GlaxoSmithKline Consumer Nigeria Plc has informed the NGX and the investing public of its intention to cease operations. This is necessitated by the parent’s company strategic...
Ending five uninterrupted sessions of losses, Nigerian equities recovered as the benchmark Index rose by 0.12% to settle at 64,267.36 points. Investor interests in FBNH (+1.12%),...
Naira should be stronger than the official rate, a ministerial nominee , Olawale Edun, has said, stating that a weaker currency was not supported by fundamentals....
Nigerian equities extended losses to open the week as the All-Share Index closed 1.10% weaker to settle at 64,337.52. Sustained selloffs in telco heavyweight MTNN (-3.68%) and...
Wema Bank has grown its half year financials grossing N89.09 billion in earnings. The bank said this in its unaudited results for Half Year ended 30th...
President Bola Tinubu has appointed a financial watchdog to investigate the central bank of Nigeria CBN, weeks after he suspended its governor, a copy of a...
In the last trading session of the week, the domestic bourse extended losses as the All-Share Index declined by 0.65% to close at 65,056.39 points. Bearish sentiments...
The World Bank Group has caution Nigeria to reduce federal government borrowing by Ways and Means from the Central Bank to reduce inflationary pressures on the...
Nigerian equities extended losses for the second consecutive session as the All-Share Index closed 0.31% weaker to close at 65,482.91 points. On market movers, the weak performance was...
Today, the domestic bourse ended its four-day winning streak as the benchmark index shed 0.46% to close at 65,687.16 points. Selloffs in telco heavyweight, MTNN alongside...
Refinitiv, London Stock Exchange Group business have said that an estimated $293.4 million worth of investment banking fees were generated in Sub-Saharan Africa during the first...
The Central Bank of Nigeria (CBN) has instructed banks to remove the post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit...
Multigate, a licensed Financial Services platform that provides access to a safe and secure treasury and liquidity management system, becomes the first pan-African financial services technology...
Central Bank of Nigeria has raised its main lending rate by 25 basis points to 18.75%, less than expected, in a decision announced on Tuesday. The...
Extending its winning streak for the fourth consecutive session, the Lagos bourse maintained the positive momentum as the benchmark index closed 1.11% stronger at 65,991.02 points....