Air travel processing time could reach 6 hours soon – AITA warns The over 290-member airlines’ body, International Air Transport Association (IATA), has warned that...
FG moves to tame $2.6bn annual forex outflow by telcos The federal government has shown concern to tame the annual outflow of foreign exchange...
Stock investors lose N604bn in brutal week The eerie sound of deep dips that rented the air last week from cryprocurrency market to the...
NSE 30 defies N301bn losses to Sell-offs in Airtel, DangCem, Zenith Bank The pack of 30 most capitalised listed companies at the Nigerian Exchange...
Buhari’s $6.2bn loan request could raise public debt to N36.4trn Despite coming as a key component of the 2021 Appropriation Act, the request of...
FBNQuest Research: Inflation decline in April unexpected, to hit 18.3% in May Financial analysts at FBNQuest Research have described the reported marginal decline in...
Stocks open week bearish as index drops by 0.44% The domestic equities market on Monday launched a new trading week with 0.44 per cent...
Bulls reclaim NGX trading floor with N148bn weekly profit Despite the shortened trading week due to the public holidays on Wednesday and Thursday, the...
Another Naira devaluation looms as CBN moves to harmonise exchange rates Indications are rife that the Central Bank of Nigeria (CBN) may have commenced...
PFAs stake N8.51trn pension funds on FGN securities As pension assets rebound to surpass N12trn Appetite for federal government securities among Pension Funds Administrators (PFAs)...
NGX market CAP quivers as 11 Plc offloads N82.22bn by delisting The aggregate valuation of equities at the Nigerian Exchange Limited took a negative direction...
Elon Musk’s SpaceX visits Nigeria’s telecoms regulator over critical satellite matter A delegation from SpaceX, American aerospace manufacturer and space transportations services company owned by...
Diaspora Remittances: Is CBN’s Naira 4 Dollar Scheme here to stay? The voracity of the Central Bank of Nigeria (CBN) to swell up its...
Price dips in bellwethers cost stock investors N167bn Following the price dip recorded by the bellwethers, the equities market today inched on a negative...
MTN grows Q1 profit to N74bn despite losing 5m subscribers Telecommunications giant, MTN Nigeria Communications Plc has reported an improved profit after tax (PAT)...
Bill and Melinda Gates part ways after 27-year marriage One of the world’s richest men, Bill Gates, and his wife, Melinda, on Monday, announced...
Portfolio investments evade Nigeria as stock market posts N676.53bn turnover The waning appetite of foreign investors in the Nigerian equities market is fast fading...
NGX trains stockbrokers beyond equity asset class Nigerian Exchange (NGX) Limited has kicked off its first Automated Trading System (ATS) Certificate Training for stockbrokers in...
Wema Bank hits N1trn asset valuation despite N13.51bn revenue shortfall Despite a recorded decline in its revenue in 2020, Wema Bank Plc has grown...
Equities shed N7bn as banking stocks go bearish The local equities market reversed its previous day’s gains on Tuesday as the benchmark index declined...