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...
E-payment: Banks process N356.47trn in Q4 2020 alone A total volume of 3,464,811,083 transactions valued at N356.47 trillion was recorded in Q4 2020 as...
Four Mills pledges N160bn to develop Nigeria sugar backward integration Nigeria’s food and agro-allied group, Flour Mills of Nigeria Plc has announced an increased...
NGX attracts N13.7bn debut bond of Emzor Pharmaceuticals The Nigerian Exchange Limited (NGX) has announced the listing of a N13.7 billion bond of Emzor...
2020: Axa Mansard Insurance nets N6.04bn profit AXA Mansard Insurance plc, a member of the AXA Group has announced its audited financial results for full...
Nigeria’s forex inflow suffers 54% decline in January Inflow of foreign exchange into the Nigerian economy fell significantly in the first month of the...
Investors lose N33bn as bears reclaim NGX floor Negative sentiments resurfaced in the local bourse on Thursday as bears displaced by the bulls the...
Overnight rate expands on CBN’s OMO auction The overnight lending rate expanded by 275bps to 15.0%, following outflows for CBN’s weekly OMO auction. The...
Inflation rises for 19th consecutive months as food prices remain the culprit The latest inflation data released today by the National Bureau of Statistics...
BDCs process N1trn annual deals, says Gwadabe The Association of Bureaux de Change Operators of Nigeria (ABCON) has said that its annual turnover is...