Today, the domestic market was bearish as losses in BUACEMENT, GUINNESS, and GTCO dragged the ASI index lower by 0.5% to 49,190.34 points. Accordingly, YTD return...
AccessCorporation has said that it has received the Central Bank of Nigeria final approval for its wholly owned payment subsidiary, Hydrogen Payment ServicesCompany Limited. This is...
The 36 states of the federation grew their combined Internally Generated Revenue (IGR) by N360 billion in two years. They grew the IGR from N1.31 trillion...
The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion (100.07 billion dollars) in March rose to N42.84 trillion (103.31 billion...
Today, the local bourse gained marginally as buying interest in FBNH (+5.0%), ZENITH (+0.3%), and FIDELITY (+2.1%) pushed the benchmark index higher by 1bp to 49,445.31...
Muhammadu Buhari has in two separate letters of requests, sought approval of the Senate for issuance of promissory notes totalling over N402 billion. Promissory notes are...
Prudential Zenith Life Insurance Limited (“PZL”) has announced its audited financial results for the year ended 31st December 2021, recording a 75% growth in profit after tax...
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings of FBN Holdings Plc and its subsidiary, First Bank of Nigeria Ltd., ‘B’ from ‘B-’ with a...
The domestic market resumed trading activities on a negative note today, following sell-offs on SEPLAT (-3.9%), GTCO (-0.3%), and MANSARD (-2.9%). As such, the benchmark index...
National Assembly has hinted that it will amend the finance act to accommodate the N11.03 deficit proposed for the N19.76trillion 2023 Budget. It said that the required...
Independent Corrupt Practices Commission and other related offences, ICPC has told the Senate Committee on Finance that the N13.59trillion 2021 budget was padded by the various...
PENCON has said that going forward it will henceforth pay pensioners their entitlement one week after retirement. PENCOM told the Senate that federal pensioners will no...
The Senate will reduce the import duties waivers proposed for the N19.76trillion 2023 budget with attendant deficit of N12.4 trillion. The Chairman, Senate Committee on Finance,...
Heirs Insurance Limited HIL, and Heirs Life Assurance have said they have began a partnership with the United Bank for Africa, titled ‘Bancassurance’ Mrs Adaobi Nwakuche,...
Today, losses in banking stocks – ZENITH (-2.5%), UBN (-3.4%), and UBA (-1.3%) – dragged the ASI index lower by 0.1% to 49,575.93 points. Accordingly, YTD...