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...
Transactions on the Nigerian Stock Exchange (NSE) on Monday opened the week on a positive note as some highly capitalised companies recorded price gain. The market...
Trading activities on the Nigerian Stock Exchange (NSE) on Wednesday ended on a positive note as some major blue chips equity recorded price gain. The All-Share...
United Bank for Africa said on Wednesday it had received approval from the central bank to transfer its subsidiaries into a newly-formed holding company, in line...
Access Bank plans to issue a $350 million five-year Eurobond with pricing in the 7 percent range, a banking source with knowledge of the deal told...
The Federal Government has recalled the suspended Director -General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh. Her recall was communicated to her through...
The naira firmed against the U.S dollar on the inter-bank market on Monday, supported by ample dollar sales by two energy companies to some banks. The...
Market Cap (N’bn) 7,335.39 Market Cap (US$’bn) 45.39 NSE All-Share Index 22,978.14 Daily Performance % 1.04 1 Week Performance % 3.55 YTD Performance % 10.84 Daily...