Ending the week, the Lagos bourse maintained the bearish trend as the All-Share Index declined by 0.33% to close at 59,000.96 points. On market movers, selloffs in ZENITHBANK (-3.28%), GTCO (-3.92%),...
Today, the domestic bourse ended its two-day winning streak as the benchmark index shed 1.32% to close at 59,195.21 points. Selloffs in telco heavyweight, MTNN (-3.83%), as...
Central Bank of Nigeria has abolished the multiple exchange rates in the Nigerian foreign exchange market. In a circular to all banks and authorised dealers the...
Extending the bullish run for second consecutive session, Nigerian equities posted strong gains as the benchmark Index ended 3.13% stronger to settle at 59,985.10 points. Sustained demands...
Indication has emerged that the Central Bank of Nigeria (CBN) has given commercial banks and dealers in the forex market the green light to sell forex...
A Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to pay Media Rights Agenda (MRA) N1million as damages for wrongful denial...
Federal government revenue from company income tax declined by 37.79% in Q1 2023, falling from N753.88 billion to N469.01 billion. Local payments accounted for N300.78 billion,...
After its sharpest flurry of interest rate hikes in four decades, the Federal Reserve held its key rate steady Wednesday but signalled two more increases are...
Opening the week, the local bourse rebounded by 3.99% to settle at 58,163.55 points. Investor interest in telco heavyweights, AIRTELAFRI (+7.78%), MTNN (+3.60%), ZENITHBANK (+10.00%), GTCO (10.00%) and STANBIC (+9.33%) were...
Forum of Commissioners for Finance of Nigeria has called on the Federal Government to ensure that all accruals from the removal of fuel subsidy go to...
The bears continued to dominate the domestic bourse as the NGX All-Share Index (ASI) extended losses for a second consecutive session, falling by 0.12% to settle...
The Economic and Financial Crimes Commission (EFCC) has arrested 20 cybercrime suspects in Ilorin, Kwara State. A statement by Wilson Uwujaren, the Head of Media and...
World Bank’s latest Global Economic Prospects report has said that global growth has slowed sharply and the risk of financial stress in emerging market and developing...
Recovering from the previous session’s loss, the domestic bourse posted gains as the benchmark index rose by 0.42% to close at 56,038.85 points. Renewed demand for index heavyweight, AIRTELAFRI (+1.96%)...
Afrexim Bank has said that the former Honourable Minister of Health, Nigeria, Dr. Osagie Ehanire – accompanied by AMCE Executives, including CEO Brian Deaver, and representatives of...