The performance of the domestic equity market was bearish today as investors continued to book profit on large cap stocks – DANGCEM (-0.9%), INTERBREW (-6.5%), WAPCO (-5.2%) and...
President Muhammadu Buhari has assented to the Nigeria Financial Intelligence Unit Act into law. This was disclosed by the Senior Special Assistant to the President on...
The inter-bank Foreign Exchange Market has received the sum of $210million from the Central Bank of Nigeria (CBN), to meet customers’ requests in various segments of...
Thomson Reuters, has released its Investment Banking Sub-Saharan Africa (SSA) region review for the first half of 2018. According to the review “two of the top...
President, Chartered Institute of Investigative and Forensic Auditors (CIFIA) Dr Victoria Enape, has lauded the Senate over the passage of the CIFIA Bill. Enape, who spoke...
The domestic bourse started the week on a bullish note as the All Share Index advanced 0.1% to 37,651.89 points while YTD loss moderated to 1.5%. Accordingly, investors...
The Central Bank of Nigeria (CBN) has directed Mobile Money Operators (MMOs) and other electronic payment service providers to comply with the collection and remittance of...
French government has said it will extend support to Lagos State government in its Mega City agenda through the commitment of €200 million (83.7 billion) to...
The bearish performance of the local bourse was extended into the second consecutive session as sell pressures in bellwethers – NESTLE (-4.1%), DANGCEM (-0.6%), and ZENITH...
Africa Finance Corporation AFC has appointed Samaila D. Zubairu as the Corporation’s 3rd President and Chief Executive Officer, succeeding Andrew Alli who comes to the end...
International Monetary Fund IMF, has said that bail out of failing banks with public funds should be the last resort. It said it is advocating a...
In its desire to ensure liquidity in the foreign exchange market to meet customers’ requests in various segments of the market, the Central Bank of Nigeria...
South Africa Banks have dwarfed Nigerian banks in the 2018 Top 1000 World Banks ranking in which the tier 1 capital of Standard Bank Group is...
The Banker in its top 1000 world banks 2018 has said that Africa’s banks delivered the highest returns with a 26 per cent return on capital....
Assets Management Company of Nigeria (AMCON) has said that there would be no more room for negotiation with debtors as the company was now set for...