The market indices of Nigerian Stock Exchange (NSE) yesterday dropped further by 0.50 per cent following investors’ reaction to the October 2016 inflation figure of 18.3...
The Central Bank of Nigeria (CBN) in Abuja said that no Nigerian Bank was in distress. The Central Bank stated this in a statement by its...
Some shareholders of Ikeja Hotel Plc say the decision of Nigerian Stock Exchange (NSE) to place the company’s shares on full suspension after over one year...
The Nigerian National Petroleum Corporation (NNPC’s) under-funding cash calls hit 2.5 billion dollars in 2016, says Dr Maikanti Baru, its Group Managing Director. Baru made this...
The Federal Ministry of Finance has announced the constitution of a committee to recover unremitted operating surpluses of agencies of government, running into N450billion. The...
The All-Share Index of the Nigerian Stock Exchange (NSE) on Monday dropped to 25,000 mark due to persistent sell pressure and exit of foreign investors. The...
$1.09759 billion from UK, $340.64 million imported as FDI Portfolio investors bring in $920.32million Banking sector attracts $555million Shares account for $646.28 million Despite the massive...
—DMO set to raise more funds to finance budget Vice President Professor Yemi Osinbajo weekend said that the federal government will not compel privatised companies to...
The general rise in prices of goods and services in Nigeria hit a new time high of 18.3 per cent in October. This means that the...
Activities on the Nigerian Stock Exchange (NSE, Wednesday remained on a bearish posture with the market indices dropping by 0.72 per cent, amidst profit taking. The...
The Central Bank of Nigeria (CBN) has warned customers to beware of international money transfer operators offering very low foreign exchange rates. The warning was made...
The Naira on Tuesday appreciated against the dollar in all the segments of the forex market. The currency gained N44.95 to exchange at N305.27 to the...
The Nigerian equity market on Tuesday depreciated further with the market capitalisation losing N180 billion due to persistent profit taking embarked upon by investors. Market capitalisation...
Foremost international rating group for financial institution, Moody’s Investors Service, (“Moody’s”) has assigned Aa1.ng/NG-1 national scale local and foreign currency issuer ratings to the Bank of...
The Federal Government and the World Bank have signed a Partial Risk Guarantee (PRG) agreement for the supply of gas to the $500 million Calabar gas...