The naira firmed against the U.S dollar on the inter-bank market Monday, supported by dollar sales by two energy companies, which boosted dollar supplies. The local...
The International Monetary Fund has urged African oil and gas producing nations to direct their revenue in infrastructure and education rather than on “white elephants”. Exploration...
By Omoh Gabriel The Lagos Chamber of Commerce and Industry has raised issues with the plan of the federal government to spend N1. 081 trillion on...
The Debt Management Office (DMO) has called on all tiers of government to ensure effective management of debts to fast-track economic development. Dr Abraham Nwankwo, Director-General...
The federal Government is worried by the use of dollar as means of payment or legal tender in the local market in Nigeria. The practice is...
By Omoh Gabriel Zenith Bank plc has continued to demonstrate to the investing public that it is here to stay and ready to provide the best...
Nigeria and Ghana on Friday in Abuja signed a memorandum of understanding to strengthen cross border insurance supervision through information sharing and investigation assistance. Mr Fola...
Nigeria is likely to be included in JP Morgan’s Government Bond Index – Emerging Markets (GBI-EM) from October, potentially bringing up to $1 billion into one...
Trading activities on the Nigerian Stock Exchange (NSE) continued on a downward trend on Wednesday as the market capitalisation dipped by N6 billion to close at...
The Nigerian Stock Exchange (NSE) said on Tuesday that 24 companies listed on the bourse were operating below the listings standard (BLS). This was contained in...
Market Cap (N’bn) 7,360.41 Market Cap (US$’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...