Opening the week, the Lagos bourse sustained its losing streak as the All-Share Index shed 0.66% to close at 66,882.64 points. The market’s weak performance was...
In the last trading session of the week, the local equities extended losses as the All-Share Index declined by 1.39% to close at 67,324.59 points. Bearish sentiments in market...
Olayemi Cardoso, recently nominated by President Bola Tinubu to become the country’s next central bank governor, took office on Friday pending his official confirmation by the...
Today, the domestic bourse extended losses from the previous session, bringing the All-Share Index down by 0.09% to close at 68,271.14 points. Bearish sentiment in MTNN...
Veritas Kapital Assurance has announced Net Premium Income of N2.699 billion for the 2022 financial year, which translate to a marginal one per cent growth compared...
The Lagos bourse broke its three-day win streak as the NGX All-Share Index fell by 0.03% to settle at 68,335.72 points. Profit taking in ACCESSCORP (-1.15%),...
Cryptocurrency usage is growing in Nigeria as Africa’s largest economy grapples with a weakening currency and soaring inflation, New York-based blockchain research firm Chainalysis said in...
The domestic bourse maintained the positive momentum as the benchmark index closed 0.71% stronger to settle at 68,359.22 points. BUAFOODS (+6.32%), GTCO (+0.43%), and STANBIC (+3.31%)...
Nigerian equities delivered a positive performance and extended gains from the previous session as the All-Share Index rose 0.71% to close at 67,877.17 points. The market’s performance...
The Nigeria Deposit Insurance Corporation (NDIC) says it has concluded plans to pay all depositors of the failed Peak Merchant Bank their liquidation dividend. A statement...
The International Monetary Fund and World Bank will decide on Monday whether to proceed with Oct. 9-15 annual meetings in earthquake-hit Morocco after completing a “thorough...
In the last trading session of the week, the domestic bourse recovered as the All-Share Index gained 0.09% to settle at 67,395.74 points. Gains in MTNN, ZENITHBANK...
National Bureau of Statistics NBS, said that Nigeria’s public debt grew at a rate of 75.27% on a quarter-on-quarter basis. The NBS said in its Domestic and...
A negative trend dominated the NGX as sellers outnumbered buyers. The market dropped by 43.58 points to close at 67,335.3, indicating the pessimism of investors. The...
Minister of Power, Adebayo Adelabu, has said that the African Development Bank (AfDB) will provide $250 million to support the Nigerian Electrification Project. Adelabu said this...