Market Cap (N’bn) 6,626.81 Market Cap (US$’bn) 41.57 NSE All-Share Index 20,934.96 Daily Performance % 0.15 1 Week Performance % 3.36 YTD Performance % (15.48) Daily...
UBA PLC said it is planning to raise fresh funds from the capital; market through private placement and a rights issue in order to hold enough...
The naira weakened against the U.S dollar at both the inter-bank and CBN auction yesterday as demand for the dollar outstripped supply at both markets. The...
Guaranty Trust Assurance Plc (GTAssur) unadited 9-month results for the period ended September 30, 2011. The insurer recorded a 38.5 per cent year-on-year (y-o-y) growth in...
The key driver in President Goodluck Jonathan’s transformation agenda is massive investment. This is why the ministries of Commerce and Industry were merged to form ministry...
Ecobank Nigeria Pls on Monday formally took over the operations and management of Oceanic bank International Plc sequel to its injection of over N41 billion into...
Central Bank of Nigeria CBN said weekend that it will sell dollars both directly into the market and at auctions, while it lifted the amount of...
By Omoh Gabriel Last week, the Group Managing Director of Access Bank, Mr. Aigboje Aig-Imokhuede had an interactive session with journalists in Lagos. He explained the...
When the Nigerian Bankers Committee muted the idea of a cashless economy, many thought it would be the global practice of financial inclusion which attempts to...
By Omoh Gabriel Access Bank PLC has appointed a new Managing Director for Intercontinental Bank after it took effective control of the bank on Friday. The...
By Omoh Gabriel The Nigeria Deposit Insurance Corporation has said that only three banks were in unsound condition in 2010. The NDIC in its 2010 report...
The Nigerian Economic Summit Group said its 2011 summit will be used to reinforce the need for “Attracting Foreign Direct Investment through Global Partnerships.” In a...
The naira touched a new all-time low in the inter-bank market and weakened at the central bank’s official window yesterday It depreciated to N167.40 against the...
As a prelude to the commencement of a Cash less Lagos, the Central Bank of Nigeria has appointed four manufacturers for the provision of Point-of-Sale (PoS)...
Nigeria National Petroleum Corporation has approached some international bank to seek for $1.5 billion NNPC banking sources said is making plans to secure a $1.5 billion,...