst, Mr. Bismarck Rewane, has commended the Federal Government, through the Central Bank of Nigeria (CBN), Asset Management Corporation of Nigeria (AMCON)...
The implementation of Tier-based Minimum Solvency Capital policy for insurance companies operating in Nigeria has been suspended by the industry’s regulator, National Insurance Commission (NAICOM). This...
This week the Nigerian Stock market had a largely positive performance as trading on 4 of 5 days closed positive. Thus, the All Share Index (ASI) rose 0.2 per...
Africa Development Bank AfDB In line with its Jobs for Youth in Africa (JfYA) Strategy to boost job creation and entrepreneurship across Africa, held a breakfast...
Fidelity Bank Plc has posted an impressive financial performance for the 3rd Quarter of 2018 and is on course to finishing strong in the 2018 financial...