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...
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...