As anticipated, the equities market began the trading week on a slightly negative note as the All Share Index (ASI) declined 3bps to 34,837.67 points. Consequently, YTD...
China will extend a total of 60 billion U.S. dollars of financing to Africa, Chinese President Xi Jinping has said but quickly added that the...
Argentina’s Central Bank hiked its benchmark interest rate from 45 to 60 per cent in a bid to shore up the peso, which plunged to a...
The Nigerian Liquefied Natural Gas (NLNG) has remitted more than $6.5 billion in taxes to Federal Inland Revenue Service (FIRS) since 2009. Mr Tony Attah, Managing...
Today, the bearish sentiment persisted in the local bourse as sell pressures in bellwethers – GUARANTY (-2.7%), DANGCEM (-0.4%), STANBIC (-2.6%) and ZENITH (-1.6%) – led...
A global network of NGOs has signed a ‘game-changing’ insurance policy, intended to pay out if a drought hits Senegal, enabling aid agencies to offer live-saving...
MTN Nigeria has denied involvement in any illicit financial transactions as reported by the Central Bank of Nigeria. Reacting to CBN letter to MTN to refund...
…Standard Chartered – N2.4 bn …Stanbic IBTC – N1.8 bn …Citibank – N1.2 bn …Diamond Bank – N0.25 bn …writes MTN to...
African Development Bank (AfDB) and the Food $100m to and Agricultural Organisation (FAO) have agreed to commit $100 million to fight hunger in Africa. The joint...
As expected, it was a bull’s market today as the local bourse closed positive. The All Share Index (ASI) rose 53bps to 35,516.21 points, YTD loss...
The Central Bank of Nigeria (CBN), has injected another sum of $210 million into the inter-bank Foreign Exchange Market, in its desire to ensure that forex...
The equities market shed gains from the prior week as the All Share Index (ASI) declined 32bps to 35,311.36 points. As a result, YTD loss worsened...
Ecobank Nigeria has adopted popular child artist Kareem Waris. The bank signed an agreement with Waris’ parents for educational support/grant and upkeep allowance spanning 20 years....
In another major round of interventions, the Central Bank of Nigeria (CBN) on Thursday, August 23 and Friday, August 24, 2018, injected a total sum of...