The bears continued to dominate the domestic bourse as the NGX All-Share Index (ASI) extended losses by 0.43% to settle at 64,928.98 points. The market’s weak...
Ecobank has reiterated that the introduction of Foreign Currency transfer on Ecobank Mobile and Omnilite app is to promote and facilitate ease of cross-border business and...
Opening the week, the NGX All-Share Index relapsed by 0.18% to close at 65,210.49 points. Selloffs in Tier-1 banking names ZENITHBANK (-2.57%), GTCO (-0.79%) and STANBIC...
Central Bank of Nigeria CBN has said it will name and shamed bank invalid in foreign exchange round tripping. The apex bank said this while reacting...
In the last trading session of the week, the local bourse ended the week on a positive note as the All-Share Index closed 0.18% stronger to...
The Central Bank of Nigeria (CBN) recorded operating surplus of N65.63 billion in 2022 financial year, a growth from N31.04 billion profit posted in 2021. The...
Domestic equities bounced back today from losses earlier in the week, as the benchmark All-Share Index increased by 1.62% to close at 65,204.62 points. On market...
Access Bank Plc has instituted a bankruptcy court action against the co-founder of Seplat Energy, ABC Orjiako. Access Bank also obtained an ex-parte order granted by...
First Bank of Nigeria (FBN) Holdings says it has not received any court order stopping it from holding its 11th Annual General Meeting scheduled for Aug....
Nigeria attracted inflows of $1.41 billion into its currency market in June, the central bank has said, after it scrapped a multiple exchange rate system that...
Bearish sentiment extended in today’s trading session as the All-Share Index closed 1.75% lower to settle at 64,167.39 points, marking its second successive session decline. Selloffs...
Today, the bears dominated the domestic bourse as the NGX All-Share Index (ASI) slipped by 0.04% to settle at 65,309.65 points. The market’s weak performance was primarily...
Ratings agency Moody’s on Monday downgraded several mid-sized U.S. banks, warning that the credit strength of lenders will likely be tested by funding risks and weaker...
United States of America banking industry are on a war path with regulators over what they consider most disruptive new capital, including risk management requirements that...
Today, the domestic bourse slipped as the benchmark index closed 0.10% weaker at 65,198.08 points. Gains in ZENITHBANK (+1.49%), GTCO (+0.28%) and FBNH (+0.27%) were offset...