Gains in NPFMCRFB (+9.5%), STANBIC (+9.4%) and TRANSCORP (+8.9%) moved the All-Share Index up 19bps to 21,741.16 points. Consequently, YTD return eased to -19.0% while market capitalisation appreciated ₦20.9bn to ₦11.3tn. Activity level...
International Monetary Fund Managing Director Kristalina Georgieva has said that a global recession as bad as 2008 financial crisis is in the offing. In a statement...
Ecobank Transnational Incorporated (ETI) has recorded a 32% growth in profit before tax of NGN146.5 billion for 2019 financial year. This was up from the N110.8...
Equities began the week in the negative region as the All-Share Index declined 2.2% to 21,700.98 points due to price depreciation in the banking tickers – GUARANTY (-10.0%), ZENITH (-9.7%) and STANBIC (-10.0%). Consequently, YTD return...
A Nigerian has died from the dreaded Coronavirus (Covid-19). The dead is an ex-Managing Director of a subsidiary of Nigeria Petroleum Corporation, Pipelines and Products Marketing...
United Bank for Africa said weekend that it held a Micro Small and Medium Enterprises (MSME) capacity training in Onitsha where about 400 small and medium...
BUA Group, said it has acquired majority shareholding in P.W. Nigeria Limited – one of Nigeria’s largest construction, engineering and mining companies. According to BUA, this...
Central Bank of Nigeria and the Bankers Committee have identified twelve Nigeria based pharmaceutical companies to that will be supported to produce local drugs and other...
The Federal Ministry of Industry, Trade and Investment is committed to providing all necessary support and encouragement to the Standards Organisation of Nigeria (SON) and other...
Zenith General Insurance Company Limited (commonly known as Zenith Insurance) has, in a trailblazing move, partnered with Telecommunications giant – MTN Nigeria to provide the first...
