The World Bank says it is ready to support the Federal government in the implementation of the International Public Sector Accounting Standards (IPSAS). Mr Frederick Yankey,...
The Bankers Committee is planning to introduce soon bio-metric data for all customers operating accounts in banks in the country. Managing Director Nigerian Deposit Insurance Corporation...
The Federal Government is considering granting tax relief to manufacturers, who are generating their own power for production and other uses. Chief Kola Jamodu, the President...
Transactions on the Nigerian Stock Exchange (NSE) Tuesday remained on a downward trend with the market indices dropping by 1.2 per cent. The All-Share Index lost...
The Central Bank of Nigeria (CBN) last week issued revised guidelines for the Power and Aviation Intervention Fund (PAIF), introducing sanctions to curb the excesses of...
Activities on the Nigerian Stock Exchange (NSE) ended on a downward trend on Friday with the market indices dropping by 0.62 per cent. The market capitalisation...
Nigeria has sold N129.83 billion in treasury bills with maturity ranging from three months to six months at lower yields, the central bank said. The central...
Nigeria Stock Market Statistics (Thursday,8th November, 2012) Market Cap (N’bn) 8,567.05 Market Cap (US$’bn) 54.43 NSE All-Share Index 26,883.76 Daily Performance % 0.34 1 Week Performance...
Two International Rating Agencies, Standard & Poor’s upgraded Nigeria’s credit rating on Wednesday because of improved financial stability and optimism over reforms to the banking and...
China’s Sinopec is close to buying stakes in Nigerian onshore oil blocks from French oil major Total worth about $2.4 billion. Asia’s largest refiner has signed...
Nigeria’s Finance Minister Dr. Ngozi Okonjo-Iweala has asked the National Assembly to expand its 2012-2014 external borrowing plan by $1.3 billion to take the total debt...
Market Cap (N’bn) 8,537.90 Market Cap (US$’bn) 54.31 NSE All-Share Index 26,792.27 Daily Performance % 0.26 1 Week Performance % 1.37 YTD Performance % 29.24 Daily...
A total of 218.96 million shares valued at N1.54 billion were traded in 3,995 deals on the Nigerian Stock exchange on Friday. This was against the...
Nigerian inter-bank lending rates were flat at an average of 12 percent this week as a slow down in foreign exchange demand and the repayment of...
BY OMOH GABRIEL THE International Monetary Fund, IMF, yesterday, cautioned Nigeria against expansionary fiscal policies, given the uncertainty that still pervades the global economic scene just...