Some shareholders of Oando Plc have accused the Securities and Exchange Commission (SEC) of betrayal accusing the regulator of culpable in the leakage of the petitions...
The European Bank for Reconstruction and Development EBRD is to start investing in Lebanon after the Bank’s Board of Governors decided in favour of Lebanon’s application...
The Nigerian Stock Exchange has said that trading on the shares of Avon Crowncaps & Containers (Nig.) Plc on the floor of the exchange has been...
Nigerian Stock Exchange has notified Dealing Members that Prestige Assurance Plc has made an application to it for a “No Objection” to its proposal to reduce...
Ecobank Transnational Incorporated said in a statement that it has signed a $250 million senior unsecured loan facility. Ecobank Transnational Incorporated, ETI, the Lome-based parent company...
A total turnover of 998.973 million shares worth N11.455 billion in 13,626 deals were traded last week by investors on the floor of the Exchange in...
Non oil revenue of the federal government received a boost from the revenue drive of the Federal Inland Revenue Service in the last seven months. The...
Banks are increasingly turning to insurance to protect their capital from “operational risks” like cyber attacks and rogue traders, and insurers say they can help safeguard...
At the close of trading at the Nigerian Stock Market, the prices of shares traded in the market lost value for the third consecutive session as the...
Access Bank managing Director Herbert Wigwe has said the bank has made a loan loss provision of N4 billion on its loan to troubled telecoms firm...
Germany’s Allianz Insurance plans to acquire majority stake in Ensure Insurance to pave for for it to gain access to the Nigerian financial market. It is...
United Bank for Africa (UBA) said it had made a provision on loans made to 9mobile, the mobile operator formerly known as Etisalat Nigeria. The bank...
The Nigerian Equities market started the week on a negative note as the All Share Index (ASI) lost 90bps to close at 36,317.31 points while YTD gain moderated...
Insurance stocks were mostly lower Monday, as investors awaited the initial estimates of losses from hurricane Harvey, which devastated Texas over the weekend. “While it is...
International Monetary Fund has advised younger generation not to rely on public pension scheme as they are failing across boundaries. The Fund in a blob post...