Central Bank of Nigeria CBN has made moves to defend the Naira exchange rate as it intervened by selling dollar in the foreign exchange market. However...
The local bourse bounced back today, paring previous session losses, as the benchmark Index surged 0.99% to close at 74,502.58 points. Interests in telco heavyweight, MTNN (+4.58%),...
Opening the week, the Nigeria equities extended losses as the All-Share Index closed 0.34% weaker to settle at 73,768.64. Losses in industrial heavyweight, DANGCEM (-2.19%), STANBIC (-6.01%) and DANGSUGAR (-1.31%) were...
The Central Bank of Nigeria (CBN) has noticed reports, in certain media outlets, about a recommendation for the Federal Government to take over some CBN-supervised financial...
By Azubike Ugwu In the last three days, we have seen a storm of allegations regarding the ownership of Titan Trust Bank Limited (TTB) and Union...
Former Central Bank Governor, Godwin Emefiele has said that Jim Obazee report is false and misleading. Emefiele in a press statement said “after my release on...
Ahead of the Yuletide holidays, Ecobank Nigeria has reassured that customers will be able to shop seamlessly and carry out all their transactions via the Ecobank...
Wrapping up the week’s trading session, the Nigerian equities ended its four-day winning streak as the benchmark index relapsed by 0.36% to close at 74,023.27 points. Selloff...
On track for another week of gains, the benchmark index closed today’s session up 1.21% to settle at 74,289.02 points. Sustained interest in telco heavyweight MTNN (+5.40%), and tier-1 banks, namely ZENITHBANK (+0.39%), and...
The NGX All Share Index continued the bull run as the benchmark index gained 1.28% to settle at 73,397.71 points. Interests in telco heavyweight AIRTELAFRI (+4.87%), tier 1 banks namely ZENITHBANK (+1.99%)...
Centre of Social Justice said it has identify provisions in the 2024 budget that are frivolous, inappropriate, unclear and wasteful expenditure that should be eliminated. In...
Zenith Bank Plc has been listed in the World Finance 100 2023 released by World Finance Magazine, achieving the feat as the only Nigerian company in...
The domestic bourse extended the bullish run as the benchmark index gained 0.09% to settle at 72,470.10 points. Gains in telco heavyweight MTNN (+0.61%), tier 1 banks namely, ZENITHBANK (+1.75%), and...
Wema Bank will target a share placement or a public offer ahead of a forthcoming industry recapitalisation order, after raising N40 billion this month, its executive...
The Lagos bourse rebounded after the previous session’s pullback as the benchmark Index gained 0.02% to close at 72,404.91 points. Renewed interest in UBA (+0.41%) , WAPCO (+0.50%), and FIDELITYBK (+2.65%)...