Mark Zuckerberg cashed in on his company’s 2023 stock rally in a big way, selling nearly $428 million worth of shares in Meta Platforms Inc. over...
Nigeria’s external reserves recorded a drop by 0.17 per cent or $57.18 million in December 2023 to $32.912 billion from $32.96 billion in November 2023, due...
Nigeria’s naira and the Kenyan and Ugandan shillings are expected to weaken in the next week to Thursday, while Ghana’s cedi and Zambia’s kwacha could be...
Nigerian stocks climbed 2.04% on Wednesday, extending gains for the second session in 2024 after banks, consumer goods and oil shares gained, LSEG data showed. The...
Jaiz Bank, Union Bank, Wema Bank and Unity Bank, have exited the NGX Banking Index while FBN Holdings, FCMB Group, Guaranty Trust Holding Company, GTCO Plc...
In the first trading day of the year, the Nigerian equities opened on a bright note as the benchmark index gained 1.63% to close at 75,990.88 points....
Senate has endorsed President Bola Tinubu’s request on the 2022-2024 external borrowing rolling plan of $7.4 billion and 100 million euros. This followed the adoption of...
On the final trading day of the year, the bulls maintained their grip over the market to close the week in the green. Consequently, the All-Share...
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...