Trading activities on the Nigerian Stock Exchange (NSE) continued on a downward trend on Wednesday as the market capitalisation dipped by N6 billion to close at...
The Nigerian Stock Exchange (NSE) said on Tuesday that 24 companies listed on the bourse were operating below the listings standard (BLS). This was contained in...
Market Cap (N’bn) 7,360.41 Market Cap (US$’bn) 46.46 NSE All-Share Index 23,125.32 Daily Performance % (0.64) 1 Week Performance % (1.14) YTD Performance % 11.55 Daily...
Nigeria’s state-backed “bad bank” AMCON has appointed Citi and Renaissance Capital to determine the value of three lenders it nationalised last year before deciding on the...
African Development Bank is proposing to raise funds from among Africa central banks foreign reserves kept abroad to finance infrastructure. The funds which will come in...
Shares turnover grows by 69 per cent on NSE The turnover of shares on the Nigerian Stock Exchange (NSE) grew by 69 per cent on Tuesday...
Market Cap (N’bn) 7,453.77 Market Cap (US$’bn) 46.12 NSE All-Share Index 23,418.66 Daily Performance % (0.44) 1 Week Performance % 0.50 YTD Performance % 12.97 Daily...
The naira eased against the U.S. dollar on the inter-bank and the bi-weekly foreign exchange auction on Wednesday as strong demand for the dollar from importers...
By Omoh Gabriel A London High Court yesterday found Dr. Erastus Akingbola, the erstwhile Managing Director of Intercontinental Bank Plc liable of unwholesome practices and criminal...
By Omoh Gabriel Fitch Ratings has raised fresh alert on the growing loan facilities in the Nigerian Banking sector that might lead to another round of...
The Nigerian Stock Exchange (NSE) has inaugurated a Shari’ah compliant Index, “NSE Lotus Islamic Index (NSE LII).” The index followed an earlier memorandum of understanding (MOU)...
Fitch Ratings says in a newly-published special report that the recent rapid credit growth in the Nigerian banking sector may give rise to weakened asset quality...
Central Bank of Nigeria Monetary Policy Committee left benchmark interest rate at 12 per cent on Tuesday as expected but took measures to tighten liquidity to...
Nigeria’s external trade balance improved to 10.67 billion dollars (N16.63 trillion) in the first quarter of 2012, from the 8.44 billion dollars (N13.5 trillion) it recorded...
The Federal Inland Revenue Service (FIRS) Nigeria has generated through taxation N2.43 trillion in the first half of 2012. This collection represents an increase in the...