Large cap stocks buoy NSE rebound amidst negative breadth The benchmark All-Share Index of the Nigerian Stock Exchange (NSE) resisted further decline on Thursday, thereby...
ATCON expresses worries over N15trn telecoms infrastructure gap Concerned by the funding gap of required telecoms infrastructure in Nigeria, the Association of Telecommunications Companies of...
United Nigeria Airlines gets backing from Enugu govt United Nigeria Airlines on Friday operated its first flight into Enugu. The inaugural flight took off...
Rising interests in fixed income assets spell doom for equities Rising rate of fixed income assets yields is casting a shadow of doom on local...
Bears’ firm grip on Nigerian equities cost investors fresh N112bn The bears are tightening their firm grip on Nigerians stocks as the market recorded...
Global credit risk hits 20%, tops risk mgt concerns Credit risk has become number one source of risk management concerns for financial institutions globally...
Investors count losses as stocks remain in red for 3rd day Lose N216bn to profit-taking Since the bears resurfaced at the Nigerian Stock Exchange...
ATCON rallies supports to quicken 70% broadband penetration target The Association of Telecommunications Companies of Nigeria (ATCON) has announced plan to host the maiden...
Investors gain N181bn as equities sustain uptrend Wednesday was another day for investors in the Nigerian equities market to smile all the way to the bank...
NBS: Nigeria rakes in N295.72bn company income tax in Q4 2020 Nigeria recorded a total sum of N295.72 billion as Company Income Tax (CIT) in...
Airtel Africa to present 9-month scorecard The board of Airtel Africa Plc has announced plan to tender its performance metrics for the nine months to...
How local investors stimulate N1.03trn share deals in 2020 – Onyema Oscar Onyema, the chief executive officer of the Nigerian Stock Exchange (NSE) has given...
Equities: Selloffs in bellwethers trigger N55bn loss in 2 days Selloffs in some bellwether stocks on Tuesday have forced the Nigerian equities market to remain in...
Official Data: 47.8m subscribers now NIN-SIM compliant As FG expresses optimism, appreciation The ongoing harmonization of subscriber’s identification module (SIM) cards with National Identity...
FMDQ admits N37bn worth fresh commercial papers FMDQ Securities Exchange Limited has admitted for listing the quotation four new commercial papers of three companies with...
Investors trade N32.7bn worth shares to net N552bn weekly gain Investors in the Nigerian capital market have raked in N552 billion in profit at the...
Heirs Holdings acquires 45% of OML 17 for $1.1bn Heirs Holdings (HH), in partnership with affiliated company, Transnational Corporation of Nigeria Plc (Transcorp), has announced...
Dangote Cement completes share buyback first tranche with 40.20m shares Dangote Cement Plc has announced the completion of the first tranche of its share buyback...
METRICS: Nigeria loses 1.65m broadband connections in 30 days As penetration reverses to 45.07% Operators connect 13.88m to high speed internet in 11 months Total...
IMF lowers China’s growth in 2021; warns of financial dangers The International Monetary Fund (IMF) on Friday lowered its 2021 growth forecast for China to...