IFC, a member of the World Bank Group, is investing N174.5 million alongside Advans S.A., German development bank KfW, and Dutch development bank FMO to establish...
Nigeria’s inter-bank lending rates were up on Friday to an average of 15.50 per cent, compared with 14.25 per cent last week, as a delay in...
Central Bank of Nigeria sold N138.43 billion in 91-day and 182-day debt this week, the second such auction this year, with yields falling compared to the...
Market Cap (N’bn) 6,590.12 Market Cap (US$’bn) 40.76 NSE All-Share Index 20,913.21 Daily Performance % (0.40) 1 Week Performance % 0.14 YTD Performance % 0.88 Daily...
Market Cap (N’bn) 6,616.80 Market Cap (US$’bn) 40.96 NSE All-Share Index 20,997.88 Daily Performance % (0.35) 1 Week Performance % 0.57 YTD Performance % 1.29 Daily...
The naira strengthened against the U.S dollar at the inter-bank market on Wednesday, supported by dollar sales by Shell and Nigerian Liquefied Natural Gas (NLNG) Company...
Nigerian stocks shed 0.31 per cent on Wednesday dragged down by brewery shares, after climbing to a four-month high on thin volumes, as it tried to...
By Omoh Gabriel Nigerian National Petroleum Corporation NNPC had between 2007 and 2009 shortchanged the federal government by underpaying the federation account in the sum of...
Eleven Nigeria banks have been ranked among the top fifty banks in the continent according to the Banker magazine. The banks that made it to the...
The World Bank Tuesday announced the appointment of Makhtar Diop, a Senegalese national, as its new Vice President for Africa. He succeeded Obiageli Oby Ezekwesili who...
Market Cap (N’bn) 6,640.24 Market Cap (US$’bn) 40.74 NSE All-Share Index 21,072.27 Daily Performance % 1.19 1 Week Performance % 0.80 YTD Performance % 1.65 Daily...
Nigerians should brace up for tough and unfavourable economic conditions in the year 2012 and beyond, says economists, financial analysts and operators in the Nigerian financial...
Market Cap (N’bn) 6,331.20 Market Cap (US$’bn) 39.03 NSE All-Share Index 20,025.94 Daily Performance % 1.00 1 Week Performance % 1.22 YTD Performance % (19.15) Daily...
Nigerian Stock Exchange is to list its first exchange traded fund (ETF) on Monday, a South African gold-backed fund that will broaden the exchange’s range of...
Mr Brett Goschen, Chief Executive Officer of MTN Nigeria, says mobile money service will change the face of communications and financial services in the country. Goschen...